I think 600091-- Zhuantie financial crisis on China is a historic opportunity

 Financial crisis on China is a historic opportunity
Time: October 21, 2008 07:27:39 How do the financial network
intensified by the United States triggered a worldwide financial crisis? The U.S. financial crisis on China opportunity or disaster? different conclusions will produce different responses, different measures will yield different results. but this is at a critical moment of China's economic rise, it is essential.
China historic opportunity for the economic rise depends on the emergence and the ability to seize the opportunity, and neither is dispensable. the face of the U.S. financial crisis and economic recession, a major historical opportunity might be thanks to the widespread, today's China than any other country and ever more with the ability to seize this opportunity, which, we should remain sober-minded.
one, is an opportunity rather than a disaster
1, China's monetary system, banking system and capital market system independent . Looking at the current international economic situation, due to the characteristics of financial integration, the developed countries, the crisis made the United States of Europe, Japan, Canada and other developed countries but a few. China is a little less affected by the crisis, the relative exposure to U.S. financial crisis outside, and can in this crisis, big countries can seize the initiative.
As China monetary system, capital markets and commercial banking system on the system are relatively independent, and the developed countries represented by the United States is not directly related to , which makes our commercial banking and capital markets and the U.S. subprime mortgage has not been too much of the financial crisis, Conger from China's macro-and micro-economic fundamentals are still good. both in the reform and opening up 30 years, or since the financial crisis in the United States, the Chinese economy continues to average annual growth of 10%, this growth did not because the United States in recent years economic recession in developed economies are affected. Even in the United States suffered under the impact of financial crisis, China's macro-economic growth and the performance of domestic enterprises increased micro-surface is still good. So the world economic recession has been called an oasis in the desert , with a strong ability to open up domestic markets and strong economic development potential.
3, our current fiscal and financial condition. and the international financial crisis in major developed countries experienced different characteristics: condition of the assets from the bank to see We have 46 trillion yuan total assets of savings banks, of which nearly 18 trillion of household savings, deposits and loans of about 12 trillion difference, capital is relatively abundant. this year, although the enterprise funds generally tight, but that is due to double-tight macro-policy decisions. Once we used to meet the lenient policy of financial crisis, it will have sufficient liquidity characteristics. Meanwhile, after a major commercial banks since 2005 listed, governance structure has also been a big improvement, therefore, banks Asset quality is also good. from the foreign exchange reserves of view, 1.8 trillion of reserves makes this financial crisis we face has enough self-protection capability and capacity to respond. from the state revenue, up to 5.1 trillion yuan in 2007 revenue, can we have the ability to protect themselves in this crisis.
4, China has the huge domestic market development potential.'s exports to China will have some impact, but China's 1.3 billion population and huge domestic demand market is the world unmatched in any other country, even in the United States in the context of financial crisis, while U.S. consumption regression make China's exports are subject to certain restrictions, but the huge domestic market, if passed loose monetary policy and fiscal policy started is completely compensate for export by domestic demand dropped. From an investment point, China's vast infrastructure of towns and cities a large number of projects require funding, promote economic development. either from the supply of funds or from the choice of projects, there are more Great potential. we deal with the ability of U.S. financial crisis is enough.
It is in this understanding, the international public opinion to China as a world economic recession The new leader, and the United States and other developed countries stand together to deal with the crisis. Some multinational companies and entrepreneurs to China as a safe haven to avoid the financial crisis and comparative selection of the best investments, their optimistic about China invest in China. At the same time, from the U.S. financial crisis triggered by the global crisis will inevitably bring about a global industry restructuring and new division of labor, China's migrant workers from low-end manufacturing and service industries to the high end of the financial restructuring.
In summary, this global
present the world hope that we can helping hand extended to the United States, this time we should also fulfill the Responsibilities, to show we stand together the world's major countries tide over the crisis of the gesture, grasp the historical opportunity, from their own actual conditions to find win-win Moshi.
Although China's huge foreign exchange reserves, bought almost half of U.S. Treasury bonds and the two Fang bonds, but the current U.S. Liangguo there are still some who believe that China should continue to approach help the United States to purchase U.S. Treasury bonds to save the market and the United States increase the purchase of U.S. Treasury bonds or direct the use of sovereign investment funds to corporate China to ; outside save China, Xiangbang ship, crisis does not negate the securities finance led to the capital market-based development trend of the modern financial system, commercial banks, the indirect financing and direct financing of the capital market will be to promote future economic development of China's two wheels. If the United States The crisis originated in the blind innovative financial derivatives and over-development, then today's China, financial sector development, especially in the development of direct financing of the capital market situation is still not enough. Therefore, China in which the financial stage of development and the United States is completely different, we must develop.
Second, the stock market is both a country's economic, social and political conditions barometer, is related to the status of a country's social stability, the most sensitive monitor. the face of the U.S. financial crisis , despite the fact that the opportunities in China than disaster, but why do people feel they are in the meantime? One important reason is because of China's stock market continued to slump over the past year, and the rate of decline far more than the United States. Why is China's national economic development of the world economy recession, an oasis in the desert, while China's stock market is the world's stock markets fell in Zhongzai Hu do?
the stock market in this state great harm in the long run. The first will be joint and several commercial banks, single leg financing of social responsibility, repeat the high rate of bad debts in 2005, there is systemic risk in the old rut. Second, the stock market plummeting, our economy will adversely affect the entity, which also in this year's fourth quarter and next year have been incidents . if not promptly take steps to activate the stock market, could lead to financial and other industries, the virtual economy and real economy into a vicious cycle, fall into this global economic catastrophe.
Obviously, both from the U.S. financial crisis rescue point of view, or from China's own need to vigorously develop the capital market for direct financing of demand, should revive the stock market from the start, active stock market, and inspired confidence. from the capital markets start to seize the opportunity. as long as stock prices in China and the United States to find a different The main reason the right remedy, you can more efficiently and quickly out of the decadent Bureau.
Fourth, China's stock market fell out of the U.S. financial crisis is the error
since October last year, China's stock market crash happens and the U.S. subprime mortgage crisis Overseas stock markets fell as a result of agreement in time. the stock market decline in accidental coincidence, so often the reason the Chinese stock market fell and the U.S. subprime mortgage crisis together, creating a market panic.
However, careful analysis of the Chinese stock market continued this year by U.S. stock market crash and the impact of the subprime crisis entirely different reason for the decline. decline in U.S. capital markets is the result of a U.S. recession and financial crisis, the subprime crisis caused a series of related issues. The Chinese stock market which a period of good macro-economic side, the quality of listed companies and micro-performance surface in the split share structure reform have been greatly enhanced after the last two years, 50% performance rate continues to increase, the U.S. stock market crash does not have any fundamental conditions. Meanwhile, China's stock market and the U.S. stock market system is not directly related to, the risk is not directly related to the A-share market, although from the appearance point of view, the two fall in the stock market are caused by a lack of confidence, but the U.S. investor lack of confidence caused by the laws of the market itself. The lack of investor confidence in China is artificially caused by the policy. In China, the impact of policy factors on the stock market factors than the market itself is much greater. Over the past year, China Like the stock market not only with the U.S. stock market fell, but still worse than the United States fall, whether the U.S. stock market is up is down, the Chinese stock market is down, the U.S. stock market decline, but has also dropped by 30%, while China's stock market fell more than 65 %, therefore, must drop out of the stock market is affected by U.S. financial crisis in error. the decline in the Chinese stock market is not affected by the United States, but has a special intrinsic reason.
five primary factor in the stock market is down listed companies in the listing prospectus said the temporarily non-tradable shares in circulation, leading investors into the market at high prices. In view of non-tradable state shares to enter the circulation, the outstanding shares of stock will be driven down, so the stock price to change is through non-tradable the right to receive shares in circulation, and in the process, could have caused the loss of tradable shares by the compensation of non-tradable shares. in the share reform, because the basic model with a non-tradable shares to tradable shares of bonus shares in the model, for example, 10 get 3, that is, non-tradable shares to tradable shares sent for every 10 shares held 3 shares. bonus shares, the non-tradable shares tradable shareholders is obtained. taking into account the non-tradable shares in circulation for a while stock shares to be the right to market pressure, so regulators also promulgated under the creeping flow of months later, negotiable 10%, 36 months later, only 100% of the circulation. which holds more than 5% of total share capital of non-tradable shares are called , is called month beginning the end of 2006, more than 1360 listed companies in addition more than 100, the basic practice finished. from the company's overall shares changed situation, while stock shares in, due to can not immediately sell the shares outstanding and, therefore, the overall stock market rose for the broader market, even Mogao to 6,000 points. But with the arrival of lifting the ban on ;, causing great pressure on the market.
