Geely Automobile, Shanghai Auto Show in this debut of the “small Rolls-Royce” - Shanghai England GE cars become the focus of a major auto show.

Post reporters yesterday the company was informed that from the Rolls-Royce Motor Cars, Rolls-Royce is currently considering whether or not the car with the Rolls-Royce “Phantom” and similar legal action. Geely Automobile and the relevant responsible person said, GE cars did not copy someone else’s car, but China’s top vehicles in accordance with the development of the concept of being built, and for the current argument, in auspicious event will be immediately after the study will be Comparison of the various opinions on the car and then design innovation.

Geely: GE is not a exact replicate

“Beijing auto display next year you will absolutely glimpse a distinct model.” Yesterday, Geely Automotive News representative Wang Liang in the booth notified the Post reporter that Geely is furthermore in this display many of photographs dispatched, it is essential to the assembly to ballot, and then Geely will be conveyed out in agreement with the outlooks of the parties to improve. “We will be the increase of China, the large power of the likeness shown.” Wang notified reporters Ziliang, GE is auspicious to construct China’s peak vehicle in agreement with the notion of integration of some Western components in the development of automotive conceive, they are a affirmative development, other than somebody else’s vehicles and tearing down the turn around development, other than copy.

“Our front has its own things, for instance headlamps, straight-shaped waterfall grille, grille on the clouds, the constituents are Chinese sword.” Self-Liang Wang said that the motor compartment create is fully completed unconnected design.

Rolls-Royce: measures to be taken

Rolls-Royce head of China-related Post reporters yesterday that the Rolls-Royce is furthermore a privilege to be imitated, because persons habitually desire things to discover, but will defend their own Rolls-Royce trademark. However, what the next move, Rolls-Royce is still under concern, can not be made to any conclusions. Rolls-Royce declaration is wholeheartedly not engaged in the conceive of Geely.

“Rolls-Royce is a sole create and facade is just a approach, is not valued, it is valued how to open the road.” Rolls-Royce Director of Sales and Marketing Ge Rui accept auto present in Shanghai Morning Post In an exclusive interview that the Rolls-Royce is not only innovative create, it is handmade as well as the unquestionable chief in create and outstanding worth, which is why Rolls-Royce Motor Cars in 2008 can still be realised worldwide sales of 1212, an advance of 20% of the reasons.

GE is the English label Geely Geely Excellence, belonging to the “Shanghai of England” sub-brand, is first inauspicious flagship luxury motor vehicle, its front boundary and the first face of an angel with the bright Rolls-Royce “Phantom” very similar. In the inside environs, GE Rolls-Royce in addition has a comparable shade of color to the top cover of the Star, exclusive LCD behind, animal skin wares inside, for instance velvet carpet. The most sole aspect is its unconnected behind only a luxury animal skin wares stools, the plane views like the massage armchairs in first class, and throughout the handrail on the controlled audio-visual apparatus to manipulate the motor vehicle keys. WANG Zi-liang advised reporters yesterday, there is no arrange to change the single-seater. Dynamic, GE employed a 3.5-liter V6 motor is equipped with 7-speed dual-clutch automated transmission.

Geely person in accuse Li Shufu said as long as the auto present in Shanghai, I expect the charge of the motor vehicle to arrive at one million yuan. However, Wang advised reporters Ziliang substantiated that GE has not yet a agenda for size production.

A few days ago, the international European Commission announced on Chinese-made seamless pipe provisional anti-dumping duties imposed. China’s Ministry of Commerce Bureau of Fair Trading issued a statement a few days ago and who pointed out that the recently concluded G-20 summit in London once again reiterated its opposition to trade protectionism and restraint in the use of trade remedy measures. From European countries can be seen on the move, with its own very strong trade protectionism. The current financial crisis has disrupted the free international market mechanism, in which European countries does not speak, but their heart is still in the steel industry to seek a way out.

Citibank expects the program to stimulate the global economy in nearly six billion U.S. dollars in relation to infrastructure investment, the direct demand for steel is approximately 1.2 billion tons. However, Citigroup believes that the steel mills, the Government must make up for the stimulus program to reduce the magnitude of private investment in order to think that industry growth, particularly infrastructure projects China is ambitious, but will reduce foreign direct investment. Foreign direct investment to China in 2006 and in 2007 China’s GDP accounted for 5.7% and 6%.

In detail, China last year’s financial incentive bundle to support iron alloy demand is the only factor. Stimulation of this year’s program to decrease the ratio of buying into in infrastructure, while expanding wellbeing care, learning and low-end lodgings provide, it is approximated that the annual demand for iron alloy will decrease 6.8 million tons. Lyon, France, said that the alterations in the general demand for iron alloy has little impact. However, Lyon, analysts accept as factual that the latest rebound in iron alloy supplies do not have continuity, investors should depart a profit.

