Speak of the Nuclear Safety Summit in Seoul, Chinese President Hu Jintao has emphasized that nuclear energy plays an irreplaceable role in energy security and tackling climate change. And the views expressed by Premier Wen Jiabao in Abu Dhabi a few months ago echoes - the safe and efficient development of nuclear power is a strategic choice to solve the future energy supply. It can be seen that the Chinese will be widely promoted civil nuclear program.However, this civilian nuclear program or face of China's uranium reserves are very limited reality, which will contribute to future dependence on foreign uranium supply, and the current dependence on overseas trade of the Chinese uranium supply is not low. The future of China will face more challenges in ensuring the safe development of civilian nuclear power.Uranium History: From a buyer's market to a seller's market.The uranium industry in the 1940s, most mainly used in the military. 1953, the peaceful uses of atomic energy program, first proposed the development of civilian nuclear energy advocate. In the 1960s, the United States Energy Board is prohibited in domestic reactors using imported uranium, and slashed the price of domestic uranium exports. During this period, the rest of the world uranium supply.At that time, except the United States, Canada and other major producer of uranium country producers are trying to mitigate the impact of U.S. policy, in an attempt to change the pattern of global uranium market. In June 1972, a secret international uranium cartel was formally established, known as the Uranium Association for the Study of its activities, including an agreed price, bid-rigging and part of the market. But in 1976, this organization disintegrated in the antitrust lawsuit.Since the end of the Cold War, the secondary uranium resources available increase in uranium spot prices plummeted in the 1980s and 1990s. Coupled with the impact of the Chernobyl nuclear accident, the enthusiasm of the new nuclear power plants worldwide, thereby promoting the spot price to fall further, the production also declined. From the early 1980s to 2001, uranium prices have continued to slump, the fluctuations between $ 10 pound. However, since 2001, uranium prices rebounded from historic lows, and has been increased to 2007. Historically, the price of uranium had risen to a high of 136 U.S. dollars per pound. In the past 25 years, uranium production insufficient investment has become increasingly apparent.From the uranium spot market from 1980 to 1994, 15 years, has been a buyer's market, from 1998 to 2003. But now the situation is exactly the opposite. Because of the special historical reasons, uranium, and there is no formal market place. Less than 15% of the global uranium trading of spot way.Limited impact in the Fukushima nuclear accident.Fukushima accident had a negative impact on the global uranium market. February 2011 to August, the stock index fell about 30 percent, the spot price fell to $ 49.13 from $ 72.63 per pound. Fukushima earthquake and tsunami occurred five days later, the Chinese State Council to suspend approval of new nuclear power projects, a comprehensive security review of all its nuclear program is running and under construction.Chinese companies are also a positive response to the changing situation, trying to complete the renegotiation of the investment plan yet to be determined. In early May 2011, the China Guangdong Nuclear Power Group (CGNPC, hereinafter referred to as "China Guangdong Nuclear Power") to withdraw a value of up to $ 1.24 billion attempt to acquire a controlling stake in Kalahari (Kalahari Game Reserve) Mining Co., Ltd. offer. In the autumn of 2011, the two sides to renegotiate the final price of nearly $ 1 billion in February 2012 to reach an agreement.But in the end most analysts believe that the Fukushima nuclear accident on the uranium market is limited. Royal Bank of Canada capital markets that the uranium price index compared to the bubble period in 2007 decreased, but still higher than the 2008 low, and that the next 20 years, uranium demand will average 4 percent growth rate. The bank expects 2013 uranium price will be $ 80 per pound.The global uranium market is entering a crucial transition, which strongly support the rising price of uranium. The world's uranium production to meet the 75% of global demand, the rest rely on the release of uranium resources in the military reserves to meet this reserve resources is rapidly reduced. In fact, the US-Russian highly enriched uranium purchase agreement will terminate in 2013, the program has Russian nuclear weapons remaining highly enriched uranium into the commercial power reactor fuel in the United States.In the global uranium market, the inter-State relations still plays a very important role. For example, China's investment in its Central Asian neighbors, Kazakhstan and Uzbekistan, will feel more comfortable, because these countries have established a long-term and stable relationship, while the importing countries of the European uranium in dealing and exporting countries in Africa experienced. Since the current global uranium market is still not transparent to other commodity markets, the degree of government involvement and deeper then the uranium market will continue to be the history of bilateral relations or regional political influence.More dependent on uranium imports will be inevitable.In 2007, the Chinese National Development and Reform Commission in 2020 the goal of the Internet capacity of nuclear power is set to 40 GW in 2009, this goal was revised to 60 Kat ~ 70 GW. According to the data of the World Nuclear Association (WNA), China's current nuclear reactors run 15, in the construction of 26 171, plans to build in the next 15 years in the planning stages. China National Energy Board, Deputy Secretary, said Qian Zhimin, can contribute 7% to 8% of the energy needs of nuclear power in 2020, this proportion is higher than the official government target of 5%.China's proven uranium resources are more scarce. WNA's data show that China has proven mineable uranium resources is only 6.8 million tons, less than 1% of the world's total. According to the International Energy Agency (IEA) data, the uranium production in 2010 was only 827 tons, while the 2011 uranium consumption has reached 4400 tons. In this case, China will inevitably be more dependent on uranium imports.The basic principles of China's uranium policy is the two markets and two resources, "the development of the country (including the development of advanced nuclear power systems or alternative nuclear power to save fuel) and international (cross-border acquisitions, investments and long-term contract) two resources . 