2, on the period, that is three years from the date of listing before circulation. The sale of shares in circulation privileges are called Listing can be in circulation a year later, only one year lock-up period. This sale of shares in circulation privileges are called In May 2006 new from the old rear generated. the so-called new from the old is May 18, 2006 is limited, after which new listings are all negotiable company, has been split share structure problem does not exist . That is, once a year or three-year lockup period ended, these stocks do not have to divert investors through the stock bonus issue, will automatically flow. Therefore, investors buy such stocks, you should consider this risk. For example, circulation in the context of overseas stock IPO, the price-earnings ratio is usually between 8-12 times, the price is relatively low. However, the stock market in the stock reform of the old and new program off, the issue of 298 shares, issued up to 30 times the average price-earnings ratio , up to 99 times the China Ocean, than actually tradable shares issued during the price-earnings ratio is also high. The reason lies with our From May 18, 2006 is already starting to buy shares tradable shares, and must be taken into account when buying it for a year or three years will automatically run the risk, not to be such a high subscription prices in the primary market and secondary market trading. but because of the almost no publicity, resulting in poor investors are still unconsciously when share-trading by buying stocks thinking.
3, ; size limit rear, the 298 newly issued stocks, because, like finance, oil and coal are more large-cap stocks, Non-Zuojia shares, which investors in the market and more than ten dollars or even tens of dollars in sharp contrast IPO price. Even if the stock market Diedao 1,000 points, br> So far, the lifting of the The more urgent, the market felt down in the large. so this is the stock market the most important reason not lift their heads.
1.18 trillion whether the restricted shares will out in the real world, but investors consider investment risk is such thinking, because in reality there the possibility of them out. If we fall in the stock market situation is so simple and down come the more the stock market, you are not out of restricted shares, and produce the The main contradiction stock prices, then we can not find effective countermeasures to solve this problem,
six, the price reduction of major shareholders to resolve self-locking pressure of restricted shares
zero-cost model if we can come to the current the stock market down the main contradiction is the coupons, or repurchase capital injection, are not the right prescription. China's stock market not because of lack of confidence due to lack of money, but the policy has resulted in lack of confidence. Therefore, the current stability in the key Chinese stock market is to address the ; size limit a problem not be far behind. because from a subjective point of view, China's stock market parties, whether regulators or shareholders, whether it is a major shareholder of listed companies or securities firms and other intermediary agencies are looking to achieve increases in the stock market the win. but from an objective point of view, whether it is China's national economy from the macro side, or the performance of listed companies from the micro side, the stock market are rising with the external environment and internal conditions.
Specifically: by major shareholders lifting of the ban on the Restricted Shares may be in circulation after the reserve price for the lock on a voluntary basis, to issue restricted shares of the risk from a simple time delay locks, lock the price adjusted to completely resolve.
1, what is the price reduction of major shareholders self-locking. the so-called voluntary price lock, is defined by major shareholders of listed companies, voluntary ban of non-tradable shares held by the price reduction can be locked in a default on the flow reserve price. This price is defined by its major shareholders default of a minimum price negotiable, and its share price held above this level can only sell, but lower than the price of its shares will be automatically locked and no longer sold. This price can be listed under the Company facts and with reference to the broader market in 3000-5000 points to determine the company's stock price. Suppose a company's major shareholders can be self-locking flow reserve price set at 15 yuan, that is, shares held by only 15 yuan or more to sell. If Because of its sale, the stock fell to 15 yuan, will be automatically locked.
2, reduction of prices of major shareholders from the lock program
(1) large shareholders can be self-locking motion flow reserve price. From company, legally speaking, any more than 5% of the shareholders of the motion can be made in accordance with legal procedures related party transactions to vote, and this motion is sponsored by the self-restraint, it is consistent with minority shareholders and the company's interests and No worries of being rejected, and no legal obstacles.
(2) the motion is passed, to public disclosure in the media, the major shareholder of the voluntary reserve price negotiable lock made public, and shareholders of the motion its other motion, once adopted, should be observed. At the same time to check the implementation of the two exchanges in Shanghai and Shenzhen.
(3) If the company's future occurrence of bonus issue and share transfer, which can be a corresponding ex-dividend distribution under the reserve price shift.
this motion should be initiated by the major shareholder, made a voluntary win-win for the realization of Gushi's. which is the major shareholder of the core price of the voluntary lock.
3, corresponding measures
specific approach may be to: take full advantage of the characteristics of listed companies in China due to the dominance, nearly 860 state-owned listed companies initiated by the SAC to support the major shareholders of listed companies tradable upset the self-locking. while others may be more than 800 listed companies from the private Securities Industry Association to promote a unified and coordinated. China Securities Regulatory Commission in the process only for those who can flow through the major shareholders of listed companies reserve the motion of the priority given to refinancing.
4, the implementation of the major shareholders of listed companies feasibility
the current level of China's stock market fell to the present, not only loss of function of the stock market, and the function of the refinancing of listed companies, value-added functions can not be achieved. This is a multi-lose situation. from the author and ten Several major shareholders of listed companies access to view, can flow through the reserve price they are willing to self-locking to the market investors clearly this information, discourage non-tradable shares in circulation at any time out of concern, to achieve its share price rise. Again, many listed companies The manager is confident his company, but under the current inventory of spaces, can not do anything. Therefore, if a little guidance, the parties will be able to reach a consensus on this issue, because it is consistent with the common interests. can flow reserve price can be achieved. At present some companies have already enacted their own similar information, but did not effect the formation of groups, the overall decline in the broader market, the voice was faint and did not play a role.
5, which practices and share reform is not a thing to promote such a reform measures
need to do two shows: first, the listed company may not flow reserve price is the second self-locking share reform. First, the voluntary measures proposed by major shareholders There is no problem of mandatory government departments. Second, to determine the reserve price is negotiable by the major shareholders of listed companies according to their own situation in 3000 points to 5000 points made voluntary, not an externally imposed, uniform the price of provisions. negotiable base prices too low, the stock price will be low; can flow reserve price set too high, its shares will be high. because not the point, no investors on holdings of major shareholders of the company's concerns. Second, the largest shareholder base price negotiable price of self-locking is a constraint, rather than the kind of group behavior, rather than individual behavior, then, is to resolve the systematic risk of shares, boost market confidence.
6, introduced the measure of time is the key to the stock market a year
decline, although its negative effects have begun to emerge in the listed company, but the overall look of the macroeconomic performance of surface and surface micro-listed companies have not gone bad, and implementation of our major shareholders by adjusting the flow of the reserve price can be self-locking measures, but also can play a role. If until next year, the market and listed companies into a vicious cycle once, even if there are good measures, it will return to days without surgery. Therefore, our fourth quarter of this year through policy measures to reverse the continuing downturn in Stock key.
seven different ships Xiangbang, the war of choice we have to perform in Hong Kong
responsible big country, but also commitment and developed countries tide over the crisis, an innovative way of thinking, that is, first the general decline in world capital markets, the process of , look for a favorable spot. it can take the rise of capital markets recovery mission. and this, to China, the choice of the war, the most suitable location is in Hong Kong.
60% of the listed Hong Kong market market capitalization are from the mainland H shares and red chips companies, Hong Kong's economy supported mainly by the Mainland, but in the financial system, monetary system is entirely in Hong Kong and the United States currency, financial system integration. If in the Mainland market is relatively more independent in the context of the credit crisis still had a greater negative impact, it is mainly passed over from Hong Kong. So, invigorate the Hong Kong pawn, can drive the United States and other countries outside of the capital markets, internal to and A shares have a positive interaction, rather than through the piping, the risk of transmission to the outside to inside.
specific approach allows CIC strategic focus from U.S. to Hong Kong, Hong Kong to hold the forward positions, with to absorb excess foreign exchange reserves in Hong Kong H shares, from Weiweijiuzhao purposes. Now if China in the international capital markets for investment in any location, will have a Buffett effect, the Chinese shot, and can inspire the confidence of the world. bridgehead for occupation of Hong Kong, We both assumed the responsibility of great powers, the United States agreed to hand Xiangbang, but also realized the stone carving of four purposes: first, to buy H shares, to resolve the risk of excessive foreign exchange reserves. Second, this time to buy has great investment value H-shares, throwing dollars, to buy back their own shares to hedge the basis of industry, but also their value. Third, the Hong Kong market outreach United States, mainland China within the Union. We invest in Hong Kong, the Hong Kong driven up to be equal to outside the United States to help. Fourth, Hong Kong H shares to A shares have a positive role in boosting, to hold this bridgehead to block the outside world into financial crisis, the panic in Mainland China, will lead to loss of confidence in the channel. < br> buy H shares of the capital markets from Hong Kong to overseas capital markets passing shot Xiangbang initiatives. Externally, you can pull the recovery in overseas markets, after all, the sinking in the world have a place in the capital markets --- Hong Kong, there have been hope. domestic A-share market is not only no longer passed to the negative impact of U.S. subprime mortgage crisis and the recovery of H shares also rose to lead A shares. fight the battle of Hong Kong to make an inventory taken an important step in the overall .
short, grasp this great opportunity to make the historic rise of China is the key to activate the mainland A share market and bought back a . discipline. Peng. in. countries. certificate. securities. Report