Major foreign iron alloy associations rendering

It is appreciated that the United States and South America, Europe, the Organization of the eight metal and iron alloy on April 14 handed out a junction declaration that China’s “iron and iron alloy commerce development policy” and other actions of the Government is undermining and altering the international iron alloy market, China should put an end to the metal and iron alloy commerce grants and other unjust actions of comparable advantage.

Published April 14 at the American Iron and Steel Institute (AISI) website said the connection assertion, China’s hard metal development should be supported on the belief of the justice of the market as an alternative government intervention. The assertion that they trusted the Chinese Ministry of Public Works to alter the “iron and hard metal development development policy” to look for the scenery of the reply notice. In the assertion, the Chinese Government put frontwards six recommendations. These include: the suspension of the steel and hard metal goods produced in China to give extra funds to the hard metal vegetation to finish running the manipulate and guidance, the abolition of boundaries on trade overseas of raw elements, China should finish manipulating its currency boundaries and other series.

It is intriguing that in the junction declaration handed out just one day after the U.S. Department of the Treasury on time April 15 to submit to the Congress semi-annual report of foremost swapping partners, the exchange rate, the Obama Government accepts as factual that the United States, encompassing China, foremost swapping partners , there is no manipulation of the exchange rate to gain an unjust comparable advantage. U.S. Treasury Secretary Timothy Geithner said in a declaration sharp out that China has taken steps to reinforce the exchange rate flexibility. American Iron and Steel Institute and the United States Government does not appear to any face, its said in a declaration on the 15th of Obama in the semi-annual report the Government determined to manipulate the exchange rate in China as the homeland is not very let down, and that Congress should swiftly overtake (Austria Bama should be in support of the Government) on the exchange rate to manipulate the topic of trade remedy laws.

It is understood that this joint statement issued by eight of the iron and steel are the American Iron and Steel Institute, the Canadian Association of iron and steel production (CSPA), steel imports Committee (CPTI), the European Union Iron and Steel Industry (EUROFER), the Latin American Iron and Steel Institute (ILAFA), Mexico Association of iron and steel production (CANACERO), special steel industry associations in North America (SSINA) and the American Iron and Steel Manufacturers Association (SMA).

Buyer’s market has been formed

According to China Steel Association facts and numbers display that community by the end of March expanded 17.65 per hundred stocks. Morgan Stanley accepts as factual that as the world’s biggest steel-consuming nations - China’s metal and iron alloy supplies come to a record high, the market has currently started going in the main heading of over-supply. Its anticipated international iron alloy demand this year will be decreased by 11%, while China’s demand will drop 5.5%. At the identical time, the outcome of hold ups in metal ore discussions, the Baltic Dry Freight Index proceeded to drop, in order that iron alloy charges have proceeded to down turn in space, all iron alloy pressure.

Iron ore charge dialogues this year, forcing its feet. A small number days in the past the world’s second greatest steel ore makers Rio Tinto for now out of the recommended 20 out of 100 charge lessening, but the China Iron and Steel Association articulated resistance to, that this decline is too small, and called for the bond charge in harmony with the last year of 60% for pre-paid, to be bond arrived at after a tiny number of back up. FMG Group Executive Director said, FMG Group yardstick steel ore costs this year will decline 30 out of 100, which is the second maker of steel ore steel ore costs will decline position.

Trade hurdles commanded to the serious trade overseas circumstances

Market prospects, steel ore dialogues in Q2 is looked frontwards to to draw close to an end, will not be forced off by June. Goldman Sachs analyst envisaged that the long-term costs should be down into four. The Mainland in March a total of 51 million tons of steel ore deals, while deals arrived at record highs over the earlier year’s 35.68 million tons over the matching interval advanced by 43% due to the prevailing site charge is only last year, 40% of bond charge, hard metal costs may be re-signed Before the new bond to advance the currency inventory.

Since September last year by the international financial crisis, the international market shrinking demand for steel, China steel exports fell sharply. China’s steel products to enhance the export competitiveness of the mainland from December 1 last year, since the abolition of export tariffs on some steel products, on January 1 this year, also removes the steel export license management system, April 1 increase in some high value-added products for export tax rebates rate to 13%.

Remains in the doldrums as a result of demand and factors such as trade protectionism, China’s steel export situation is grim. China in January to February the export 3.47 million tons of steel. Further in February to which 1,562,000 tons, down 18.1 percent, a record since the November 2005 China’s steel export volume monthly low. The average price of exports in November last year 1324 U.S. dollars per tonne, and gradually fell back to February of this year 1129 U.S. dollars per ton, decreased by 14.7% cumulative.

China’s largest oil company in Shaanxi Province where the extension of the oil (Group) Co., Ltd. (hereinafter referred to as “the extension of the oil”), will hand in the oil group to build a scale of one million tons of ethylene plant with a total investment of 23 billion yuan is expected to be.