2020 natural uranium supply situation will be: 1/3 from domestic production, 1/3 from the direct procurement from foreign suppliers, 1/3 from the overseas holdings of uranium production.As part of the "going out" strategy, China is gradually to obtain uranium resources from overseas. Uranium in Niger and Kazakhstan has mining interests, and is to invest in Uzbekistan, Mongolia, Namibia, Algeria and Zimbabwe, to import uranium from Australia and Canada. In many ways, China's iron ore and copper markets did not appear in the uranium market. China has just participated in the uranium market, and therefore China can draw lessons from handling highly dependent on imports of goods transactions.The internationalization of the challenges are many.Chinese companies in the international aspects of the supply of uranium resources is also facing many challenges such as lack of management of the international uranium mining company's experience, ignorance of foreign laws and policies, lack of response to the experience of uranium resources in the country's political risk.In 2009, the world's six largest uranium mining company has occupied 77% of global market share - AREVA (Areva,) accounted for 17% of Cameco (Cameco, the), 16%, Rio Tinto (Rio Tinto) accounted for 16 %, the Kazakhstan State Atomic Energy Corporation (Kazatoprom) accounted for 13% In For ARMZ / Rosatum accounted for 9%, BHP Billiton (BHP Billiton) accounted for 6%.Political risk, in addition to corruption and resources in the country political instability that may occur, uranium resources in the country, mostly in Central Asia and Africa, must be able to respond to the diplomatic tensions that may occur. Given the forecast of the global uranium market is in short supply in the next few years, is considered the most reliable uranium market in Central Asia will also be highly competitive. Buying large quantities of uranium in Russia, South Korea and Japan in Central Asia, India and Iran also intends to increase the volume of imports from Central Asia. Faced with such intense international competitive environment. China needs to take a smart foreign policy to maximize imports of interests in a number of a seller's market.Another political risk from the domestic public opinion of China and the resource-exporting countries such as Australia's silent attitude of the development of nuclear power at home and abroad has been the country's uranium export capacity affected. Therefore, when plans to invest abroad, uranium, Chinese enterprises need to successfully grasp the understanding and views of the public for their actions.China should actively participate in international cooperation.In the world's uranium production, uranium produced in Canada is the highest quality. In fact, only Canada has a lot of uranium ore content of between 1% and 20%. Canadian uranium production is expected will be the average annual growth rate of 9%, to 15,300 tons in 2016.Canadian Prime Minister's visit to China in February 2012, China signed the Protocol amending the bilateral nuclear cooperation, designed to allow Canadian exports to China uranium enrichment material. Ensure energy security for China to achieve the diversification of energy supply channels is great news. Canada from direct exports to China uranium fuel, prior to the deal in Canada is prohibited.China has two of CANDU reactor (Atomic Energy of Canada Corporation), and is considering the construction of several groups. China is now from 9 light-water reactor fuel recycling. CANDU reactors can also thorium as fuel, China has been the development of thorium fuel recycling system and Canada. Thorium reserves in China is relatively rich, low mining costs, and produce less pollution. If successfully developed, will enhance the level of China's energy security.Countries are being negotiated to establish a meaning in the coordination of the cooperation mechanism of the world's uranium enrichment activities. This mechanism will help to enhance the tracking of the enriched fuel at the global level to facilitate the coordination of enriched fuel in the global market. Nuclear experts in calling for the establishment of an international uranium enrichment banks, on the one hand guarantees of channels to obtain enriched uranium, on the other hand to prevent a number of national independence to build their own uranium enrichment nuclear facilities.This level in the developing countries, China has the opportunity to play a leading role. In fact, China actively providing nuclear safety assistance, and concentrate on helping developing countries establish and improve nuclear safety infrastructure, and improve the technical standards of nuclear safety.Nuclear Security Summit in Seoul, the countries on the harmonization of safety standards and encountered many difficulties, China has the will and other developed countries to cooperate in this field. Over the years China has made considerable efforts in the field of nuclear safety. China is one of the international community, is the world to enhance nuclear safety efforts an integral part of. In fact, China is already a mature IAEA Member States, and to prevent international nuclear proliferation, cooperation in civilian nuclear technology and energy companies of the French Areva, Atomic Energy of Canada and the U.S. Westinghouse and other companies. also involved in the international governance framework. But more need of such international cooperation at the multilateral level to carry out, in particular, resource procurement and nuclear safety dialogue.China's energy demand is growing rapidly, so that the parallel development of a civilian nuclear program is inevitable.
China crisis in manufacturing source: blend in with the overall economic
Wednesday, April 25, 2012
Energy industry regulatory issues once again become the focus of public opinion
From the National Bureau of energy sources, energy reform guidance has been drafted, the establishment of " energy" as the main content. Energy industry regulatory issues once again become the focus of public opinion.
22, Shandong University of Finance and Economics Institute, herald commentator Zhang Hongfeng accepted Economic Herald reporter the interview said: "the establishment of the Department of energy is a state of perfect government function, to achieve energy-saving emission reduction due justice."
" China's energy situation is grim, the available energy management system, can effectively realize the national energy strategy, establishment of the Department of energy 's direction. But the original scattered in various departments of power divided again, back to the new Department of energy, will face the departmental interests, but also on the government intelligence test." Adfaith partner, energy expert Wang Danqing to herald reporters.
Conducive to energy-saving emission reduction micro regulation management.
China is a country of great energy consumption, energy industry uses problem has attracted a lot of attention. How will the electricity, coal, oil, gas and energy saving and emission reduction, energy planning and integrated into a unified management, improve energy utilization efficiency, is the key to sustainable development. But long-term since, the energy industry management but there are many problems.
Zhang Hongfeng said, energy saving and emission reduction was once considered the" government", therefore, many scholars regard it as the" macro" into the function of macroscopical adjusting control studies. In practice, from central to local, will be energy-saving emission reduction as the target of macroscopical adjusting control. " This is not conducive to energy-saving emission reduction implementation." Zhang Hongfeng said.