Do sheep or a wolf

 I'll wait for the girls eventually left.
Stupid man, and when she needed you most, but you are waiting;
stupid man, in her most want to hear you say, you are in the closed his own mouth;
so you do not calm, then there is no security;
you are so not cool, so there is no self-confidence;
devil's help poor man like you!
Why do they always lost after that go to make up?
Why do not you be strong in the face of every difficulty?
Why do you have to do something so indecisive?
do not blame you for environmental education;
Do not blame society injustice;
not to continue to blame yourself!!
looked up,
like wolves quite your chest,
wail loudly,
two emitting green light,
forward it!

Made a meal today, is a meal of rice poor old Beijing in the past, but the big fish used to eat ...

 Back home has been at ten o'clock, tired and hungry do not want to move on, go out to eat but also to eat many times those who use the N 3 Wotou to see there is a bottle shrimp, onions and ginger to see the kitchen have to decide yourself out.
first three steamed corn bread cut into one centimeter square pieces, then shred the onion ginger, ignition pour the oil pan, oil heat, put pepper, color pepper and other flavors out, the steamed corn bread pieces into the stir fry. attention to the small fire, should be well done easy to Wotou burned, to make its external coke tender, so tender to reach outside the coke after the pan aside. put a little oil to the pot and bring to Qicheng hot, pour the shrimp and stir fry onion ginger silk, fragrance will come out into the stir fry steamed corn bread pieces evenly, according to taste add a little salt, add a little chicken, even after the point of sesame oil stir fry pan. Note that while they are hot!
fragrant but not greasy, the regulation of appetite a light meal, have a chance to try. listen to the elders said to be in the past coolies keep a car pull to eat, but I eat something delicious, do not last incarnation was a Camel?

Wang Xin won the Chinese delegation for the Beijing Olympic Games gold XI

 Basic information
Name: Wang Xin
Gender: Female
date of birth :1992-08-11
Hometown: Wuhan, Hubei
Height: 1.42 m
Weight: 28 kg
Project: Diving
up Company: Tianjin
Diving Team Coach: Zhao Jin
Games Registration Project: Diving [the women's 10 meter platform single or double]
best: the 2008 Beijing Olympic Games women's 10m springboard title (partner Chen Ruolin)
m2000 sports experience
1998 年 amateur gymnastics team in Wuhan City, the coach Yu Chuan-fa.
2000 in Wuhan City amateur diving team, coach Wang Cuidi.
2003 in Tianjin diving team, the coach is Tanliang De, Li Qing.
2006 National Diving Team coach Zhao Jin.

main achievement in the National Youth Championships in the women's single champion Shimi Tai.
World Youth Championship the women Shimi Tai runner-up.
2006 Asian Games in Doha women's 10m platform champion.
2007 World Championships women's 10 meter platform title.
2008 World Cup runner-up women's 10 meter platform, the women's 10 Double-meter platform title (Dadang Chen Ruolin).
2008 年 Good Luck Beijing World Cup women's double Shimi Tai Diving Champion (partner Chen Ruolin).
2008 Beijing Olympic Games Women's Double-meter platform title (partner Chen Ruolin).
upbringing
Wang Xin from a poor family in Wuhan, Hubei, when she is Wang Ruoxue. Then enter the Tsinghua University diving team, diving queen Fu Mingxia coaches in Finland that ; weak practice gymnastics, diving into two years later. She also recalled their previous fear of water, a child and the parents went to a swimming pool, did not dare to go, only guarding the stage, playing in the pool. Wang Xin said: just to practice diving, I am still afraid of the water, the coach here at my waist was a rope tied together, has been reluctant to see me, and she took me to push down, and then I tried the shore ah plan. This struggle 5 days, I learned how to swim. The shift, as she followed the national team into the door soon. While still a child, but Wang Xin of the perseverance, the character of Sophie in the band just so that she is always like a churn hundreds of times, many times repeated, in this process, Wang Xin grew up little by little, in such a growth process, Wang Xin and slowly go higher and higher, eventually, this girl laugh stood in the Olympic gold medal podium, let the world remember her smile.

How to choose new main industry in transition

 How to choose new main industry in transition?
Zhejiang Council meeting of July hot topic
turned oil into the energy sector hh
is diversified or focused on the core business? main industry on how to continue expansion into their core competitiveness? diversification is facing what kind of problems? Zhejiang enterprises in transition are faced with many new options. To do this, achievements in the development of their enterprises for the number of transformation and the current transformation own experiences, to share together with the Zhejiang enterprises in all his different stages of development management philosophy.
7  14 afternoon, West Lake in Zhejiang Hotel Many came to the scene ahead of Zhejiang have have to start sharing them. reporter saw Hangzhou Green Group Chairman Lin Dong Sheng and Hua Rui Pei Investment Management Ltd were the discussions for the public is hot. Jinchang Group Managing Director of Zhejiang Long Pan regime, the Financial Group Chairman Mr. Ni, the Silk Road Holding Group Co., Ltd. Ling Lanfang, Zhejiang Sunfire guarantee Quan Group Company Ltd. Shentu swimming, party secretary of China's Ancient and Modern Construction Group Lee Mead, Newgrand Software Co., Ltd. such as the Council Chairman Dan Zhongshao Zhejiang Council President and executive director of more than 40, members and invited guests, Chairman Hu Jiqiang Zhejiang CONBA has arrived at the scene, took part in this event.
Zhu Renhua said that the Council should be the Zhejiang Zhejiang their latest thinking, new practice exchange places. the future arrangements for monthly meetings every month, on the hot issues of common concern were discussed.
report before the subject, Zhejiang Business Council of Zhejiang Federation of Industry has also appointed special inspector Mr. Zheng Mingzhi to Zhejiang Council, consultants, and invited him to host meetings and activities to do. Cheng said he was very pleased to accept the Meiji Zhejiang Council hired. He said, Zhejiang The semi-official non-governmental Coalition; Zhejiang Council high quality, strength, quality, is the Zhejiang group leader. He hoped that the Council can become Zhejiang Zhejiang classroom knowledge, communication bridges, looking for business opportunities Ocean.
After the event, also attended by the Zhejiang Zhejiang well-prepared cocktail Council. everyone in a relaxed atmosphere with mood of wisdom once again spark the collision.
The following is this Extract the contents of dialogue and exchange activities.
Wang Licheng: How Holley
retreat in the industry from the first birth DD16-type power meter products, but now grown to have begun to take the international competitiveness of multinational corporations, Holley has gone thirty-seven years after a course of development, become a Jianmin four A-share listed companies. industries related to medicine, instrumentation and systems, information electronics, chemicals, real estate and other areas of .2006, Holley Group achieved a total revenue of more than 12 billion yuan. It can be said, Holley in business transformation and diversification, there are many profound experience.
lessons
diversification as a diversified investment, diversified, multinational private enterprises, Holley in the process of diversification, but also made mistakes, have been learned.
the last century, the late 70s early 80s, with the country's reform and opening up and industrial consolidation, Holley completed the transition from workshop to factory and began full production of electricity meters. In the 10 years 80 years , Holley is a strong sense of the planned economy, environment, production of energy meters. to the late 80s, there has been a new round of crisis, the industry is very depressed, and the product is a single Holley. This forced the breakthrough mechanism Holley, the company began to shift from the factory system, goods from a product economy to economy. In this way, Holley out of the industry was almost eliminated from the stage of destiny, embarked on a rapid development path.
1990-1995 Holley multiple years period of investment and development. In this 5-year period, Holley is in a period of low levels of diversification. almost every investment in new projects, what projects are to vote, and the starting point is not high. At that time China market economy is still in a relatively short period of product, far from excessive competition, the era of full competition. Together with the late eighties out of the products are single, the situation of enterprises in difficulty, we are very excited. So, when someone anything to make money on the investment and jealous, and no wonder why do such a thing, that is, with Holley has been invested in drinking water, clothing, high-tech and other industries, the results are down the drain.
now looking back, the biggest risk is diversified cash flow tight. When faced with a number of projects a steady stream of cash flows needs, I began to reflect, to review its strategy is working. people say diversity can not on the East, the Western light, but the fact is often not on the East, the West is not bright.
fingers with injury, it is better off a means. I was determined to adjust the strategy in 12 industries to comprehensive analysis, those who are not able to do all of the top three national counterparts to give up. two years, the sell sell all the back exit, and finally The remaining three industries.
If you do not take the initiative in 1996 to adjust its strategy, Holley may not hold. It was a good lesson, although a large loss. Experience is a treasure, but the lesson is wealth, can reduce the probability of the future made more mistakes. the road to success with thousands of articles, others can not copy the experience of success, and business failures can be attributed to it is.
if 90 out Holley Diversity is bright light in the west to east, it is to find a larger profit margins; so that by the year 2000, Holley is looking for an alternative to the meter as the main industry sectors. because the previous main meter is a very special instrument industry very narrow one industry. but after several rounds of shuffling, the market is relatively stable, then we need more space. This is why diversification Holley inner impulse.
Holley main future industry in the end be? when we do a wide range of discussions, then the choice facing the pharmaceutical and IT industries. We do not know which is better, both on the final decision. We established a trial and error mechanism to determine the two Road to the medicine men, respectively, IT direction. But the bottom line to set the risk that investment in each industry is not more than 2 million. because no output beyond this limit, it is difficult to bear the Holley.
results to 2005 years, Holley has 30 medical scale of several hundred million, and annual sales of IT has only 3 million or so, medicine is far greater than the speed of the speed of IT. Finally, Holley identified as the core business of medicine, IT is financial investment business; the original meter, etc. as a strategic investment business, as well as venture capital business.
diversification is the key to the industry to new level of understanding, understanding is not equal to understanding, and only the door to know in the end how. For diversification, I have come to the precepts of an enterprise in a period of time for certain purposes can be diversified investment, but certainly can not have both a wide range of industrial operations. a business can have a core primary industry, would be difficult to succeed.
business diversified and professional are a dialectical unity. an emerging market countries, as market opportunities are everywhere, there will be a large number of diversified enterprises; and when entering mature markets countries, the vast majority of professional enterprise. China's future trends should be more and more enterprises take the professional road.
talent is the problem of transition
Now look, Holley at least the main industry in transition also need 3-5 years, the biggest bottleneck is the talent! Holley had to enter the pharmaceutical industry, the reserve's management training background do not have to do drugs. And when a pharmaceutical Holley are not and can not reserve medical personnel. Rather, Holley is no way to advance in the case of reserve personnel to enter the pharmaceutical industry. Although the pharmaceutical companies before the acquisition, Holley on target to assess the human resources, but they are far from just a not enough. So, the only way to change corporate employment system, opening up the market to recruit a large number of professional managers!
good and the bad in itself, but professional managers, and perhaps professional can, short of the company's management style and culture may not be immediately accepted, not to talk about loyalty. professional managers to truly integrate into the team to go, in particular the establishment of a trust relationship needs at least 3m5. Thus, starting from 2000 to 2010, Holley has truly complete the transformation , which lies in cultural conflict and human resources bottleneck. In addition to middle and senior management personnel and specialized technical personnel, business leader is more important. At present, private enterprises in Zhejiang Province are faced with an insurmountable threshold, is the successors of problem.
in 2000, when I openly declared that in 2010, its just time to retire aged 50. But a lot of people within the enterprise is concerned, are not the Wang Licheng Holley think what would happen. But I want to period of time I have publicly announced his retirement, is that to be sure to be back, and I declared purpose is not to their burning our bridges! In fact, the surface is not retire my back problems, in fact, this back and reclaim reveals that behind Holley talent, business development strategy and system. To me, more or want to create a Holley hit a hundred years. Chinese enterprises have to get rid of a successful entrepreneur created a successful enterprises, but with age, the aging of the entrepreneurs, and finally destroyed the inertia of the enterprise.
However, history tells me that in the current industry structure and management framework, simply must find a successor to the failure of the succession . My idea is that when China really become established core business of the pharmaceutical industry, Holley become like a professional company like Novartis, and Holley to become an investment holding company type of business, all other investments into a diversified financial investment, and has very strong liquidity and exit mechanism, then there will be a lot of people can take the class, instead of non-I Wang Licheng not.
In addition, it even told me about ideas and values of life. the core competitiveness of the Chinese people for that? U.S. business school professor Walton gives a stunning view: Chinese people's cultural and spiritual life is not money! But I would like, the cause is very important, life is more valuable. hard work to a better life. I still have my childhood dreams I need to realize, when I want to zoologists. and after retirement, I will put a lot of energy to philanthropy. We have set up green and Inclusion Fund of Zhejiang , now a lot of meaningful things to do after retirement would have been more good operation of the fund. 