A prolonged time, to carry on the mining and refining of oil in the paddock is “one-man operations.” In today’s oil prices smaller, its apex oil demonstration time span is through the circumstances with China National Petroleum Corporation will jointly generate higher the oil to carry on the short-board, and its track down for novel profit growth point.

Development and Reform Commission has reported

According to reporter had an exclusive comprehending of the new vegetation will be established in Yan’an City, Shaanxi Province. Shaanxi Provincial Government and China National Petroleum Corporation has marked a prescribed collaboration affirmation, the two edges have together submitted to the National Development and Reform Commission accepted the task submission articles, and perform pre-feasibility study reports.

However, the ratio of the couple sides of the business, co-operation stays unclear.

Yan’an City, the Office of Development and Reform Commission, a individual to the CBN, notified reporters: “The task in ascribe of the province, the district will be resolved in New Chemical Yang Shu.” According to public data on the chemical zone will be one million tons of ethylene as a foremost, the building of nine downstream chemical projects.

In supplement to Sinopec, PetroChina and CNOOC these three centered grade, the elongation of the oil is the only business with oil and gas investigation and development of localized oil businesses trained under the Shaanxi Provincial People’s Government. 2008, accomplished sales of 62.2 billion yuan, earnings 10 billion yuan, 78,000 persons are employed.

The elongation of oil in 1998 and has undergone two rounds of the 2005 reorganization of its centre assets are under the expanded assembly Oilfield Company Limited (hereinafter mentioned to as “oil share”). It has been an significant localized Shaanxi large taxpayer. In 2007, the oil area stake 1.92 billion yuan tax.

Oil portions furthermore organised to continue the oil area has been the centered rate of the acquisition objectives. A source close to the largest grade in the oil assembly notified CBN Reporter: Many years before, China National Petroleum Corporation wants to win oil area assets, but a firm stand in Shaanxi Province, so incapable to do so.

“This cooperation extended to open up the downstream oil business will benefit.” Yi Trade Advisory Network analyst, said Liu Chuan-jun.

Extension of the excavation locality there are a century years of excavation history. A Sinopec’s administration is to blame for investigation and development notified reporters that such a life of oil output can no longer very easy to slash is inevitable. In supplement, it pertains in the Ordos Basin, has been in the oil田长庆Spodiopogon oilfield, oil area it is unrealistic to continue the large-scale expansion outward.

To make up for short-board

Mining is one of the difficulties there are difficulties, reduced oil charges on business earnings of crude oil output has furthermore conveyed challenges.

The company has disclosed, according to the reorganization of the local agreement was to extend the exploitation of oil per 1 ton of crude oil to about 550 local payment.

Yesterday, the domestic selling price of crude oil is about 47 U.S. dollars / barrel (about 2240 yuan / ton) to the price, 550 yuan / ton to extend the oil accounted for about one-quarter of oil revenue. Thus the lower oil prices, the revenues of the extension of the greater pressure.

Moreover, there is no extension of the oil filling stations, its subsidiary refinery production of refined oil through the oil group to sell two a year to sell the finished products from fuel oil in about 1.1 million tons.

The function of these components, the elongation of the procedure of the oil will face large-scale trials, and need to find new earnings development point.

General manager of the plot to extend the oil-yiu have said that in 2009 the extension of 300 billion yuan of oil, the oil exploration and development to be 10.4 billion, most of the remaining items will be placed on the chemical industry.

With the east and south China in different ethylene-intensive layout, Shaanxi, Shanxi and Gansu in Northwest China, with the exception of the Lanzhou Petrochemical Petroleum have 600,000 tons / year ethylene plant, there is no one million tons of large-scale ethylene plant.

Whether or not the right time for ethylene demonstration, the industry also has dissimilar points of view. China Petroleum and Chemical Industry Association, any person who said that our countryside may not be too much of the ethylene endeavour sanctioned, the endeavour has been round object a lot of projects. And the Middle East also organised exercise of its low-cost demonstration expenditures to enhance ethylene demonstration, the global face of excess ethylene.

In early March, the West Lake in the jump to glimpse a body there are several “EV” Thailand Focus 2008 logo, a new permit plate suspending out, long-standing rumors of untainted electric driven vehicles Thai persons, numerous of China’s electric driven vehicles , the first vehicle to get a license.

As early as November 10, 2008 message issued by the Department of Public Notice No. 179, Chung-tai on the wholesome electrical commuter vehicles has been made in the certificate, is in addition the first nation to receive an agent motor vehicle license.

In fact, Thailand is not only the public, including BYD, Chery, Universal and other manufacturers have introduced their own at the beginning of electric vehicles, a time many Chinese car prices, new energy in the global automotive landscape has become the fastest increase in the strength of forces .

Government Pushing Hands

April 10, “electric vehicles in 2009 China International Forum on Industrial Development” (hereinafter referred to as “Forum”) was held in Beijing, Vice Minister of Public Works letter MIAO YU said that the Public Works Department will step up the letter with the Ministry of Finance, Ministry of Science and Technology, the National Development and Reform Committee co-operation with other relevant departments in order to energy-saving and new energy vehicle model application as an opportunity to accelerate the process of industrialization of electric vehicles.