Zhang Hongfeng said, macroscopical adjusting control and microcosmic compasses has a strict limit, if the micro regulation function on the macroeconomic regulation and control, not only conducive to play the role of macro-control, also bring negative effect. For example, energy saving and emission reduction, this should be at any time are needed to enhance the function of a government, but in practice, because be regarded as function of macroscopical adjusting control. " The energy saving and emission reduction should be the government micro regulation functions of macroeconomic regulation and control from the stripped out, truly reflect the regulation of the public, direct, local sex, accuracy and other features, the pursuit of long-term economy performance function."
" Developed the work of energy-saving emission reduction do better, and set up a government energy-saving emission reduction regulation mechanism and the management system of system are inseparable." Zhang Hongfeng, for example, in the United States, the Department of energy ( DOE ) is the main government energy conservation administration agencies, specifically responsible for the United States of America energy policy formulation and implementation.
In China, energy saving has a special regulation law" energy conservation law", but did not set up specializing in energy saving regulation of the administration, but by the national development and Reform Commission set the Energy Bureau and the provincial level energy conservation office to perform this function.
" This management model the impact of energy regulation effectiveness and long-term sex, should be established in accordance with the law special energy-saving regulation mechanism, first to set up the Department of energy." Zhang Hongfeng said.
The new Department of energy must have real power.
The sources of energy of our country administration dispersed, in addition to energy outside, associated with the energy sector also includes the SERC, the Ministry of water resources, land ministry and other ministries. In addition, the administrative level also exist " cease to exist except in name" regulatory embarrassment.
" At present, China's Energy Bureau is subordinate to the national development and Reform Commission, two departments. As the oil, electricity, coal and other monopoly industries, PetroChina, Sinopec, the State Grid are ministerial level, division level units of bureau of the sources of energy to its management is difficult." Wang Danqing said.
On January 27, 2010, State Council issued the notice, to strengthen energy strategic decision and coordination, decided to set up a national energy commission. " The body is a coordination committee, not physical, is in the Bureau of energy level low, unable to coordinate all aspects of the work of established under the circumstances." Wang Danqing said.
The establishment of the Department of our country the sources of energy is the ill-fated1980, the Department of energy was established, institutional reform in 1988, the Department of energy has been removed. Later, due to various reasons, the Department of energy, high voice eventually became the Bureau of energy, under the national development and reform commission.
" The Department of energy from its inception to the revocation of the interests of all parties, but also the outcome of the game each sector is clearly to be power off." Wang Danqing said.
Because the level is low, the Bureau of energy management is the biggest problem facing in the energy pricing, no power, no regulation of energy market. Wang Danqing said, the new Department of energy must have the real power, will be dispersed in the Ministry of finance, development and Reform Commission, the SASAC and other departments of power in the hands of a fully retracted, with the actual pricing, in the hierarchy of cover up, in the authority control, can really play a role. Otherwise only the empty shelves, it loses its meaning.
United States lift the ban on offshore oil production, not falling international oil prices against risingChina electronic commerce service industry development is rapid development into a high-speed development
Recently, experts said the release of the report, according to the current technical and economic condition, around the year 2015will be electronic commerce service industry development turning point, will be the rapid development into a high-speed development.
As for the reason, said the report, since around 2015, with a complete, mature network consciousness and culture" after 90" generation will march into the economic fields of society, the social network of production and consumption atmosphere is formed basically. Around the year 2020will be electronic commerce service industry development assault fortified positions, based on network of invisible market size will be close to the traditional tangible market scale, a large number of traditional commercial industry will accelerate the atrophy, gradually quit the stage of history.
The report also points out, electronic commerce service industry is a kind of important strategic emerging industries. One is the electronic commerce service industry may be the future goods pricing, the important strategic material control, economic development initiative in the industry; two is the electronic commerce service industry is expected to realize from the "made in China" to" created in China" in the industry; three is the electronic commerce service industry is a typical"3 tall two low" industry, namely, high technology content, high quality of personnel, high additional value, material resources low consumption, low pollution discharge; four is the electronic commerce service industry employment opportunities, good comprehensive benefits of related industries, spurring the transformation and upgrading of traditional industries, obvious effect; five is the electronic commerce service industry market space, the broad prospects of development.
As for the development of our electronic commerce service industry advantage, report pointed out: first, the economy will continue to maintain rapid growth, economic gross expands continuously, as the electronic commerce service industry development to provide a solid economic base and a broad market space; second, the information network infrastructure continued to improve, and gradually expand the scale of Internet users, and was quickly the momentum of development, for the development of electronic commerce service industry has laid a good foundation of network; third, advance economy to grow manner change and structural adjustment efforts continue to increase, to the development of electronic commerce service industry needs more robust; fourth, the resource inside global limits, market, technology, talent of international competition is increasingly fierce, and further stimulate the enterprises the application of electronic commerce to the initiative and enthusiasm, electronic commerce service industry development intrinsic power increases continuously.
Although our country electronic commerce development in the respect such as dimensions and other regions or countries compared to a gap, but with a good foundation conditions, may at the national and global e-commerce competition pattern not yet forms period, through the system innovation, mode innovation and technology innovation to win competitive advantage.
In addition, the report also put forward, our country should attach great importance to and vigorously develop e-commerce service industry, the electronic commerce service industry as a kind of important strategic emerging industries, next great strength, good job.
E-commerce platform company main business treasure, the focus of science and technology; electronic commerce software developers have gold card stock, three five of Internet, net old science and technology.