Uncertainty of the post-crisis era

 Dilemma, which is the current round of global financial crisis, the first peak in the spring of .2010 Greek sovereign credit crisis means the risk of the private financial sector to the transfer of sovereign states, which is the current round of global financial crisis, the second climax. in Greece sovereign credit before the crisis, there were optimists believe that the global financial crisis has settled, the world's major exit strategy will be implemented soon, the world economy will usher in a new round of re-growth. However, the outbreak of the European sovereign debt crisis clear that the destruction of the current round of global financial crisis, both the intensity and duration far exceeding market expectations. The crisis is continuing in, or into the post-crisis era, which in itself remains controversial. Even though we have entered a post-crisis era, which will also be a time full of uncertainty.
first major uncertainty is how the crisis will expand and spread. Although the United States, Goldman Sachs also fights chatter Event, but after all the U.S. financial the lowest point the market is over. the crisis center has been transferred to the euro by the United States. Although the EU and the IMF jointly launched 750,000,000,000 euros rescue plan, but the focus of the rescue package is not let through the implementation of debt restructuring with creditor debtor countries shared the loss, but through loans to help debtor countries to fulfill their obligations. In order to ensure that the debtor can repay loans crisis, the plan inevitably requires debtor countries to implement painful fiscal consolidation, which will not only lead to social unrest debtor countries, and may exacerbate the debt burden of debtor countries future. Thus, the plan may only be postponed to the debt crisis of the future from now.
Therefore, if rescue is not a significant change in strategy, 750 billion euros and could not pull the vitality and the European sovereign debt crisis down in both the European sovereign debt crisis will continue to expand or even upgrade. the future from the debt crisis may be passed to Portugal, Greece, Ireland and other countries. In fact, in addition to European pig five foreign countries, in Britain outside the euro area may be the next round of crisis in the country. Britain has a serious budget deficit and government debt pigs, no less than five countries in Europe, in addition, transition to reliance on the financial industry, the British economy, and the crisis in the financial sector hit the grave. After the launch of the British general election Conservative and Liberal Democrat coalition cabinet, while the coalition government, the biggest drawback is that difficult to launch a thorough, large-scale adjustment plan, which will be difficult to simply slide into crisis in the United Kingdom from the track to get out. Once the euro zone and Britain's sovereign debt crisis continues to deepen, so hard to stay out of the United States. In fact, the U.S. also has a serious budget deficit and government debt. The advantages of the United States dollar is the world's reserve currency, the United States can create inflation and depreciation of the dollar to out of the crisis. However, this means the crisis will seriously damage the international reputation of U.S. dollars.
Finally, the current global financial crisis will not end in the developed countries. since September 2008 since the collapse of Lehman Brothers to the major developed countries led by the Fed's monetary authorities have implemented a policy of quantitative easing an unprecedented effort, the collective into a lot of liquidity to the market .2010 since the crisis began in spring of Greece, the European Central Bank and the Bank of Japan to re-launch large-scale quantitative easing policy, again to inject liquidity into the global financial system. a lot of liquidity from 2009 until now flows to emerging markets from developed countries, so many emerging market countries in 2009 appears more serious asset price bubble. However, once the next countries to exit loose monetary collective policy, especially if the Federal Reserve into raising interest rates, global liquidity flows will be reversed, returning from emerging markets in developed countries. This will undoubtedly result in asset prices in emerging markets bubble burst, the face of capital flight, currency devaluation faced pressure increasing foreign debt burden, which the outbreak of currency crises and debt crises. This crisis and the 1997-1998 Asian financial crisis are very similar. In short, despite the current global financial crisis to the outbreak of the international monetary system at the core of the developed countries, But in the end may end to the periphery of the international monetary system in the country.
second major uncertainty is whether the world economy, the second bottom, and when the real world implementation of an exit strategy. As for the second probe end of problem, the key is to look at how to define dropped significantly, then the second bottom marked increase in the likelihood. After all, the U.S. unemployment rate is high, bank credit malaise, dynamic private sector consumption and investment remained weak. whether the government stimulus plan, or an enterprise re- inventory of, it can not support sustained economic rebound. EU's main problem is the lack of new economic growth point, the aging population makes unsustainable social security system, rigid labor market caused by chronically high unemployment. The Japanese economy is still not able up to two years completely out of recession, with the decline in the long process of struggle, the Japanese government has run out of space for fiscal and monetary policy.
short, despite the emerging markets and resources in the exporting country can maintain high growth in 2010, but this year may be lower than the IMF world economic growth forecast of 4% before. Although Australia, India and a few other countries have begun to enter the interest rate cycle, but not the world's major developed countries before 2011 collective implementation of an exit policy. of great uncertainty in the post-crisis era, cautious, wait and wait and see policy seems to have become a circle and humane policy.