Almost at the same time, Ministry of Science and Technology Minister Wan Gang said in a speech, as in 2012, there will be 10% of domestic new car production is energy-saving and new energy vehicle. The current annual production capacity of the domestic automobile 10,000,000 dollars for one million.

One is the former chairman of Dongfeng Motor, a former president of Tongji University Automotive Institute, resources from the government, the appointment of two administration officials, the central government has been reflected in the importance of new energy automobiles.

To move into the “Tenth Five-Year Plan”, the Ministry of Science and Technology on the implementation of a 863 arrange to start collecting vitality with the new greatest systematic and technological extraordinary car. This extraordinary gain, embracing SAIC, Dongfeng, FAW, embracing the three greatest gatherings, the venture in addition set up Changan, Chery, Geely and other unconnected brands.

In 2008, the Ministry of Science and Technology in the Department of Public Works note, furthermore commenced the “1000 Ten City” program, 10 towns in the built-up public transport scheme, the first coach procurement of new power sources.

January 23, 2009, the Ministry of Finance and Ministry of Science and Technology jointly issued the “energy-saving and new energy vehicle demonstration funds to promote financial assistance Interim Measures for the Administration.” A clear focus on the central finance pilot cities for the purchase of hybrid, electric and fuel cell vehicles and other energy-saving and new energy vehicle to give a one-time grant fixed.

In the above-mentioned guideline, the assorted vendors into a hurricane swift, not only for their own wares cards position to analyze and, more meaningfully, the countrywide guideline support, advance support, the right remarks can be more.

Including public street electric driven vehicles, for example Thai sequence of events that assessed the principle of the going by car force, as echoed in the operational grade to the specific. “Electric vehicles to the genuine market sales, furthermore need to conceive protected, befitting and dependable use of the natural environment, it should depend on the support of nationwide policy.” MIAO YU, said at the forum.

“China Team”

Chery Automobile in March this year commenced a untainted electric driven vehicles S18, this vehicle did not broadcast the cost of the market, but the “1 million will be electric driven vehicle to proceed home,” the press conjecture has granted way to instant good status S18. “We wish in the future of government procurement, to relish a larger share.” Assistant leader of Chery Automobile, notified reporters.

The future of the homeland as a outcome of new power vehicles will be on Government Procurement of the grants booted off vehicle, town coach, rental, service, sanitation and postal and other public services to encourage the use of the first energy-saving and new power vehicles, thus, not tough to realise the numerous manufacturers in the principle next jump, have the initiative’s momentum.

Chery Automobile introduced this year the most expensive hybrid Chery A5BSG, for A5 hybrid version, sold at 74,800 yuan, compared with the A5 the difference between 20,000 yuan price, and the first taxi in the Wuhu procurement. Echoed this, in mid-December last year, BYD’s first mass production hybrid F3 DM, low-cost 149,800 yuan to reach the market, higher than the price of petrol version of 50,000 yuan, but also focus on Government Procurement .

Three groups of new energy vehicles are also frequently hand, new energy, “China Team” has been set up. Whether SAIC, Chery, Geely, Changan, Lifan, hippocampus and other “local team”, or the public abroad, Honda, Nissan, General Motors, Toyota, Citroen and other “foreign aid”, have launched hybrid, pure plans for electric vehicles.

However, compared to the situation of manufacturers of letting a hundred flowers bloom, the real mass-market hybrid car manufacturers, but only Shanghai GM, FAW Toyota, Chery, BYD, and four manufacturers. Which, after two, but also the face of individual users can not only focus on government procurement.

Tsinghua University, and Control of Atmospheric Pollution Phillipson, controller of the Institute in an interview with reporters, said the present development of new power vehicles conveyed anxiety about the pattern. “Now many of environmentally amicable vehicles are still in the conceptual stage. These so-called environmentally-friendly vehicle to determination the localized small-scale contamination, but not in the long run, in the long run is not a best way, the factual should be advised environmentally-friendly vehicle output method, method should furthermore be advised abandoned. ”

The product is environmentally friendly, for the continued strong Chinese team of new energy automobiles is just one of the following problems. “The next 10 years the global annual output of from 50 to 60 million vehicles, the traditional internal combustion engine vehicle will also be dominated. Therefore, the global automotive industry through the winter, down-to-earth to enhance the overall technical level of the traditional car is still out move to the pragmatic difficulties. “Analysts said the automotive industry.

The three new vitality Hom

Prospects for new energy vehicles are described as various manufacturers generally better, remains to be seen. And on the facilities the most difficult problems, many manufacturers still continue to put through to “gamble” all over the central and the rapid introduction of the policy.

