The effect of accounting reform on GDP growth

According to the original national accounts to international standards, R & D expenditure is mainly used as intermediate consumption process. Accounting Division of the National Bureau official said, the traditional accounting methods for research and development role in promoting economic growth are not sufficiently reflected. The new accounting method will be able to bring the …

Chinese manufacturing industry is still under pressure

China officially released in June manufacturing purchasing managers index (PMI) fell by a 50.1 May 50.0, indicating manufacturing growth momentum remained weak but not significantly deteriorate. Nevertheless, the non-manufacturing PMI rebounded from the 53.1 in May to 53.7, construction and services which improve the situation further. Our composite PMI index compiled by the May rose …

Five-year plan to promote the development of SMEs

Development of strength has markedly increased. The end of 2015, the national business registration more than 20 million SMEs, more than 54 million individual industrial and commercial households, SME contribution to profits steadily increased. In industry, for example, by the end of 2015, small and medium industrial enterprises above designated size [From 2011 onwards, the …

Effectively get rid of high risk

To this end, the Forum group of Chinese financial corporate debt issues conducted a special study to measure the risk of corporate debt leverage indicators are divided into macro and micro indicators: Macro leverage ratio is the ratio of the total amount of conventional debt-to-GDP, while microscopic leverage ratio financial assets and liabilities is on. …

The short-term impact on China’s economy

Economic Daily Beijing July 5 News reporter Feng to report: Commerce Department spokesman Shen Danyang at a regular press conference held today, said Britain “off Europe” triggered by the international financial market turmoil, in the short term to foreign investment enterprises bring some impact, but the direct impact is limited, the medium to long term, …

Focus on the decrease of investment efficiency

1 to 2 July, the National Development and Reform Commission Xu Shaoshi in Jiangxi research, discussion with the responsible persons, held six central provinces NDRC forum. Xu Shaoshi pointed out, the national economy maintained a steady run, is expected to basically stable. At present, the problem mainly in the real economy difficulties, slowing investment, fiscal …

Offer more support to resolve excess capacity

Support to resolve excess capacity, strengthen policy guidance, Ministry of Human Resources and Social Security, Ministry of Land Resources, Ministry of Environmental Protection, People’s Bank, State Administration of Taxation, Administration of Quality Supervision, Administration of Work Safety, China Banking Regulatory Commission, Coal Mine Safety Supervision Bureau and other departments, study and formulate the rewards and …

Honest import and export enterprises have priority

According to the documents, the counties (cities, districts) government and municipal smuggling office, commerce, customs, tax and other departments to jointly implement, import and export enterprises in Taizhou after a pre-incubation, after the final joint recommendation to the municipal government named . Municipal government named corporate integrity of the enterprise, will be recorded as a …

National demonstration power plant of coal energy conservation

On June 25, the National Energy Board held a national demonstration unit of coal energy conservation forum, awarded Jiangsu Guodian Taizhou Power Plant, Huaneng Changxing Power Plant in Zhejiang and Shanxi International Energy Group Burghardt Thermal Power Plant “national energy saving demonstration coal power plant,” the title. Deputy director of the National Energy Board Zheng …

The new development of medium and small enterprises

News from the Ministry of Industry and Information Technology, “Promoting SME Development Plan (2016-2020),” recently released. “Plan” put forward the main task of the next five years, key projects and special operations. Experts pointed out that currently, SMEs are facing greater pressure on the operation, “planning” timely release, to promote sustained and healthy development of …

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