United States Apple fanaticism behind deindustrialization concerns
As for the reason, said the report, since around 2015, with a complete, mature network consciousness and culture" after 90" generation will march into the economic fields of society, the social network of production and consumption atmosphere is formed basically. Around the year 2020will be electronic commerce service industry development assault fortified positions, based on network of invisible market size will be close to the traditional tangible market scale, a large number of traditional commercial industry will accelerate the atrophy, gradually quit the stage of history.
The report also points out, electronic commerce service industry is a kind of important strategic emerging industries. One is the electronic commerce service industry may be the future goods pricing, the important strategic material control, economic development initiative in the industry; two is the electronic commerce service industry is expected to realize from the "made in China" to" created in China" in the industry; three is the electronic commerce service industry is a typical"3 tall two low" industry, namely, high technology content, high quality of personnel, high additional value, material resources low consumption, low pollution discharge; four is the electronic commerce service industry employment opportunities, good comprehensive benefits of related industries, spurring the transformation and upgrading of traditional industries, obvious effect; five is the electronic commerce service industry market space, the broad prospects of development.
As for the development of our electronic commerce service industry advantage, report pointed out: first, the economy will continue to maintain rapid growth, economic gross expands continuously, as the electronic commerce service industry development to provide a solid economic base and a broad market space; second, the information network infrastructure continued to improve, and gradually expand the scale of Internet users, and was quickly the momentum of development, for the development of electronic commerce service industry has laid a good foundation of network; third, advance economy to grow manner change and structural adjustment efforts continue to increase, to the development of electronic commerce service industry needs more robust; fourth, the resource inside global limits, market, technology, talent of international competition is increasingly fierce, and further stimulate the enterprises the application of electronic commerce to the initiative and enthusiasm, electronic commerce service industry development intrinsic power increases continuously.
Although our country electronic commerce development in the respect such as dimensions and other regions or countries compared to a gap, but with a good foundation conditions, may at the national and global e-commerce competition pattern not yet forms period, through the system innovation, mode innovation and technology innovation to win competitive advantage.
In addition, the report also put forward, our country should attach great importance to and vigorously develop e-commerce service industry, the electronic commerce service industry as a kind of important strategic emerging industries, next great strength, good job.
E-commerce platform company main business treasure, the focus of science and technology; electronic commerce software developers have gold card stock, three five of Internet, net old science and technology.
United States Apple fanaticism behind deindustrialization concerns
Tuesday, April 24, 2012
Iron ore of golden ten years probably difficult to reproduce
" In 1994the price of imported iron ore as the base, according to our index calculation, to the present price rose 500%, while steel prices rose only 26%, the steel industry can not difficult?" CISA vice-chairman Wang Xiaoqi 17in Qingdao at the international iron ore market workshop.
Economic Herald reporter from the China Steel Association recently held the first information learns on the meeting, one quarter of the national iron and steel enterprises economic benefits continues to drop, already by before a stage production industry losses, into the new century the first industry-wide losses.
Wang Xiaoqi thinks, China's iron and steel industry into the loss of the entire industry, iron ore prices have no reason to maintain such a high price, the future price of space is larger, not more than 130dollars / ton more reasonable.
" From 2002 to2012is the ten year of iron ore of gold period, at present, it is in the past, the rest of one's life if it is not for another ten years ( golden age )." " My iron and steel" network president Zhu Junhong said.
Steel enterprises target : the first half loss.
Wang Xiaoqi said, from the rise and fall of China Steel Association of domestic steel price index, more than 10years, steel price increases far behind the imported iron ore prices.
However, he also expresses at the same time, the base of the choice of law does not necessarily science. In 1994China's economy is in a period of rapid growth, the steel prices at a relatively high position. At the same time, the cold rolled plate and other high value-added steel production is relatively low, the index by arithmetic average rather than the weighted average, the calculation is relatively high, leading to price increases slowly. " But a hundred, a few, big trend exists."
" Trade beneficial result glides all the way, in January this year and February deficit, estimated that in March the best result is flat. Our goal is not to lose the first half of this year, a slight profit." According to Wang Xiaoqi, the four quarter of last year iron and steel industry, a loss of 4800000000 yuan, profit by the mining, financial and other non - steel industry, iron and steel enterprises at present day very difficult.
" My iron and steel" network chief analyst Jia Liangqun said, from the last four or five months to eight or nine months, steel prices have been relatively strong, but then began to decline, appeared for many years no dull situation. At present, the real estate market is stagnant, engineering machinery and other industries deceleration, the next phase of steel enterprises still take the " stock", five, in June three or four quarter is expected to callback, is valued.
Iron ore traders: only" earn money".
" If the iron and steel demand short-term trend reversal, iron ore prices will not rise." Jia Liangqun said.
Wang Xiaoqi argues that, despite the current iron ore supply and demand is tight, but with structural adjustment, economic slowdown, steel demand will drive the iron ore demand; supply side, a few miners last year's $about 40000000000profit will stimulate the expansion of production capacity, coupled with the domestic mining, the increase of overseas mining interests, has been basically formed situation of supply exceeding demand, iron ore prices began falling into the channel.
Zhu Junhong believed that, because there is still a demand, iron ore prices drop too won't big, but also difficult to go up. The next stage, iron ore prices in a small range, and iron ore traders will only do service" to earn some money".
Hunan Valin Lianyuan iron and steel company chief analyst Liu Xi thinks, short-term inside the price of imported iron ore will continue to show a steady upward trend, expected highs of $158/ ton, annual fluctuations to be narrowed, mean in the 150 U.S. dollars / tons.
More than iron ore traders and demand the steel enterprises and related responsible person said, the next stage, the iron ore price or will remain at 145U.S. dollars / ton to 155 U.S. dollars / tons, and iron ore traders future profitability will be the next $10spread decision.