First of all, the new vitality vehicle will endure the hurt of the cost, as the technical knowledge is still owned by to high-cost R & D point in time, in actual wholesome electrical vehicles and hydrogen fuel cell vehicle, the manufacturers have no expect at the cost of goods produced plunged to 100,000 in goods produced and selling of the scale, the new vitality cost of motor vehicles much better than the conventional motor vehicle was close to doubled.

In addition, new energy sources, vehicle maintenance, service and other measures of input costs, although the country has a policy of grant funds, is still living beyond their means. “We do not count on state aid to help the development of an industry or enterprise in which the dominant.” Yin, chairman of Chery Automobile said with the jump.

As the in the household automotive market turning into more competent, yield are thinned, on this foundation, the expansion of goods produced scale, enhance service stages, advancing R & D efforts, wealth is everywhere. Therefore, the in the household costs of more vehicles into the new vitality method, it is needed to avert “window-shattering” situation.

In supplement, the expertise itself, the use of certain sophisticated expertise, will make waste. Volkswagen of Germany as an demonstration, in the new locality of power, has been founded on accepted diesel, petrol motor expertise improvement, took three years to apply “powertrain strategy,” has started harvesting the outcomes of the domestic. As of 2010, the annual yield of more than one million goods in general to decrease the general fuel utilisation and emissions by 20%.

In show up, in the household, in augmentation to Geely, Brilliance, Chery and a tiny number of own brand labels are still the conventional motor of practical research, the enormous bulk of enterprises in new vitality technical knowledge development, has distilled on hybrid and electrical paddock of.

As a practical procedure, hybrid and electrical assembly only in the elements procedure, storage battery, etc., there are more troubles yet to be resolved. “In the case of electrical gathering, embracing synergies, for the set free organisation and subjects for instance storage battery life, are not overcome.” Tongji University Automotive College Professor Guohui Chang advised reporters that many of practical particulars have effected in costs of domestic-made vehicles like motor vehicles without difficulty , size goods produced motor vehicle arduous situation.

Li Shufu, head individual of Geely Automobile and furthermore notified reporters: “Do not just desire an electric driven car. Whether it is methanol, ethanol, or natural gas, oil, diesel oil, as long as the use of less, what will do. The living interior combustion motor is 35% waste of power , first interior combustion motor expertise to enhance living, do not waste power, which is the most realistic.

With the Annual Report of China Air show, the three aircraft was exposed to the Economic Information Daily in public view, China Southern Airlines lost 4.829 billion yuan, 13.928 billion yuan loss of Eastern Airlines, Air China lost 9.149 billion yuan, the total loss of three aircraft 27.906 billion yuan, which General Administration of Civil Aviation of China is the highest in the history of the three aircraft loss records. According to IATA statistics, in 2008 the global airline industry loss of 8.5 billion U.S. dollars, which means that the total losses of China’s three major aviation aircraft account for the global rate of 48.1% of total losses.

However, very careful investigation of the annual report is not tough to find three airplane, three airplane in 2008 involved in a “one-loss enough” of supposes, in supplement to all the Oil futures deficiency into the decrease of ride high, but furthermore have a large provision for impairment . With the heating of the first quarter of municipal aviation market, which for the three airplane recovery presentation in 2009 has prepared a good foundation.

Provision for impairment of 4.354 billion yuan

Oil guesswork due to hedging bonds has commanded to China Eastern and Air China tolerated a immense balancing forfeit of unbiased worth, which Eastern Airlines fuel hedging deficits took position in 2007 an advance of over 6.353 billion yuan, accounting for 46 out of 100 of the total loss. Air China’s modifications in unbiased worth forfeit of 7.707 billion yuan, accounting for 84.24% of the total loss.

Oil futures because of conjecture in the lead after the decrease of three airplane proceed a long way, “a shortfall enough,” the suspect. China Southern in 2008 increased a total of 2.073 billion yuan impairment, the allowance of provision in 2008 accounted for China Southern’s 43% loss; Donghang report displays that assets impairment deficiency amounted to 2.022 billion yuan, an boost of 800 percent; Air assets in China impairment decrease of 2.59 billion the preceding year but less than the impairment provision. Total impairment of the three airplane 4.354 billion yuan, accounting for 15.6% loss.

In addition, Air China lost in the investment 1.152 billion yuan, mainly due to associated companies - Cathay Pacific Airways to confirm a loss of 1.188 billion yuan of investment losses. This means that Air China’s main business in 2008 the basic break-even.

If we take away the impairment and the CAO collections of balancing capital deficits, the forfeit of three aeroplane was 9.486 billion yuan more than the development had looked frontwards to better.

Greatly lessened the recital of insist this year

Provision for impairment of large and warmer as long as the first quarter written knowledge liberated in order that a ray of expect for the industry. Air China yesterday’s statement presentations that the first quarter of this year, Air China is not only the windup of spinning, but in addition a yield of 980 million yuan, 0.08 yuan minimal returns per share.