Harbin Pharmaceutical Group won a controlling stake in CITIC

 Harbin Pharmaceutical Source Group and other companies to win the competition, has made a controlling stake in Harbin Pharmaceutical Group.
Liu, chairman of the original deposit weeks Hayao first time yesterday, said the reason he resigned is because different CITIC Group and its business philosophy.
CITIC into The master Hayao
White Harbin Pharmaceutical Group, CITIC Group, with Warburg in Hong Kong, Carlyle and Heilongjiang Electric Power Investment Corporation and other strategic partners, currently holds a total of 55% of the shares of Harbin Pharmaceutical.
November 2, Hayao announcement that Chairman LIU Cun week submitted his resignation due to retirement reasons; Board agreed that the application and decided to take over by the vice chairman Hao Weizhe.
. . When it comes to China Pharmaceutical Enterprise Management Association
who introduced in 2001, Harbin Pharmaceutical Group of the introduction of strategic investors. Hayao time and reached a preliminary agreement Huayuan: Huayuan assets of 5 billion yuan and 5 billion yuan in cash in exchange for Hayao 47 % of the shares.
However, the agreement of opposition by local SASAC. authorities said that the leadership in the negotiations of individual corruption may exist, this program will result in loss of state assets. because of the net assets at the initial Hayao OK 9.7 billion. This makes the issue re-grounding of the past two years.
end of last year, Hayao again, and CITIC, Dongsheng, China Pharmaceutical Group, to discuss restructuring. was kept Week Liu said: level, must be used after the reorganization of Harbin Pharmaceutical brand management team must be to integrate the enterprise of Harbin Pharmaceutical. br> Hayao, Head of Asset Management, said the reorganization of the right to speak lies in the hands of the SAC, as is the state-owned enterprises Harbin Pharmaceutical.

Hayao which experts cautious on the restructuring is expected to very high : I hope that through the restructuring of the group's output in 2005 is expected to reach 13 billion yuan, profits of 1.8 billion, China's pharmaceutical carrier.
but industry wary of the reorganization. LIU Cun-week less than a week after the resignation from the Harbin Pharmaceutical to 9 received the invitation of well-known pharmaceutical companies, this week from the left side reflects the existence of Harbin Pharmaceutical Liu loss of the latter.
schools administered by the Institute of the Beijing Aerospace PhD student Li Yanping said: partners. taking into account the existence Week Liu top pharmaceutical industry figures, the local government's decision there is a certain risk. Harbin Pharmaceutical's expectations so that made it difficult to determine whether we can achieve. Hayao years, recognition and face the future risk of Harbin Pharmaceutical.

70% for

 Samuel Doe had said to reporters said that a team can play as long as the daily level of 70%, it should be in the game has a good performance, if a higher percentage, then the result will be more perfect. We can not afford to give the Chinese team or the Olympic team's performance for accurate quantitative analysis can only be assessed through the perceptions of play is normal. Today, the significance of the Chinese team will be back in a special game, of course, and qualify the so-called special or linked together, but more important, in my opinion great place to help Chinese football is quite a spine to the small office to say what is left to the Zhu's coaching career in a reputation of the war. Zhu taught for several years although there are two times won the trophy race in East Asia, but its greatest impact was appointed at the beginning and the recent confrontation with the German team lost to Thailand, the former Zhu set a impasse. regardless of the future national team coach Zhu How long will today's confrontation with Iran is doomed to the fate of his third war, the pressure is not to guide further pressure to the Chu and his team, and is the survival and development of Chinese football needs this outcome and the process is not an ugly game. Although fans and spectators will be harsh words, but still reasonable, and the Doha Asian Games, Dewy is able to get out, and Iran soul-stirring race team extra points for his many young Olympic team has ever entered a period of almost half a year The results, which for the current Chinese team should not be an impossible task.
we can not really into the Chinese players and coaches of the heart, can not see many details of our woven into a complete picture But be sure, there was a power inherent in each individual's physical gathering, the key is we have the ability to make this power will become a force, the field of 11 individual firm to perform a tactical discipline, self does not occur for 90 minutes twists and turns, do not give opponents the opportunity to strive for the overall level can play the basic level to 70%. See the previous games, the Chinese team lost to Iran because the opponents are often under the impact of temporary confusion and disorder. in the first Before kick-off game, as captain Zheng Zhi came before the starting of each shook hands with teammates, a desire to win or even take off the desire to pass between the team members with the hope that this small detail also means more , players were more closely by heart and then some, after the Asian Cup against rivals, can be put down for the next season, all kinds of self-survival and development concerns, on top of a conscientious endeavor.
5 to 0 win over Uzbekistan Malaysia, Chinese fans and reporters immediately began to worry that the Chinese team is beginning to worry that a poor goal difference in the gap. everyone's nerves are not strong, confident in the swing may be among, if you want to qualify for competitiveness in it. In some among the people murmured, Zhu is a lack of decision of the coach, now's your chance to expose what this game with cutting edge, leaving the so-called posterior is not to find out for themselves in the Super League, not to win sympathy, should leave with dignity and respect.

Hu Jintao's political report of the Seventeenth National Congress (full text) of the three