Xinhua metallurgical Holdings Limited Purchasing Department Deputy General Manager Wu Jiahao said, steel market this year big market is difficult to occur, but does not rule out a small market, iron ore price breaks through 155 dollars / tons or even160 dollars / ton is possible. In this case, in the domestic and overseas mineral ore, stock, futures and spot, long association with the spot and so on, to do a good job matching. "In the short term on or buy, options to be early, long-term should be cautious." He said.
Chongqing iron and steel giant 1.471 billion, Mills is facing revenue-two mountains
Economic Herald reporter from the China Steel Association recently held the first information learns on the meeting, one quarter of the national iron and steel enterprises economic benefits continues to drop, already by before a stage production industry losses, into the new century the first industry-wide losses.
Wang Xiaoqi thinks, China's iron and steel industry into the loss of the entire industry, iron ore prices have no reason to maintain such a high price, the future price of space is larger, not more than 130dollars / ton more reasonable.
" From 2002 to2012is the ten year of iron ore of gold period, at present, it is in the past, the rest of one's life if it is not for another ten years ( golden age )." " My iron and steel" network president Zhu Junhong said.
Steel enterprises target : the first half loss.
Wang Xiaoqi said, from the rise and fall of China Steel Association of domestic steel price index, more than 10years, steel price increases far behind the imported iron ore prices.
However, he also expresses at the same time, the base of the choice of law does not necessarily science. In 1994China's economy is in a period of rapid growth, the steel prices at a relatively high position. At the same time, the cold rolled plate and other high value-added steel production is relatively low, the index by arithmetic average rather than the weighted average, the calculation is relatively high, leading to price increases slowly. " But a hundred, a few, big trend exists."
" Trade beneficial result glides all the way, in January this year and February deficit, estimated that in March the best result is flat. Our goal is not to lose the first half of this year, a slight profit." According to Wang Xiaoqi, the four quarter of last year iron and steel industry, a loss of 4800000000 yuan, profit by the mining, financial and other non - steel industry, iron and steel enterprises at present day very difficult.
" My iron and steel" network chief analyst Jia Liangqun said, from the last four or five months to eight or nine months, steel prices have been relatively strong, but then began to decline, appeared for many years no dull situation. At present, the real estate market is stagnant, engineering machinery and other industries deceleration, the next phase of steel enterprises still take the " stock", five, in June three or four quarter is expected to callback, is valued.
Iron ore traders: only" earn money".
" If the iron and steel demand short-term trend reversal, iron ore prices will not rise." Jia Liangqun said.
Wang Xiaoqi argues that, despite the current iron ore supply and demand is tight, but with structural adjustment, economic slowdown, steel demand will drive the iron ore demand; supply side, a few miners last year's $about 40000000000profit will stimulate the expansion of production capacity, coupled with the domestic mining, the increase of overseas mining interests, has been basically formed situation of supply exceeding demand, iron ore prices began falling into the channel.
Zhu Junhong believed that, because there is still a demand, iron ore prices drop too won't big, but also difficult to go up. The next stage, iron ore prices in a small range, and iron ore traders will only do service" to earn some money".
Hunan Valin Lianyuan iron and steel company chief analyst Liu Xi thinks, short-term inside the price of imported iron ore will continue to show a steady upward trend, expected highs of $158/ ton, annual fluctuations to be narrowed, mean in the 150 U.S. dollars / tons.
More than iron ore traders and demand the steel enterprises and related responsible person said, the next stage, the iron ore price or will remain at 145U.S. dollars / ton to 155 U.S. dollars / tons, and iron ore traders future profitability will be the next $10spread decision.
Xinhua metallurgical Holdings Limited Purchasing Department Deputy General Manager Wu Jiahao said, steel market this year big market is difficult to occur, but does not rule out a small market, iron ore price breaks through 155 dollars / tons or even160 dollars / ton is possible. In this case, in the domestic and overseas mineral ore, stock, futures and spot, long association with the spot and so on, to do a good job matching. "In the short term on or buy, options to be early, long-term should be cautious." He said.
Chongqing iron and steel giant 1.471 billion, Mills is facing revenue-two mountains
China Environmental Protection Industry in recent years the present policy and market double positive, overall entered the gold period of growth
Solid waste treatment industry will become the next Nuggets point of environmental protection industry. A few days ago, Sai Di adviser issued" China's environmental protection industry investment and financing and strategic research (2012)", research shows, China Environmental Protection Industry in recent years the present policy and market double positive, integral to the golden period of growth, the breakdown field in the new environment for development opportunities, and solid waste treatment industry is the environmental protection industry future most optimistic about the industry.
Sai Di investment adviser to the data display" fifteen" since, industry of environmental protection investment year increase rate is in 15% above," eleven five" period, environmental protection industry, a total investment of 1.375yuan, a" fifteen" during increase 96.4%, accounts for the G D P proportion rises to 1.35%. In 2010, China environmental protection industry output value of surge 18.1% from a year earlier, the size of a breakthrough one trillion yuan. " Twelfth Five-Year Plan" period, China's environmental protection industry will continue to maintain rapidder growth rate, expected growth rate maintained at15%-20%. Investment in environmental protection industry will continue to grow, the total amount of investment planning of reaching3.4trillion yuan, a" eleven five" period investment more than doubled,"925" during industry of environmental protection investment occupies G D P ratio will reach more than 1.5%. " China 's environmental protection industry has entered a golden period of growth." Sai Di investment adviser business director Dr. Huang Wujun said the case.
Research shows that, with the overall development of environmental protection industry, each segment is also in a new environment for development opportunities, and solid waste treatment industry of environmental protection industry in the future is the most promising industry.