First quarter of this year, Air China to achieve operating income of 11.24 billion yuan, up 11.8 percent decline; 980 million yuan net profit (excluding minority interests), earnings per share and net return on assets reached 0.08 yuan and 4.73 percent. Shenzhen Airlines official figures showed that one quarter of 160 million yuan profit and that the air transport industry have indications warmer.

The Civil Aviation Authority diagrams presented that the first quarter of the in the household civilised aviation transport development earnings expansion over the earlier year a total of 1.3 out of 100 over the matching interval, in the household commuter transport size of 1 to 3 months, respectively, over the matching interval last year an advance of 21.3%, 17%, 15.8%. 1 March this year, China’s civilised aviation development is looked frontwards to to realise profitability.

As the market rebound, as well as three large aircraft impairment preparation, the performance of airlines in 2009 has greatly reduced the pressure, if the second and third quarter to continue the current growth in 2009 is expected to turn around the three major routes.

Customs that from Lhasa, in March this year, Tibet’s deal and trade overseas worth of 22,946,000 U.S. dollars, up 30.8 out of 100 decline. 21,353,000 U.S. dollars, embracing trade overseas, plunged by 6% year-on-year; 1.593 million U.S. dollars of deals, up 84.7 out of 100 decline; month trade surplus of 19.76 million U.S. dollars.

Tibet’s foreign trade in March to highlight the characteristics of operation are: exports narrowed significantly year-on-year decline, the Central than the performance increase. The same period last year, the March, Tibet’s foreign trade export value fell by 6% drop in February this year and in January decreased by 11.6 and 5.2 percentage points. Working days at an average level of comparable diameter ring than the target calculation, total imports and exports in March, Central, 46.7% more than growth; of which 48% export growth, import growth of 60%. These indicators show that in Tibet in March began to shown signs of improvement in foreign trade.

Characteristics of products and labor-intensive products of export growth in varying degrees. March, Tibet has a strong competitive edge in the market characteristics of Tibet’s exports of products and labor-intensive good, which look the same period last year, 1.705 million U.S. dollars export of Cordyceps sinensis, an increase of 120.3%; cotton knitted or woven female trousers 909,000 U.S. dollars , knitted or woven cotton shirt female 479,000 U.S. dollars; plastic film or textile surface material for 347,000 U.S. dollars of the purse, an increase of 23.4%.

Policy of escalating in the household demand present the effect of the first, firm rebound in the worth of imports. In February this year, Tibet’s deal worth of 949,000 U.S. dollars, 74.67 out of 100 decrease. March deals of 1.593 million U.S. dollars, up 84.7 out of 100 descent, the Central than the 67.85 out of 100 growth. Among them, the deals of substance formation equipment moving 967,000 U.S. dollars; 60,000 U.S. dollars of deals of vegetable oil, an advance of 47.2%.

And Nepal, Hong Kong, the volume of trade between trading partners than the growth ring. In March this year, the trade between Tibet and Nepal, the gross value of 13,547,000 U.S. dollars, up 34.3 percent decline, the Central than the 45.5 percent growth; and Hong Kong’s trade value of 3,091,000 U.S. dollars, an increase of 289 percent, the Central than the 97.1 percent growth.

Customs that from Lhasa, in March this year, Tibet’s import and export value of 22,946,000 U.S. dollars, up 30.8 percent decline. 21,353,000 U.S. dollars, including exports, fell by 6% year-on-year; 1.593 million U.S. dollars of imports, up 84.7 percent decline; month trade surplus of 19.76 million U.S. dollars.

Tibet’s foreign trade in March to highlight the characteristics of operation are: exports narrowed significantly year-on-year decline, the Central than the performance increase. The same period last year, the March, Tibet’s foreign trade export value fell by 6% drop in February this year and in January decreased by 11.6 and 5.2 percentage points. Working days at an average level of comparable diameter ring than the target calculation, total imports and exports in March, Central, 46.7% more than growth; of which 48% export growth, import growth of 60%. These indicators show that in Tibet in March began to shown signs of improvement in foreign trade.

Characteristics of products and labor-intensive products of export growth in varying degrees. March, Tibet has a strong competitive edge in the market characteristics of Tibet’s exports of products and labor-intensive good, which look the same period last year, 1.705 million U.S. dollars export of Cordyceps sinensis, an increase of 120.3%; cotton knitted or woven female trousers 909,000 U.S. dollars , knitted or woven cotton shirt female 479,000 U.S. dollars; plastic film or textile surface material for 347,000 U.S. dollars of the purse, an increase of 23.4%.

Policy of escalating in the household demand present the effect of the first, firm rebound in the worth of imports. In February this year, Tibet’s deal worth of 949,000 U.S. dollars, 74.67 out of 100 decrease. March deals of 1.593 million U.S. dollars, up 84.7 out of 100 descent, the Central than the 67.85 out of 100 growth. Among them, the deals of substance formation equipment moving 967,000 U.S. dollars; 60,000 U.S. dollars of deals of vegetable oil, an advance of 47.2%.