 Nine, and create a new situation of national defense and army modernization of national defense and army building
in the overall layout of the socialist cause with Chinese characteristics, occupies an important position. Must stand on national security and a high degree of overall development strategy, economic development and national defense construction, In the process of building a moderately prosperous society in the realization of the unity of the rich and strong army.
to fully implement the Party and the people gave the new century, the historical mission of the armed forces must adhere to Mao Zedong's military thinking, Deng Xiaoping's thinking on army building in the new period and Jiang Zemin on national defense and army building thinking, the scientific development concept as an important national defense and army building guidelines to implement the military strategic principle of speeding up military reform with Chinese characteristics, preparation for military struggle to improve the military response to a variety of security threats and accomplish diverse military tasks, and resolutely safeguard national sovereignty, security, territorial integrity, contribute to safeguarding world peace.
armed forces more revolutionary, modernized and standardized is an integrated whole, must be comprehensive, and balanced manner. We must always adhere to the party absolute leadership over the army and the people of the fundamental principle of the fundamental purpose of the armed forces, the military in its historic mission, ideals, beliefs, fighting spirit and the socialist concept of honor, and carries forward the party's command, serving the people, heroic tradition. adhere to the scientific and technological strength Army, in accordance with the building of military information, winning the information war, the strategic objective to accelerate composite development of mechanization and information, carry out military training under conditions of stepping up training a large number of qualified military personnel, effectively change the mode of generating combat capabilities. adhere to the army according to law, strict discipline, improve relevant laws and regulations, strengthen scientific management.
adapt to new trends in world military affairs and the new requirements of China's development, promoting military theory, military technology, military organization, military management innovation. adjust and reform the military system and policies and systems, and gradually form a complete set of both the military with Chinese characteristics, construction law and consistent with the science of modern organizational model, institutional arrangements and modus operandi.
adjust and reform the defense industry and of weapons and equipment procurement, improve self-developed weapons and equipment innovation and quality and efficiency. establish and improve military and civilian production, integrating the armed forces of weaponry and equipment research and manufacturing, military personnel training and military security system, adhere to the thrift army, out of a civil-military integration with Chinese characteristics and path of development. in-depth study of new history characteristics and laws of running the army under the conditions of the army and people strategies and tactics of war, prosperity and development of military science.
enhance the concept of national defense, strengthen national defense mobilization, improve the quality of the reserve and the militia. Strengthening the People's Armed Police Force to to better carry out safeguarding national security and social stability and safeguard its people's duty mission. insist Yongjunyoushu its importance to consolidate military and civilians. at all levels of party organizations, government and the people to continue to support national defense and army building, the military will continue as the economic and social contribute to the development.
ten, promoting the vitality. in accordance with the to implement the promote democracy; to encourage Hong Kong and Macao in the patriotic people of all circles, under the banner of loving the motherland and Macao and pull together to promote social harmony; strengthen the Mainland and Hong Kong, Macau exchanges and cooperation, achieve mutual complementarity and common development; actively support the Hong Kong and Macao to carry out external exchanges , firmly oppose external forces interfere in their affairs. Hong Kong and Macao compatriots fully intelligent, able to manage, build and Hong Kong, Macau, Hong Kong and Macao will continue to play an important role in national modernization, the great motherland will always , prosperity and stability of Macao.
resolve the Taiwan issue and realizing complete reunification of the motherland is the common aspiration of all Chinese people. We will follow the eight-point process of peaceful reunification, never waver in upholding the one China principle, the efforts to achieve peaceful reunification, never abandon the principle of placing our hopes on the Taiwan people will never change, oppose firmly grasp the theme of peaceful development of cross-strait relations and sincere well-being of compatriots on both sides, to seek peace across the Taiwan Straits, safeguard national sovereignty and territorial integrity, and safeguarding the fundamental interests of the Chinese nation.
upholding the one China principle is the peaceful development of cross-strait political relations basis. Although both sides have not been reunified, but the mainland and Taiwan belong to one China has never changed. China is the common homeland of compatriots on both sides, across the Taiwan Straits should join hands to safeguard and building our common home. any political party in Taiwan, as long as both sides recognize the same One China, we are ready to conduct exchanges, dialogue, consultations and negotiations, all issues can be discussed. We solemnly call on the basis of the one-China principle, negotiate the formal end of cross-strait hostilities, reach a peace agreement, construct cross-strait peace and development framework, creating peaceful development of cross-strait relations.
1.3 billion compatriots on the mainland and the Twenty-three million Taiwan compatriots are the same blood and destiny. all things beneficial to Taiwan compatriots, cross-strait peace conducive to the maintenance of all things, all in the motherland it's peaceful reunification, we will do our best to do a good job. We understand, trust and care about Taiwan compatriots, will continue to implement and enrich the broad masses of Taiwan compatriots, benefit policies and measures to protect the legitimate rights and interests of Taiwan compatriots to support the Taiwan Strait and other Business investment is focused on regional economic development. on both sides should strengthen exchanges, promote economic and cultural areas and at higher levels, to promote the direct together.
present, the anything involving China's sovereignty and territorial integrity, including Taiwan compatriots, we must be all the Chinese people, including a decision. We would like the greatest sincerity and utmost efforts to achieve peaceful reunification, never allow anyone under any name or by any means to separate Taiwan from the motherland.
reunification of great rejuvenation of Chinese nation historically inevitable. Chinese people at home and abroad in close solidarity and concerted efforts, the complete reunification of the motherland will surely be achieved.
XI firmly committed to peaceful development path
world is undergoing tremendous changes and adjustments. Peace and development remain the themes of the times, seeking peace, development and cooperation has become an irresistible trend of the times. multipolar world is irreversible, economic globalization of further development of scientific and technological revolution, global and regional cooperation in the ascendant, and countries are increasingly interdependent, international balance of power in favor of maintaining world peace, and the overall international situation is stable.
the same time, the world remains far peace. hegemony and power politics still exist, local conflicts and hotspot issues keep emerging, global economic imbalances, South gap is widening, and traditional security threats and non-traditional security threats are intertwined, world peace and development faces many difficulties and challenges.
share development opportunities and jointly cope with various challenges, promote peace and development in the noble cause is related to the fundamental interests of people of all countries, but also the common aspiration of all peoples. We stand for people of all countries join hands and strive to build lasting peace and common prosperous and harmonious world. To this end, should follow the purposes and principles of the United Nations Charter, observe international law and universally recognized norms governing international relations, and promote democracy in international relations, harmony, cooperation and win-win spirit.
mutual political respect and equal consultation work together to promote democracy in international relations; economic cooperation, complementarity and promote economic globalization towards a balanced, shared benefits and win-win direction; culture learn from each other, seek common ground, respect the diversity of the world together to advance human civilization progress; security, mutual trust, strengthen cooperation, rather than peaceful means, the means of war to resolve international disputes and jointly safeguard world peace and stability; environmental protection and help each other and work together to promote common care home planet of human beings.
Contemporary China's relations with the world have undergone historic changes in China's future is more closely linked with the future of the world together. No matter how the international situation changes, the Chinese government and people will always stand for peace, development and cooperation, pursue an independent peaceful foreign policy to safeguard national sovereignty, security and development interests, abide by the maintenance of world peace and promoting common development, foreign policy purposes.
China will unswervingly follow the path of peaceful development. This is the Chinese government and people and the development trend of the times the fundamental interests of their own strategic decision made. The Chinese nation is a peace-loving nation, China is always a staunch force safeguarding world peace. We are committed to the interests of the Chinese people with the common interests of all peoples, and always stand for fairness and justice.
We adhere to all countries, big or small, rich or poor, respect for people of all countries to independently choose the right path of development, non-interference in internal affairs, not to impose our own will. China is committed to peaceful settlement of international disputes and hotspot issues, promotes international and regional security cooperation, and opposes all forms of terrorism. China pursues a defensive national defense policy, engage in arms race or pose a military threat to any country. China opposes all forms of hegemony and power politics, always does not seek hegemony and never engage in expansion.
China will unswervingly follow a win-win strategy of opening up. We will continue to develop their common development and promoting regional and world, and expand the converging points of interest with the parties in achieving their development taking into account other legitimate concerns of developing countries in particular. We will continue to follow the prevailing rules of international trade, increase market access, to protect partner interests. We support the international community to help developing countries enhance their capacity for independent development and improve people's livelihood and narrow the North-South gap. We support efforts to improve international trade and financial systems, promote trade and investment liberalization and facilitation, through consultation and collaboration and properly handle economic and trade frictions. China will never seek benefits for itself, the expense of others things.
China insists on peaceful co-existence five based on the principles of developing friendly cooperation with all countries. We will continue to work with countries to strengthen strategic dialogue, enhance mutual trust, deepen cooperation and properly manage differences to promote long-term stable and healthy development of mutual relations. We will continue to implement and good neighbors to with the surrounding neighbors as foreign policy, to strengthen good-neighborly friendship with neighboring countries, and pragmatic cooperation, actively carry out regional cooperation, and jointly create peace, stability, equality and mutual trust, cooperation and win-win regional environment.
We will continue to strengthen with the vast number of developing unity and cooperation, deepen traditional friendship, expand practical cooperation, provide assistance within its capacity to safeguard the legitimate demands of developing countries and share common interests. We will continue to actively participate in multilateral affairs, assume our international obligations, and play a constructive role in promoting international order fairer and more equitable direction. We will continue with the political parties and organizations, exchanges and cooperation, to strengthen the NPC and CPPCC, the military, local, civil society, foreign relations, the Chinese people and people of all countries to enhance mutual understanding and friendship. < br> China's development needs the world enjoy prosperity and stability without China. The Chinese people will continue to work with people of all countries, in order to achieve better future for humanity and make unremitting efforts.
second, to comprehensively push forward reform and innovation of the party new great project of building socialism with Chinese characteristics
is the cause of reform and innovation. the party to stand in the forefront and lead the people to create a new situation of development, must be spirit of reform and innovation to strengthen itself, socialism with Chinese characteristics has become cause of the strong core of leadership.
Party was founded eighty years, governed the country for fifty years, with over seventy million members, the party's education and management tasks than ever more arduous. party leadership the reform and opening up both to the party into the great vitality of the party is facing many unprecedented tasks and tests. world situation, circumstances, and the party situation in the development and changes, decided to reform and innovation to strengthen party building both very important and very urgent. < br> must be the party's governance capability and vanguard nature as the main line, insisted that the Party, strictly, carry people, pragmatic, honest request, with firm ideals and beliefs to focus on strengthening the ideological construction to create high the quality of Party members, cadres as the focus on strengthening the organizations, in order to maintain the party's close ties with the masses to focus on strengthening the work style in order to improve the system of democratic centralism as the focus on strengthening the building to improve the system for punishing and preventing corruption, focus on strengthening anti-corruption building, so that the party has become the Power for the People, pragmatic, reform and innovation, hard work, honest and clean and full of vitality, unity and harmony of the Marxist ruling party.