Huang Wujun said the analysis, from the horizontal comparison, the environmental protection industry in the outstanding performance of seed industry market investment peak has passed, solid waste treatment industry development prospects are better than the desulfurization industry. First of all, desulfurization industry downstream is the major power plant, the five power plant has its own desulfurization engineering enterprises, thus desulfurization engineering enterprise in project bidding no advantage, and solid waste treatment industry downstream is a local government, brand, financing ability in competitive bidding in a large advantage, thus more competitive. Secondly, from the threshold of the industry and the industry competition, the desulfurization industry, small and medium enterprises more than 200, more than 30 large enterprises, engineering equipment is homebred change rate is high, the threshold of the industry is very low, and the solid waste is a very complex process, according to the different fertilizers with different treatment procedures, need for complex equipment integrated, so the technology and project experience is very important, there are only a handful of companies to complete the large solid waste engineering equipment integration.
Research shows that, in recent years, relates to solid waste processing business enterprises by PE / V C investment increases ceaselessly, the disclosed case number was achieved in 11 cases. With the solid waste pollution event in the continuous exposure and people's growing awareness of environmental protection, solid waste processing is gradually become a" sewage treatment industry".
China profit driven hyper-real estate wine
Sai Di investment adviser to the data display" fifteen" since, industry of environmental protection investment year increase rate is in 15% above," eleven five" period, environmental protection industry, a total investment of 1.375yuan, a" fifteen" during increase 96.4%, accounts for the G D P proportion rises to 1.35%. In 2010, China environmental protection industry output value of surge 18.1% from a year earlier, the size of a breakthrough one trillion yuan. " Twelfth Five-Year Plan" period, China's environmental protection industry will continue to maintain rapidder growth rate, expected growth rate maintained at15%-20%. Investment in environmental protection industry will continue to grow, the total amount of investment planning of reaching3.4trillion yuan, a" eleven five" period investment more than doubled,"925" during industry of environmental protection investment occupies G D P ratio will reach more than 1.5%. " China 's environmental protection industry has entered a golden period of growth." Sai Di investment adviser business director Dr. Huang Wujun said the case.
Research shows that, with the overall development of environmental protection industry, each segment is also in a new environment for development opportunities, and solid waste treatment industry of environmental protection industry in the future is the most promising industry.
Huang Wujun said the analysis, from the horizontal comparison, the environmental protection industry in the outstanding performance of seed industry market investment peak has passed, solid waste treatment industry development prospects are better than the desulfurization industry. First of all, desulfurization industry downstream is the major power plant, the five power plant has its own desulfurization engineering enterprises, thus desulfurization engineering enterprise in project bidding no advantage, and solid waste treatment industry downstream is a local government, brand, financing ability in competitive bidding in a large advantage, thus more competitive. Secondly, from the threshold of the industry and the industry competition, the desulfurization industry, small and medium enterprises more than 200, more than 30 large enterprises, engineering equipment is homebred change rate is high, the threshold of the industry is very low, and the solid waste is a very complex process, according to the different fertilizers with different treatment procedures, need for complex equipment integrated, so the technology and project experience is very important, there are only a handful of companies to complete the large solid waste engineering equipment integration.
Research shows that, in recent years, relates to solid waste processing business enterprises by PE / V C investment increases ceaselessly, the disclosed case number was achieved in 11 cases. With the solid waste pollution event in the continuous exposure and people's growing awareness of environmental protection, solid waste processing is gradually become a" sewage treatment industry".
China profit driven hyper-real estate wine
Hazardous waste, medical waste planning after the three five year plan is not yet finished, progress is hard
The environmental protection department of planning and Finance Secretary Zhai Qing in the recently held national environmental protection planning financial work conference that year, hazardous waste, medical waste special arrangement of accumulated over5000000000 yuan, investment and capital construction237 hazardous waste, medical waste treatment settings,42 mobile monitoring center and a basis for engineering research and development center. But he said," the national hazardous waste and medical waste disposal facilities construction plan" has been carried out after" fifteen"," eleven five""925" three" Five Year Plan", by the end of last year, there are 11% items in the preliminary design stage,3% of the project is still in early stage work," this special progress in hard".
Another reporter learned from authoritative sources, the preliminary design stage means that the feasibility of obtaining approval did not advance; early stage work means the expropriation of land, investment estimation, selection of process route and other work has been completed, or not doing enough solid. In addition, even after the two stage, but also after the budget examination and approval, construction, completion and acceptance with link, to complete the planning requirements.
" Economic reference Daily News" reporter learned most newly, the face of dangerous waste and medical waste related planning implementation in the individual regions lags years situation, the environmental protection department of the relevant person in charge decided to take interviews, regional EIA restriction measures.
As a response to the field of industrial hazardous waste and medical waste during the SARS period after the spawn, promulgated 2004the plan to put forward, strive to be in before the end of 2006, eliminating the hazardous waste, medical waste and radioactive waste pollution problems, the basic realization of the national hazardous waste, medical waste and radioactive waste storage and disposal. China Environmental Science Research Institute of Solid Waste Research Institute, Wang Qi tells a reporter 20 days, according to the original plan, to the end of 2006, each province to establish a hazardous waste disposal center, a total investment of over 10 billion; but as of today completion rates less than half, some local special funds did not spend.
Wang Qi explained that, at the time, some places in order from the central finance for the project construction funds, regardless of solid waste treatment technologies of short board, despite the high operating cost caused by local finance burden, even dangerous waste, medical waste, including where types do not know" a smear" blind mount a horse. Wang Qi expresses, relative to water and air pollution control, solid waste treatment in China has not yet formed a mature technology system.
Central province an environmental hall deputy hall to" Economic Information Daily" reporters, the province's centralized disposal center operations for a year, but exposed some of the problems: solid waste collection processing technology is still not mature, and each of the local finance operation into a large number of cost, lead to harmless rate is not ideal, need to the country the relevant departments in the technology, capital increase give aid to strength.