And Nepal, Hong Kong, the size of trade between exchanging partners than the expansion ring. In March this year, the trade between Tibet and Nepal, the total worth of 13,547,000 U.S. dollars, up 34.3 out of 100 descent, the Central than the 45.5 out of 100 growth; and Hong Kong’s trade worth of 3,091,000 U.S. dollars, an advance of 289 out of 100, the Central than the 97.1 out of 100 growth.

April 20, 2009, at the possibility session of the 13th Shanghai International Auto Show, Volkswagen Group’s five main labels - Volkswagen, Audi, Skoda, Bentley, Lamborghini unveiled in full, an paddock of more than 6500 exhibitors square meters, is the utmost auto demonstrate exhibitors. Among them, the Volkswagen brand in the whole series of 26 models and the fresh motor vehicle mechanical supplies grand debut in Shanghai New International Expo Center Hall W2, in an paddock of 3,000 square meters of mostly white-blue color tone of the Volkswagen booth, to the audience faultless elucidation of the “road car, but the complete public,” the subject of the exhibition.

At the present Shanghai Auto Show, Volkswagen broadcast the PASSAT At the identical time, the new propel and a new golf from the first two forms, it displays that Volkswagen’s vigilance to the Chinese market and confidence. In supplement, through the establishment of exceptional mechanical brandish locality, close to the Chinese assembly had accumulated several energy-saving emission decrease Volkswagen premier technologies, “Blue-drive expertise sequence (BlueMotionTechnologies)”.

Volkswagen Dr. Wartin Winterkorn, head individual of the Group of high grade at the press seminar and said that the Chinese self-assurance in the development of the automobile commerce, will give full support to Volkswagen’s development in China.

Volkswagen Group (China), President and CEO DR.Winfried Vahland announced: “the first quarter of 2009, Volkswagen Group in China (including Hong Kong and Macau) Total new vehicle sales of 284,143, compared to the same period in 2008 with an increase of 6 %. The data allow us to maintain the development of this year’s “cautiously optimistic” attitude. and at the current Shanghai auto show, Volkswagen introduced to Chinese consumers the first two models in China - PASSAT new drive and a new collar golf, and demonstrated on behalf of Volkswagen’s most advanced energy-saving emission reduction technology, the “blue line-drive technology.” This is not only Volkswagen showed great strength, to spend more to enhance our confidence in the global economic downturn! ”

PASSAT new propel from Shanghai Volkswagen is furthermore a B-Class flagship forms, the conceive pursues a luxury PASSAT atmospheric breeze models. The conceive of the front through the front through the whole elongation of the level grille, more paste to the next influenza grille, powerful texture “flying wing” before the headlamps for Yu PASSAT freshly injected more passion and vigor dynamic elements. Tail conceive is refreshing, “Shuttle-style” body conceive with dual light LED assembly ring lights, the air will be high-class vehicles, expertise and conceive values of a reasonable and agreeable fusion. PASSAT freshly accomplished a more dynamic propel and fuel finances of two-way improvement - A vehicle equipped with the 1.8T motor as an demonstration, by the optimization motor to agree the new greatest power from 110 kilowatts to 120 kilowatts, to the matching greatest power of the 2.4L engine; and greatest torque of 210 beef cattle from up to 220 Nm Abulimiti. However, fuel finances has considerably advanced autopilot forms fuel 100 kilometers from the initial 7.3 liters to 6.2 liters fall, fall as much as 15%, manual form document 100 kilometers 7.1L fuel utilisation decreased from 6.3L, fall up to 11.3%. At the identical time, a riches of high-tech security and user-friendly configuration with constructed for the proprietors of a wireless “all-around” space.

Brand-new classic Volkswagen Golf Set design and innovation and technology all in one, is the FAW - Volkswagen presented to the Chinese consumers another classic car. As a Volkswagen, one of the most successful model, golf model since its inception in 1974, has gone through five generations of development, it is difficult to create a brilliant beyond; breakthrough in more than 2600 global sales of 10,000, is well received by consumers worldwide The best proof of love. The new Golf has inherited not only the design of the classic golf car design elements as well as a breakthrough innovation, a more compact form, more dynamic. Distinct personality profile, significantly widened the shoulder of the body, the ratio of the perfect lines, as well as the outline of a transparent crystal lamps, all embodied by the pursuit of Golf models and sophisticated classic. The auto show debut of the new Volkswagen Golf is equipped with an advanced direct-injection turbo-charged 1.4 TSI engine and dual-clutch DSG file 7 automatic transmission, with excellent dynamic performance, the driver is able to bring more driving pleasure.