(a) In-depth study and implementation of Chinese characteristics theoretical system of socialism, with a focus on the latest achievements of Marxism in China arming the whole Party. ideological and theoretical construction is the fundamental construction, the party's theoretical innovation to lead all aspects of innovation. learning to build political parties in accordance with the requirements of reform and opening up and modernization closely Construction of a lively practice, in-depth study of Marxism-Leninism, Mao Zedong Thought, Deng Xiaoping Theory and remolding the subjective world, better grasp the law of the Communist Party, socialist construction, development of human society, improve the use of scientific theories to analyzing and solving practical problems.
strengthen party members, cadres and ideological education in ideals and beliefs and moral construction, the majority of party members , into practice the socialist core value system of the model, the lofty ideal of communism and the common ideal of socialism with Chinese characteristics, firmly believe in the scientific development concept of the faithful executor of the conscious practice of the socialist concept of honor, the social harmony of the positive facilitator.
(b) continue to strengthen the party's ability to focus on building high-quality leading bodies. the party's governing capability of the party building and the global cause of socialism with Chinese characteristics, must improve the leadership and governance capability leading bodies at all levels, good grasp of the core.
in accordance with scientific, democratic and law based governance, improve the leadership style of thinking, the governing competence of leading cadres to improve, improve leadership and governance, sound leadership system and improve the local party leadership after the reform with the working mechanism of the leading bodies at all levels into staunch implement the Party's theory, line, principles and policies, good leadership of the scientific development of a strong collective leadership. to strengthen the governance capability of leading bodies and leading the whole party, all the work the party line with the times and people always look forward to.
(c) actively promote democracy within the party and focus on enhancing the Party's solidarity and unity. inner-party democracy is to strengthen the party's creativity and reinforcing the unity of the party an important guarantee for reunification. We will expand democracy within the Party democracy to develop people to improve the Party harmony to promote social harmony. respect the principal position of Party members, guarantee their democratic rights, transparency in Party affairs and create favorable conditions for democratic discussions within the party. improve the party's congress system and implement the Party Congress tenure system, select the number of counties (cities, districts) cities and districts.
improve the local Party committees at all levels, the Standing Committee working mechanisms of the Committee on major decision-making role in the problem. strictly implement democratic centralism, improve the collective leadership with individual responsibility combined system, and oppose and prevent arbitrary decisions an individual or small number of people. the implementation of local Party committees to discuss and decide on major issues and appointing cadres to important voting system. to establish and improve the central plenary meeting of the Central Committee Political Bureau, Standing Committee of the local Party committees at all levels regularly report to the plenary of the Commission and accept the supervision of the work of the system.
party electoral system reform to improve the system for nominating candidates and electoral methods. to promote grass-roots party organization leaders team members of the public recommended by the party and the masses recommended by Party organizations at higher levels combined approach, gradually expanding grassroots direct election of party leadership to explore the expansion of various forms of grassroots democracy within the party. All Party members must firmly uphold the centralized and unified party , conscientiously abide by the party's political discipline, always consistent with the Central Committee and resolutely safeguard its authority, and ensure decisions are carried out.
(d) deepening reform of personnel system and focus on training high-quality cadres and personnel. adhere to the party the principles of management of cadres, adhere to democracy, openness, competition and merit, the formation of a scientific mechanism for selecting and appointing cadres. standardize the cadre nomination system, perfect the scientific concept of development and a correct view of the cadre evaluation system requirements, improve the open selection and competition, the difference method of election.
to expand democracy in the work of cadres, strengthen democratic recommendation and assessment more scientific and authentic. to strengthen the whole process of selecting and appointing cadres supervision. improve the tenure of leading cadres, withdrawal, exchange system, improve the civil service system. sound cadres dual management system. advancing the state-owned enterprises and personnel system reform and improve the characteristics of state-owned enterprises for management of executives.
adhere to the correct guidance in appointing both ability and integrity, and outstanding performance and selection of cadres and the masses generally accepted principles to improve the selection employing public trust. greater efforts to train and select outstanding young cadres, encourage the young cadres to exercise primary growth and hardship, improve quality of young cadres of Marxist theory and political qualities. attention to training and selecting women cadres and ethnic minorities. particularly concerned about the long terms hard, difficult work of local cadres to work hard, pay attention to the production line from the grassroots and select excellent cadres and government leading organs at all levels.
continue to train cadres on a large scale, full use of Party, administration and cadre academies to substantially improve cadres. full well retired cadres. implement respecting labor, respect knowledge, respect talent, and create the policy, Stick to the principle, overall pay close attention to high-level personnel and highly skilled personnel for the key personnel at all levels building. creative talents working systems and mechanisms to stimulate the creativity of all kinds of talents and entrepreneurial passion to create talent, expertise and resources situation.
(e) a comprehensive education campaign to consolidate and develop the results of efforts to strengthen grass-roots party building. advanced of a Marxist political party for life and strength to rely on hundreds of thousands of members of quality to be embodied. to build a solid contingent of party members in the basic project, and keep improving their quality.
earnestly study and abide Party Constitution, raise awareness of Party membership, the establishment of regularly reviewing party spirit, expand channels of party members and serve the people, building the work of party members to contact and serve the people, and improve the regular education to members, maintain the advanced nature of long-term mechanism, so that party members always keep in mind the real purpose of advanced elements of care for the people. to strengthen and improve the flow of member management, strengthening of migrant workers in the party's work, establish and improve mechanisms for dynamic management of integrated urban and rural members. to improve the quality of party members, optimize the Party membership, and promptly deal with unqualified members. < br> Party's grassroots organizations are the basis of party organizations. to implement the responsibility system for party building work, comprehensively promote the rural areas, enterprises, urban communities and institutions, schools, new social organizations, grass-roots party building, optimizing their setups, expanding their coverage innovations in the way, give full play to promote the development of grass-roots party organizations, serving the people, rallying public support, and promote a harmonious effect. to the party's grass-roots organizations to promote development of other kinds of grass-roots organizations.
in primary Party organizations and Party members in-depth A Good activities carried out. establish and improve the urban and rural grassroots party organizations, mutual assistance mechanisms. in all rural areas of modern distance education of Party cadres. establish and improve inner-party incentives, solicitude and assistance mechanisms, care and love grass-roots cadres, veteran party members life difficult for party members. We will pay attention to ensure funding for grassroots organizations and space for activities.
(f) Effectively improve the Party's work style and focus on combating corruption and upholding integrity. Fine Style is a pool party and the people's great strength. to adhere to the people who created history viewpoint of historical materialism, adhere to serve the people wholeheartedly, persist in the mass line, and sincerely listen to their voices, reflect their true desire, the truth of their hardships, many good things for the masses, do solid work, the right to do Man, love the people, creating benefits for the people.
to promote the work style of seeking truth, and more to reinforce the groundwork to do long-term benefit. Strengthening research to improve the style of study and writing, to streamline meetings and files, and oppose formalism, bureaucracy, against the fraud. promote thrift, diligence and do everything, and oppose extravagance and waste. All Party members, especially leading cadres, must uphold the Party spirit, conduct, for example. depth style, and discipline of education, active criticism and self-criticism so that leading cadres conscientiously abide by the discipline and state laws, inherited the fine traditions and promote new healthy trends, in order to promote good governance style with folk style.
the nature and purpose of the Chinese Communist Party, the party with a variety of decisions passive corruption is incompatible. resolutely punishing and effectively preventing corruption, popular support and the party's survival, the party must attend a major political task. All Party members must fully understand the long-term struggle against corruption, complexity, difficulty, the construction of anti-corruption in a more prominent position, take a clear stand against corruption. We will fight corruption in a comprehensive way, both punishment and prevention, focusing on prevention, push forward construction of punishing and preventing corruption, in the firm punish corruption, more attention the root cause, more prevention, more attention to institution building, expanding from the source areas of work of corruption prevention.
strictly enforce the Clean and Honest Administration. adhere to the deepening of reform and innovation system, strengthening the culture of clean government to form a permanent education mechanism to resist corruption, anti-corruption institutional system, the exercise of power control mechanisms. improve the unified management of discipline inspection and supervision accredited institutions, improve the inspection system. to strengthen the work of leading cadres are clean, improve the ability of party members and cadres to resist corruption. resolutely correct unhealthy practices that hurt public interests, and effectively solve the problem of strong public resentment. resolutely investigate and deal with law and discipline violations of any corrupt elements must be severely punished according to law, without fail!
Comrades! since the birth of our party has bravely leading the Chinese people a happy life and realize the great rejuvenation of Chinese nation, the historical mission to fulfill this mission, generation after generation of Chinese Communists, one after another, countless revolutionaries have sacrificed their precious lives. Chinese communists must continue this mission.
our party is leading people of all nationalities of the reform and opening up and socialist modernization, establishment of New China, the great cause of socialist construction since the inheritance and development, is the Chinese people for national independent, to achieve the great cause of national prosperity and development. the past, we feel the mission of the sacred and glorious. Looking ahead, we realize the modernization drive, achieving national reunification and safeguarding world peace and promoting common development, the three historical tasks confidence.
All Party members must be keenly aware that achieving the goal of building a moderately prosperous society in ten years need to continue to struggle, to realize modernization by the need to continue to work for several years to consolidate and develop the socialist system several generations , a dozen generations or even dozens of unremitting efforts of generations.
to struggle with difficulties and risks. We must be vigilant in peace and sense of urgency, and always maintain Marxism, socialism with Chinese characteristics, to achieve the great rejuvenation of the firm conviction of the Chinese nation; must be prudent, hard work, keeping in mind the basic reality of socialist party and the people the cause of unremitting efforts; have to study hard, work hard and continue to create stand practice, people, history, test results; we must strengthen the unity, the overall situation and conscientiously safeguard the unity of the whole party, to maintain the party's close ties with the masses and consolidate the great unity of people of all nationalities, to strengthen the great Chinese people at home and abroad unity and promote the Chinese people and peoples of the world's great solidarity of all sons and daughters, to promote the cause of the party and the people to achieve new and greater victories to provide a powerful force.
Let us hold high the great banner of socialism with Chinese characteristics more closely unite around the Party Central Committee, one mind, forging ahead, in order to win new victories in building a moderately prosperous society, and write a new chapter in the people a better life and work hard!