One involved in the planning of the project completion and acceptance work of 20 experts to reporters:" I go seen several", even" operation permit for" no hair, the factory people don't even know how to run, some factory is in" undocumented operation"."
The source also citing says, a Shanghai medical waste incineration plant to spend about80000000 yuan to build, and formulating local regulations, requirements in medical waste shall be sent to the factory processing, finally because of technical problems not burn, do not say that toxic waste gas treatment, the entire factory finally can only be removed.
Zhai Qing said, to urge all accelerate the hazardous waste and medical waste disposal facilities, environmental protection department is investigating throughout progress. He emphasizes, no file required to complete the construction task place, this year will be significant in some special arrangements to cut, within the system and informed criticism, until the taking of interviews, regional restrictions and other measures.
Ministry of environmental protection website shows,2009, the Ministry of environmental protection issued by national development and Reform Commission Vice Director Mu Hong sign," called for the strengthening of national hazardous waste and medical waste disposal facilities construction plan" project acceptance work. For engineering, technical and quality problems and operation effect of pollution control can not meet the design requirements, measures should be taken immediately, ordered deadline rectification. Is a major technical quality accidents shall be investigated according to law, the relevant units and the responsibility of the personnel concerned.
After a year, the Ministry of environmental protection issued notice requirement again, carry out the plan for the implementation of the work of supervision and inspection. The notice was displayed, planning the implementation of the above for more than 7 years, progress is relatively slow, the individual project has not yet started. The notification requirement, ensure before 2010issued central investment projects in the year8 by the end of all construction, the year 6before the end of the month issued central investment projects in the year in early October started construction,6 year later issued at the end of central investment projects in the investment plan issued3months to start construction. But Wang Qi says, even if the environmental protection department give repeated orders and injunctions, still has not started construction projects.
Zhai Qing said, the next step, the environmental protection department will also work with the national development and Reform Commission to carry out the planning of interim evaluation, according to the evaluation results, the planning revision, improvement of hazardous waste concentrated disposal facilities construction layout, focus on strengthening the rural area medical waste disposal facilities construction, dangerous.
China's first Internet television licences issued, upstream and downstream cooperation expand our industrial scale
Another reporter learned from authoritative sources, the preliminary design stage means that the feasibility of obtaining approval did not advance; early stage work means the expropriation of land, investment estimation, selection of process route and other work has been completed, or not doing enough solid. In addition, even after the two stage, but also after the budget examination and approval, construction, completion and acceptance with link, to complete the planning requirements.
" Economic reference Daily News" reporter learned most newly, the face of dangerous waste and medical waste related planning implementation in the individual regions lags years situation, the environmental protection department of the relevant person in charge decided to take interviews, regional EIA restriction measures.
As a response to the field of industrial hazardous waste and medical waste during the SARS period after the spawn, promulgated 2004the plan to put forward, strive to be in before the end of 2006, eliminating the hazardous waste, medical waste and radioactive waste pollution problems, the basic realization of the national hazardous waste, medical waste and radioactive waste storage and disposal. China Environmental Science Research Institute of Solid Waste Research Institute, Wang Qi tells a reporter 20 days, according to the original plan, to the end of 2006, each province to establish a hazardous waste disposal center, a total investment of over 10 billion; but as of today completion rates less than half, some local special funds did not spend.
Wang Qi explained that, at the time, some places in order from the central finance for the project construction funds, regardless of solid waste treatment technologies of short board, despite the high operating cost caused by local finance burden, even dangerous waste, medical waste, including where types do not know" a smear" blind mount a horse. Wang Qi expresses, relative to water and air pollution control, solid waste treatment in China has not yet formed a mature technology system.
Central province an environmental hall deputy hall to" Economic Information Daily" reporters, the province's centralized disposal center operations for a year, but exposed some of the problems: solid waste collection processing technology is still not mature, and each of the local finance operation into a large number of cost, lead to harmless rate is not ideal, need to the country the relevant departments in the technology, capital increase give aid to strength.
One involved in the planning of the project completion and acceptance work of 20 experts to reporters:" I go seen several", even" operation permit for" no hair, the factory people don't even know how to run, some factory is in" undocumented operation"."
The source also citing says, a Shanghai medical waste incineration plant to spend about80000000 yuan to build, and formulating local regulations, requirements in medical waste shall be sent to the factory processing, finally because of technical problems not burn, do not say that toxic waste gas treatment, the entire factory finally can only be removed.
Zhai Qing said, to urge all accelerate the hazardous waste and medical waste disposal facilities, environmental protection department is investigating throughout progress. He emphasizes, no file required to complete the construction task place, this year will be significant in some special arrangements to cut, within the system and informed criticism, until the taking of interviews, regional restrictions and other measures.
Ministry of environmental protection website shows,2009, the Ministry of environmental protection issued by national development and Reform Commission Vice Director Mu Hong sign," called for the strengthening of national hazardous waste and medical waste disposal facilities construction plan" project acceptance work. For engineering, technical and quality problems and operation effect of pollution control can not meet the design requirements, measures should be taken immediately, ordered deadline rectification. Is a major technical quality accidents shall be investigated according to law, the relevant units and the responsibility of the personnel concerned.
After a year, the Ministry of environmental protection issued notice requirement again, carry out the plan for the implementation of the work of supervision and inspection. The notice was displayed, planning the implementation of the above for more than 7 years, progress is relatively slow, the individual project has not yet started. The notification requirement, ensure before 2010issued central investment projects in the year8 by the end of all construction, the year 6before the end of the month issued central investment projects in the year in early October started construction,6 year later issued at the end of central investment projects in the investment plan issued3months to start construction. But Wang Qi says, even if the environmental protection department give repeated orders and injunctions, still has not started construction projects.
