[7.10 Infrastructure News] Local Bond issuance Blood Transfusion Infrastructure * "Broadband China" Strategy 5G-Shanghai Metals Market

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[7.10 Infrastructure News] Local Bond issuance Blood Transfusion Infrastructure * "Broadband China" Strategy 5G

Translation 10:02:17AM Jul 10, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

[examination and approval of major capital construction projects for blood transfusion of local bonds have been significantly accelerated] the issuance of local bonds has been speeded up, and continuous blood transfusions have been carried out for infrastructure construction. In the past two months, there has been a marked recovery in the examination and approval of capital construction projects and the amount of investment. According to the data, a total of 672 local bonds were issued in the first half of this year, with a issuance scale of 2.849133 trillion yuan. In the first five months, the size of local government bonds issued nationwide was 418 billion yuan, 364.2 billion yuan, 624.5 billion yuan, 226.7 billion yuan and 304.3 billion yuan, respectively. In June, the issuance rate of local bonds accelerated noticeably. A total of 183 local bonds were issued nationwide, with an issuance scale of 899.551 billion yuan, including 319.8 billion yuan for general bonds and 579.8 billion yuan for special bonds, with a monthly issuance reaching the highest level so far this year. "View detail

[some banks welcome "window guidance" to re-tighten financing channels for housing enterprises. "regulators have given" window guidance "to some banks with more real estate loans and faster growth, asking to control the amount of real estate loans, but the specific requirements for each bank are different." Mo Yichen (not his real name), a person related to a city in Shanghai, revealed a few days ago that the core idea of the above measures is to control the scale of real estate loans. Although it is not said that the relevant business is completely frozen, only a variety of guidance, the head office does not approve and so on, those banks whose housing mortgage loans are growing too fast may be affected.

[China is willing to share 5G development opportunities with the world] on July 8, 2019 local time, State Councilor and Foreign Minister Wang Yi met with Polish Foreign Minister Chaptovich in Warsaw and answered questions on the 5G question. Wang Yi pointed out that 5G is a symbol of the progress of human communication science and technology and a result of international cooperation. The development opportunities brought about by 5G should be shared by the world and should not be controlled by a monopoly. China is willing to encourage Chinese enterprises to share the innovative achievements in the 5G field with other countries, so as to jointly improve the level of the global telecommunications industry for the benefit of the people of more countries. We note that the Polish side has indicated that it will maintain a fair and open telecommunications market environment and will not adopt exclusive policies against specific countries or enterprises. We believe that this position is fair and reasonable, conforms to the trend of the development of the times, and is fully in line with the interests of Poland itself. China looks forward to more cooperation in innovative areas with Poland so as to inject new connotations into the comprehensive strategic partnership between the two countries.

[housing enterprises further differentiation in the first half of the year] so far, 17 listed housing enterprises have issued forecasts for the first half of 2019, the differentiation is more obvious. Many housing enterprises due to the lack of new project carry-over income losses, large housing enterprises by virtue of more housing projects, stable overall performance is good. From the housing companies that have released sales results in the first half of the year, the overall sales rate has slowed. Industry insiders said, considering that many housing companies in June sprint semi-annual report performance motivation is strong, it is expected that the July-August off-season sales data pressure is greater.

From the 2019 China Internet Conference held on the 9th, it was learned that the relevant departments are studying and formulating the strategy of "broadband China" in the new period, and the high-quality development policy measures of "Internet +" are also brewing. Among them, it will be an important direction to strengthen the deployment of 5G network, support the construction of new infrastructure such as artificial intelligence, promote the expansion of effective investment, and promote the digitization and intelligent transformation of primary, secondary and tertiary industries. In addition, network security will also become an important part of the high-quality development of "Internet +". The industry estimates that the industrial scale of network security is expected to exceed trillion yuan in the next few years, and industrial Internet fields such as energy, transportation, and manufacturing will become the focus of investment in the security industry.

 

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[7.10 Infrastructure News] Local Bond issuance Blood Transfusion Infrastructure * "Broadband China" Strategy 5G

Translation 10:02:17AM Jul 10, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

[examination and approval of major capital construction projects for blood transfusion of local bonds have been significantly accelerated] the issuance of local bonds has been speeded up, and continuous blood transfusions have been carried out for infrastructure construction. In the past two months, there has been a marked recovery in the examination and approval of capital construction projects and the amount of investment. According to the data, a total of 672 local bonds were issued in the first half of this year, with a issuance scale of 2.849133 trillion yuan. In the first five months, the size of local government bonds issued nationwide was 418 billion yuan, 364.2 billion yuan, 624.5 billion yuan, 226.7 billion yuan and 304.3 billion yuan, respectively. In June, the issuance rate of local bonds accelerated noticeably. A total of 183 local bonds were issued nationwide, with an issuance scale of 899.551 billion yuan, including 319.8 billion yuan for general bonds and 579.8 billion yuan for special bonds, with a monthly issuance reaching the highest level so far this year. "View detail

[some banks welcome "window guidance" to re-tighten financing channels for housing enterprises. "regulators have given" window guidance "to some banks with more real estate loans and faster growth, asking to control the amount of real estate loans, but the specific requirements for each bank are different." Mo Yichen (not his real name), a person related to a city in Shanghai, revealed a few days ago that the core idea of the above measures is to control the scale of real estate loans. Although it is not said that the relevant business is completely frozen, only a variety of guidance, the head office does not approve and so on, those banks whose housing mortgage loans are growing too fast may be affected.

[China is willing to share 5G development opportunities with the world] on July 8, 2019 local time, State Councilor and Foreign Minister Wang Yi met with Polish Foreign Minister Chaptovich in Warsaw and answered questions on the 5G question. Wang Yi pointed out that 5G is a symbol of the progress of human communication science and technology and a result of international cooperation. The development opportunities brought about by 5G should be shared by the world and should not be controlled by a monopoly. China is willing to encourage Chinese enterprises to share the innovative achievements in the 5G field with other countries, so as to jointly improve the level of the global telecommunications industry for the benefit of the people of more countries. We note that the Polish side has indicated that it will maintain a fair and open telecommunications market environment and will not adopt exclusive policies against specific countries or enterprises. We believe that this position is fair and reasonable, conforms to the trend of the development of the times, and is fully in line with the interests of Poland itself. China looks forward to more cooperation in innovative areas with Poland so as to inject new connotations into the comprehensive strategic partnership between the two countries.

[housing enterprises further differentiation in the first half of the year] so far, 17 listed housing enterprises have issued forecasts for the first half of 2019, the differentiation is more obvious. Many housing enterprises due to the lack of new project carry-over income losses, large housing enterprises by virtue of more housing projects, stable overall performance is good. From the housing companies that have released sales results in the first half of the year, the overall sales rate has slowed. Industry insiders said, considering that many housing companies in June sprint semi-annual report performance motivation is strong, it is expected that the July-August off-season sales data pressure is greater.

From the 2019 China Internet Conference held on the 9th, it was learned that the relevant departments are studying and formulating the strategy of "broadband China" in the new period, and the high-quality development policy measures of "Internet +" are also brewing. Among them, it will be an important direction to strengthen the deployment of 5G network, support the construction of new infrastructure such as artificial intelligence, promote the expansion of effective investment, and promote the digitization and intelligent transformation of primary, secondary and tertiary industries. In addition, network security will also become an important part of the high-quality development of "Internet +". The industry estimates that the industrial scale of network security is expected to exceed trillion yuan in the next few years, and industrial Internet fields such as energy, transportation, and manufacturing will become the focus of investment in the security industry.

 

"Click to enter the registration page

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business