[SMM afternoon News] China has become Germany's largest source of imports for four years in a row * Chile has approved mining projects to hit a 5-year high

Published: Mar 22, 2019 11:53

Metal news

[China has become Germany's largest source of imports for four consecutive years] according to data released by the German Federal Bureau of Statistics on the 21st, the total amount of German imports from China in 2018 was about 106.2 billion euros (1 euro, or about 1.1353 US dollars). China has become Germany's largest source of imports for four years in a row.

[latest Progress in tax reduction by the Prime Minister: it is expected that the VAT tax reduction alone will exceed 850 billion] in order to promote the substantive VAT tax reduction, following the executive meeting of the State Council on March 20, the supporting measures for VAT tax reduction were confirmed on the afternoon of March 21. Premier Li Keqiang visited the Ministry of Finance and the State Administration of Taxation to conduct in-depth research on the latest progress in tax cuts on a larger scale, so as to cheer up the two departments. Zhang Yiqun, vice chairman of the China Special Committee on Budget performance, said that tax cuts this year are unprecedented, with value-added tax cuts expected to exceed 850 billion yuan alone. "View detail

Terminal news

[Jianruineng subsidiary will reduce the price and auction estimated loss of more than 100 million yuan] the company was informed on the same day that the company announced on the evening of March 20 that the company would lose more than 100 million yuan in the auction. Xi'an Intermediate people's Court in relation to Bank of Beijing Co., Ltd. Xi'an Branch (hereinafter referred to as "Bank of Beijing Xi'an Branch") and Jian Ruiweneng, Xi'an Jintai Safety Fire Technology Co., Ltd., Beijing Jianrui Hengan Fire Protection Technology Co., Ltd., Shenzhen Waterma Battery Co., Ltd., Li Yao, Guo Hongbao loan contract dispute, An auction announcement was issued on Alibaba's judicial auction platform, which will open a 100 per cent stake in Daming Technology Co., Ltd., a wholly owned subsidiary of the auction company. "View detail

[benefit from lithium battery diaphragm capacity release Enjie shares first quarter net profit is expected to increase sevenfold] on March 20, Enjie shares released the first quarter of 2019 results forecast, The company expects to achieve "explosive" growth in the first quarter of this year: the net profit attributable to the shareholders of the listed company is 200000 yuan to 213 million yuan, and the company's performance in the first quarter of 2019 increased by 729% to 77.9% compared with the same period last year. Non-net profit was 171 million to 182 million yuan, up 695 per cent from a year earlier to 745 per cent. "detail View

Marriage is just around the corner? Peugeot Citroen may buy Fiat Chrysler] according to foreign media reports, the bell of the Fiat-Chrysler merger seems to be ringing, and Peugeot Citroen Group (Groupe PSA) has shown great interest in this. The resulting optimism in the stock market pushed the two stocks sharply higher on the 19th. "View detail

Related news

The major shareholder and actual controller of the enterprise involved in the Yancheng explosion in Jiangsu Province was taken away for investigation. It was learned from the relevant departments of Zhouzhuang Town of Jiangyin City that Ni Chengliang, the major shareholder and actual controller of Tianjiayi Chemical Industry, was taken away for investigation. "he is now under control. This morning, in Jiangyin was controlled, there is such a big thing, to be investigated. " People concerned told reporters.

[5 years Investment 170 billion Yuan Southern Power Grid Guangdong-Hong Kong-Macau Greater Bay Area Plan] on March 18, "key measures of Southern Power Grid Company on serving Guangdong-Hong Kong-Macau Greater Bay Area Development" (hereinafter referred to as "key measures") were officially released. These 26 key measures closely revolve around the development of Guangdong-Hong Kong-Macau Greater Bay Area and propose that China Southern Power Grid Co., Ltd. (hereinafter referred to as "Southern Power Grid") will invest more than 170 billion yuan in the Pearl River Delta power grid from 2018 to 2022. By 2022, a safe, reliable, green and efficient smart grid will be basically built. "View detail

[Hubei Xianning Coal production Enterprises have all been closed] on March 18, several law enforcement officers were pouring concrete into three mines to close the mine at Hengshi Coal Industry Co., Ltd., Jiugongshan Town, Tongshan County, Xianning City, Hubei Province. The closure of Hengshi mine means that the overall closure and withdrawal of Xianning coal mine has been completed, and the whole coal mine closure and withdrawal goal has been completed in Hubei province.

[national Energy Administration: electricity consumption increased by 4.5 percent year on year in the first two months] recently, the National Energy Administration released data showing that from January to February, the electricity consumption of the whole society totaled 1.1063 trillion kilowatt hours, an increase of 4.5 percent over the same period last year. It was 8.8 percentage points lower than the same period last year. Among them, in February, the electricity consumption of the whole society was 489.1 billion kilowatt hours, an increase of 7.2 per cent over the same period last year. "View detail

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[SMM afternoon News] China has become Germany's largest source of imports for four years in a row * Chile has approved mining projects to hit a 5-year high - Shanghai Metals Market (SMM)