Volkswagen booth in the display area of technology through various entities, components, and multimedia tools, to the audience, introduced the innovative Volkswagen “blue series of drive technology.” Volkswagen “blue-drive technology series” to Volkswagen technology is mature, the world’s leading and widely used technology-based powertrain (including TSI, TDI and DSG), a further combination of more advanced energy-saving, environmental protection technology, a significant reduce fuel consumption and carbon dioxide emissions, these technologies have been gradually applied to the model Volkswagen. Volkswagen booth also features two “blue-drive” model - Golf “Blue-refoulement” and Long Yat “blue-refoulement” concept car, the scene attracted many viewers watch stopped.

Volkswagen grand the auto show debut in Shanghai, on the one hand, seeks to demonstrate to the Chinese consumers as the industry leader in strength; on the other hand, the economic crisis in the background, to reaffirm its commitment to the Chinese automotive market, as well as firm confidence in China long-term commitment to the automotive market; it is released a few days ago, Volkswagen Group (China) “2018 strategy”, under the guidance of consumers to make the realization of China’s commitment to concrete action.

Chinese-made Airbus A320’s first plane tour investigate next month. It is now weigh reservoir and ground investigate in May will move into the airfield runway for high-speed investigating in May two weeks after the test.

First delivery of Sichuan Airlines

A small number days in the past, Airbus (Tianjin) Shang Lu, general director of assembly in an interview advised reporters that since September 28 last year, China-EU support Airbus (Tianjin) Company goods produced assembly, the first A320 aeroplane has now concluded the covering in paint of aeroplane and motor putting in, ongoing weigh reservoirs, ground investigating, entry to to the airfield runway in May to bear out high-speed investigating in May two weeks after the investigate that now is the critical stage of the pre-test. The first aeroplane is looked frontwards to by the end of June through the aviation leasing financial gathering Chiron deliverance Sichuan Airlines.

Airbus A320 sequence airplane assembly line in Tianjin is the first in Asia, the world’s first four citizen airplane assembly line, a foremost supplier of China and the Asian nations and districts round the airline.

Financial critical purpose did not act on the rank

Right now, the assembly vegetation with four large aeroplane with the paddock assembly, the amazing momentum.

Lu furthermore said that the first two airplane decorating has been accomplished, the clientele is Hainan Airlines; the first three customers are Shenzhen Airlines, 4, 5 purchasers is Eastern Airlines, each airplane in agreement with clientele desires personalized configuration. Although exposed to a international economic urgent position, but there is no cancellation of instructions for customers in China.

Production in line with European standards

The end of the year so far, Airbus assembly vegetation in Tianjin Airbus consigned 11 airplane to come to, six forms for the A320, A319 forms for the 5; assembly to come to a total of 19, and the residual eight forms all A320. To the end of 2011, four per month to come to an annual yield capability of 48.

The progress of the Tianjin factory set in accordance with the plan two years ago, very pleased with the Airbus side. “The quality of the Tianjin plant, process is fully consistent with the European standards,” Airbus (Tianjin), director of assembly operations, said Anyu side.

Wing vegetation put into procedure in October

Is being assembled that the output of Airbus airplane wings in the worldwide aviation commerce XAC Manufacturing (Tianjin) Company beside Airbus assembly vegetation will be put into procedure in October this year.

This will be the first site in China, production, testing, final assembly of Airbus aircraft parts, the wing will be first deputy delivered the first quarter of next year. Prior to this, Chinese companies for the production of Airbus parts companies need to Airbus’s European factories, processing and then tested for the assembly back to Tianjin.

Wing Lung Bank will be money-making this year, at the latest presentation of China Merchants Bank 2008 annual seminar, in order that the bank management.

2008, China Merchants Bank to a total of about 32 billion yuan to pay for 100% stake in Wing Lung Bank. By the enterprise surroundings, financial endeavour, for instance the consequence of impairment, Wing Lung Bank in 2008 a forfeit of 816 million yuan Hong Kong dollars. 53 out of 100 for premium acquisition formed part of the willingness of 10.18 billion yuan, China Merchants Bank 580 million yuan provision.

China Merchants Bank leader Ma Weihua said that the design in 2013 in the thriving culmination of strategic integration, making cross-border Yonglong with an benefit on the Hong Kong market in the world of integrated financial banks.

Vice head of China Merchants Bank, Wing Lung Bank, said Zhu Qi, self-confidence makes the Wing Lung Bank to profitability this year, the next three years to realise lucrative expansion in some pointers than the midpoint stage of the development in Hong Kong, China Merchants Bank commanded the next five years, the acquisition of Wing Lung Finance on worth for money.

Li Hao, vice head of China Merchants Bank, said the acquisition of Wing Lung Bank China Merchants Bank is a sub-acquisition, of which 47 out of 100 stake in the second part of the premium part of the acquisition of about 8.7 billion yuan in the capital retain can be counterbalance in full; and through the The first part of the acquisition of 53% stake in the premium part of the formation of the willingness impairment investigate, the end of last year in the provision of 580 million yuan. “The summation of two elements, 45% of all the willingness has been counterbalance, we have taken on more very protected evaluates, the stage of impairment provision is not low.” Li said.