2014年1月19日星期日

Taigang group plans to achieve revenue 150 billion yuan in 2014

On January 7th, the board of directors of the taiyuan iron and steel (group) co., LTD. 2014 annual meeting for the first time held in garden international hotel executive conference room.

It was agreed that taiyuan group company comprehensive budget (draft) in 2014.Agree Gao Xiangming put forward by the general manager group co., LTD. In 2014,ASME end pipe cap for steel tube the main goal, i.e., the steel output of 11.2 million tons, including stainless steel 4 million tons, business income is 150 billion yuan, the profit is 1 billion yuan.

2013 taigang group company production construction and the construction of key projects to achieve remarkable results.Annual product steel 9.98 million tons, the stainless steel 3.22 million tons,7D Butt Welded Bend Pipe fittings an increase of 3.54% over the previous year;Achieve business income is 146 billion yuan, an increase of 3.91% over the previous year.Profit of 500 million yuan, an increase of 25% over the previous year;6 inch API 5L ERW Steel Pipe manufacturer Implement tax 2.14 billion yuan, an increase of 7% over the previous year.

2014年1月13日星期一

Short-term economic growth have a negative impact

In the short term, may increase the uncertainty in our economy, is embodied in the following two aspects: one is the possible negative influence on the short-term economic growth.The past for a period of time, local government financing platform and the real estate industry have quite a number of financing through shadow Banks, to implement relevant policies could affect the supply was acquired,welded steel tube ASTM A53-b ERW carbon steel pipe by reducing the growth of investment in fixed assets to short-term economic growth have a negative impact.Secondly, the credit default event probability rise.Comprehensively strengthen the banking, securities, insurance, trust, small loan companies and related business financing guarantee companies and other financial institutions in the field of regulation, after previously hidden problems likely to be exposed.

International shadow banking was first made by us investment banker Paul McCulley is put forward in 2007, it is characteristic of high leverage and low transparency structured finance market.After the outbreak of the financial crisis in 2008, the group of 20 (G20) of the financial stability board (FSB) of this definition and scope of stricter definition.FSB shadow banking system is defined as "traditional the credit intermediary institutions outside the banking system and credit intermediary activities",astm a53/a106 gr.b carbon steel tube Sch 20 LSAW steel pipe it covers all other than the Banks and insurance companies engaged in credit intermediary activities of financial institutions, mainly include money market funds, trust companies, financial companies, structured investment vehicles, government financial support platform (such as fannie mae and Freddie MAC) in the United States, financial guarantees and leasing companies, consumer loan companies, in addition to engage in equity and currency trading hedge funds and investment Banks.

According to statistics, in 2002,Longitudinal Welded pipe and tube the main developed countries shadow banking $22 trillion, before the crisis ballooned to about $60 trillion in 2007, total assets of about $90 trillion when the traditional banking system.The rapid expansion of shadow banking, the global financial crisis for later buried the hidden trouble.After the crisis, the global shadow Banks to about $50 trillion, but then the global easing monetary policy, making the current shadow Banks scale expansion, again at the beginning of 2012 has been restored to $67 trillion, the size of the is higher than before the crisis.