Zhai Qing said, the next step, the environmental protection department will also work with the national development and Reform Commission to carry out the planning of interim evaluation, according to the evaluation results, the planning revision, improvement of hazardous waste concentrated disposal facilities construction layout, focus on strengthening the rural area medical waste disposal facilities construction, dangerous.
China's first Internet television licences issued, upstream and downstream cooperation expand our industrial scale
Monday, April 23, 2012
Investments in e-commerce outsourcing service provider to be an excellent title
The 2011 investment and financing of China's e-commerce market research report released a few days ago. The report according to the 2011 total e-commerce market investment and financing in China for the first time more than 20 billion yuan. Regardless of the threshold is the number of investment events, investments, is the total amount of investment is also a record high, levels of capital markets activity is well over the years. 2011 disclosed China's e-commerce investment events a total of 95, an increase of over 50%.
2011 finance five feature report shows that last year financed mainly five features of e-commerce: one is the size of the Pan, financing sustainable enough. Case of investment and financing transactions in the first half, second half size in terms of company size also has different levels on the number is the amount of reduction. Jingdong Mall, Shanghai steel in the first half, where net is representative of a large e-commerce business financing success, causing unprecedented attention to the e-commerce market in the capital market. Second half of single high finance are more rare on the financed amount. To where the customer Eslite as the representative of a large e-commerce giants in November last year is only a 230 million dollar financing, Jingdong Mall compared to us $ 1 billion of financing in the first half, decline.
II investment and financing market is complex, wait-and-see mood worse. 2011 international complex environment as a whole: throughout the whole year the European debt crisis; domestic downside risks to the economy increase; a-shares fell, weakened finance function; small and medium enterprises tide of failure occurs, capital chain tension. E-commerce business most of the losses, and rendered into as many losses as possible much embarrassment. These bad outbreak in concentration in the second half, adding to a wait-and-see mood in the market for e-commerce in the capital market.
Third, VC value market share, frequent price war. 2011 competition between enterprises and further strengthened, many e-commerce on price, like dangdang, Jingdong Mall, suning, GOME, Fanke etc. Price war to gain more market share to attract investor attention, this kind of "marketing-for-loss" approach to risk the seeds of greater losses.
Four are tightening financial chain, listed intentions strong abroad. New e-commerce represented by group enterprises through financing, money, finance, headhunting, jumped, and then cut again after all the turmoil of operating from its heyday to nose dive, represented has to handle huge losses net of enterprises to sustain. Successfully listed and group-originator of Groupon, ignited hopes of buying companies with foreign listings to survive, created to handle network, represented by small pit group enterprise queue listing.
Five B2C valuations rise too rapidly, investment bubbles. 2011 B2C businesses access financing accounted for a full e-commerce 75% per cent of total financing. Several large financing in B2C business, such as a $ 1 billion financing of Jingdong Mall, Amoy NET 200 million Yuan financing, show nets $ 100 million financing of $ 230 million in financing, where the customer Eslite, all concentrated in the areas of B2C.
Financing markets this year promising e-commerce this year five will appear in the field of investment and financing trends: trends, has the potential for new electricity commodity capital of all ages. As a wave of investment poured into a wave of e-commerce, coupled with the large business category operating mode of propulsion, brand ushered in the development of new opportunities, increasing attention and favor by investors. In 2011, and many VC investment at the base of Taobao network brand, such as wheat bags have secondary financing, Ou Lainuo, times and attention, Hernan Crespo and simple fashion, Korean yishe have access to finance. Although most of the merchandise is a round of financing, but with the capital mining depth for excellent products enterprise, some companies will have access to capital investment for the second time.
Trend II, e-commerce outsourcing service provider to be an excellent investment. Based on the monitoring data of China's e-Commerce Research Center showed that number of e-commerce outsourcing service providers access to finance, such as product technology, Zun Bao, 1858 networks. In this regard, China e-Commerce Research Center Assistant analyst Zhou Xiang is expected, this part of peripheral businesses will have greater room for growth, participants in diverse and complex e-commerce market, a sharp market competition will have to be a professional team providing services. Business outsourcing services companies, this is an opportunity, at the same time, capital, also contains the new nuggets.
Trend III, "light" storage mode of enterprise merger and acquisition activity will be increased. Some large Internet companies such as Gala, Tencent in China, Sohu, Sina, and so do not form their own line of business, face the coming of age of Internet commerce, and large Internet companies need layout market. But some of the warehouse facing the e-commerce business on the one hand the extrusion of large enterprises, on the other hand requires a commitment of funds of large, to this end, subdivision layout aspects of a business, some light storage modes such as travel, air tickets, insurance and other enterprises, will become one of the main objectives of its investments or acquisitions.
Trends IV, social e-commerce will continue to attract capital involvement. As the Face-book, a number of social networking sites since the high valuations, concerns social e-commerce get more and more capital. Social networks as media attributes of the show, has become the main circulation flow channels. At present, the established shops on e-business through social networking sites, user can shop directly on the social networking site. Social networks are expected to become one of the main channels of the future shopping.
Five trends, mobile e-commerce enterprises are now investing in gold. Mobile Commerce mobile e-commerce enterprises the capital ahead of the layout direction, although long, China Mobile, the industry generally believe that there is a difference between Internet and the Internet, the development road of exploring the features you want. However, the commercial nature of the Internet and mobile Internet in China there is a similarity, this similarity makes "two Web" traces the development path to follow. To do this, presumably, after entertainment investment boom, the next wave of mobile Internet investment will focus on areas of business.
China crisis in manufacturing source: blend in with the overall economic
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