Safe and healthy weight loss healthy weight loss class is not just physical labor, health, weight loss requires wisdom ...

 Nutrition is used to promote the growth of the human body and human cells, regeneration, repair and metabolism, such as by changing the diet to lose weight, should focus on balanced nutrition. After reading the following in mind before a full course of eight key to weight loss and difficult, will help you lose weight.
lose weight need to eat foods rich in vitamins, fiber fresh fruits and vegetables.
eat with high sugar, high salt or high-fat junk food. such as: candied
(This is the fruit and water after discarding vitamins, leaving the sugar and slag)
salad or raw vegetables is best, and salad oil less, and good nutrition.
little nutritional fact soup , and has a lot of salt and oil, do not eat.
extended feeding time can reduce appetite, (after the stomach full of information to the brain the full 15 minutes)
order should be eating vegetables, then add food vegetables, the final meat, makes this sequence more than
eat your vegetables, eat less food and meat.
more brains, more exercise is also very important that you do not make many mental and physical well-developed limbs, but also burn calories.
weight loss no failure, only to give up, if not stamina, weight loss products please
cellular nutrition to help you lose weight easily.

(Rpm) Ten top tips for students

 (Rpm) Ten tips for top student
2007-12-02 12:10
2007 19:15:09 12-year of 01: 145 schools get high marks blog
the most reliable factor is to understand how to develop my potential. Studies show that: to learn first in their minds, learning is down to business, it is supposed to be in entertainment.
2, anywhere to learn the way memory words a day jogging. in a glossary attached toilet filled lake, when brushing your teeth every day memorize a new word; no matter how different features, one thing they are the same: to ensure that study time, perseverance.
3, is so organized and learn about the common things are placed within reach of the position, school supplies and information important to use a cardboard box or drawer installed, avoid turning the West when the East to find.
4, learn to read learn to read faster and improve the unit quantity of reading learn to read a book catalog, diagrams and illustrations , to advance understanding of the book, for more effective information; when the active readers - keep asking until all the information so far between the lines make sense.
5, reasonable arrangements for the day and then later also encouraged his homework. < br> 6, note taking good notes of the martial arts emphasis, while a top student in mind lectures often focus on one side. Some of China in the middle of a line notebook, half of the extract of the text outline, and the other half write down what the teacher added.
7, Writing clean.
8, timely question.
9, students often discuss mutual learning homework problems, using different problem-solving methods and the exchange of ideas.
10, when the self-test check notes , Examination of self-knowledge points that may be particularly aware that the basis of these knowledge points lower class self simulation questions and answers in a written test on the eve. If the answer is not satisfactory where to go back to the review.
except The other, a vast majority of the top students there was no secret at all the . the party to teach the child the two words are: instilling a sense of responsibility to the child, let the children of responsibility for the actions.
one: the preview before class. In the night before the teacher a new lesson to the rehearsal of new courses, first view the text again, some of them touching down or draw a beautiful place. As the saying goes: do not read the fixed ink it! and do not know where to find his paintings down to think, if you still do not know, the next day with a problem ask the teacher or classmates and with the exchange and discussion. Finally, extract the text well written, places, or words, write a special note to the book on the stuff.
II: lessons must concentrate, listen carefully , follow the teacher's ideas go, the teacher talked about some good ideas, problem-solving methods, or exciting, it is important to the classroom notebook and write that encountered do not understand, be sure to write down the time, ask the teacher after class. lectures most taboo is critical teacher, the teacher speaks too vivid enough, boring, and then their sleep lying on the desk, or in thought, in fact, only victims of their own. Even if the teacher speaks good again, or to listen, learn learning is to learn for themselves, should be actively and positively. I myself have an experience, too old math teacher, spoke dryly that he do other things, the results for some time, poor academic performance a lot. Therefore, I caution We must not find fault with the teacher!
Three: After-school time review. After class, use the time between classes, the teacher was talking about the memories and summarized. and then the appropriate number of exercises to practice, lectures on their results, course knowledge testing. to identify weaknesses where necessary complement and strengthen the special training in this regard.
four: the use of class time to remember a few scattered English words, the effect will be very good, than usual, with a special one or two hours to back words, the effect is much better. But every day should adhere to the accumulation of class time to use them.
Five: Take a small book, taking 5 minutes a day to arrange the task of the day today, for example points to the Some do work like this, write it down. of course, have to arrange their own leisure and entertainment time, please do not schedule very full, it would feel very tired to study, lack of interest, but also not able to press plan. so a plan can not be good business is far higher, to have clear objectives, a daily plan according to their own arrangements to reach the case, in a small notebook to make a hook, indicating that this task is completed, you can relax. so study, then every day will feel energetic, very happy, happy.
Six: Be sure to be a half-hour a day reading, but also intensive in the extra half-hour, more than the other only know how to learn curricular nerd and expand their knowledge. but still have to adhere to every day, I believe the persevering, for some time, when the teacher talk about some of the students feel something must have extra-curricular knowledge, you will be talking about the to say that listening to other students, it feels really good now! they will not feel the taxi three days, when the new eyes, that you are knowledgeable students. At that time, will greatly improve your self-confidence.
Seven: do not understand teachers or classmates to ask questions in a timely manner. and learn from them to discuss.
learning accounted for first, each student can do it. The reason why you can not account for the first, for two main reasons: First, the lifestyle, learning is not correct, second, there is no strong willpower. In this there is the first significant determination, the study is the second most important. In real life, the whole of China is still more than 70% Although the students share the first share of the first, but they are not the strongest willpower, or that learning is not the best way of life. They may be the first today, and tomorrow is not. That is, if you press The first method of accounting to learn, to exercise, usually exceed the available first.
brilliant first is not to go through the hard work to get it? it hard is because the ; is the world's most hard work, and only you have a strong will it be to be the first, of course, the correct way of life and learning methods are particularly important. Here is the strong will do what, as long as you can press the following points asked to do, and take notes every day, consistently, every day continuously uphold the one-semester, one, three, then your stamina sufficient to meet the requirements of the first accounts. In this exercise in fear You break the middle, rain, mood, disease, domestic, and so do not interrupt your exercise reason. You have to remember is that you school students learn the most important in life, there is no importance of the work will exceed it. In addition to strong determination, the right learning method and way of life is also very important.
first everyone can share, the original does not necessarily account for the first students to how much smarter than you, not necessarily the brain cells than you. Edison is not said, The first available, including the first of your own now.
Second, you have to exercise every day. without a healthy body, nothing you can do well, even the occasional well, can not last long. 30 minutes of exercise a day must be every day. exercise a variety of forms, running, table tennis, basketball, push-ups, standing long jump, etc., can be. some students a good face to see other people do not run, afraid of their own others saw the sorry run, it would be wrong, really sorry is hard for a few years into university, the University is also laid on for a few years. If the future can not own their own feed, it is really embarrassed .
Third, to correct learning attitude. Every time before class, the teacher should be prepared to talk about the contents of the preview is good, the bad to understand, not the contents of the good mark, when the teacher talked about the Department carefully lecture. If the teacher will not talk about the future, we must ask the teacher, until know so far. When asked a question twice and three times will not, generally, to embarrassed to ask the students, and can not do this, teachers favorite .
class do not do their homework under the first, but the notes, the first textbook to learn the knowledge point, the content must remember it by heart. This will greatly improve the speed of your homework, that is usually said The When mistakes or poor performance in the exam, you not only do not complain, do not be discouraged, you should face the reality that their own do not want to be. do not learn it does not matter, write to the knowledge of your asked the teacher, then the correct interpretation or result, write the other pages. the wrong question, too, is failing that test does not do more wrong questions, the correct way is copying the original title the practice of learning them, to write the other way and the results page, if the problem can be marked with such precautions do, it will put your learning efficiency and increased by 30% -60%. The reason why the written answer or explanation other page, is to see the next time the subject of knowledge points or error, and then use their brains, think about the knowledge point of understanding and explain the situation, and then practice your approach to the question and answer. mistakes and failures is not terrible, As long as you can face it, everything will become a driving force for your success.
fifth, accounting. you must have a learning account, when you do well, write it down, when the wrong question, write it down (Note: only the books of record . to exercise in your life, learning every second recorded in your books on your assignments and exams in each number of questions correct, the error number and error Question question (the number) one by one record in your books on. to learn the knowledge of your daily points are recorded on the books to prepare for tomorrow, the day after tomorrow and then check their own really this knowledge point. In later books of days of knowledge points, you must learn and to master.
record books is that you learn the details of each exercise. so down, school life, there are about a 32 to open the paper Record the amount, not the school may have two pages of paper records of the amount of 32. In a week and holidays do not break. put your account accumulated day by day, this is your first way through.
Although schools in quality education today is not the position, but learning is outstanding goal, we admitted to the high school level, a necessary condition to our society, do the work of each capital. students to The first bar fight. If you year after year to do according to the above requirements, you must be able to share first.
If we all do so, even if you do not get the first, must be outstanding students in China, because China Most students do not have such determination, not such a good learning method and way of life. students who struggle for a better tomorrow it

Top 2011 horoscope forecast 2010 Gemini fortune fortune fortune estimated

 Top 2011 horoscope forecast 2010 Gemini fortune fortune fortune estimated whole fortune in the past 2 years, Saturn has brought to the Block very many trials and hardships. now head back to the supervisor seat in April 7 ~ July 21 14 weeks or so it will stay in this, will again be tested during this period. In this nearly 30 years after Saturn will not go back to seat.

In fact, we can encounter in life house Saturn in life, but also only 2,3 times, so this is difficult to get it thrown in after the next time will be a meeting in 2036. (here is the last time Saturn 1977 to 1980.)

Saturn in September 2011 ~ October 2011 period does not end it all everywhere in the education, especially those born in September 17 to 23 everywhere in between. If it is part of it, do not be depressed, Saturn is already a veteran of combat. Saturn will experience will be more difficult to make, but have learned the habits of Saturn can had a premonition that something would happen. to the point of tips, 9,10 and July 2011 need to wrap up what happened.

into the life of each house at the time when Saturn will have 9 months of the time are directly impact of the Saturn's journey here, were born on the rear seat did not make the direct effects of 9 months. and it came back this week is to the 14 filled the time, but also will benefit. face difficulties through this period is unique to do, because Saturn will make a more realistic, more rational thinking. To know when the Saturn Palace in life when things do, will benefit for life.

(* Tip : Strictly speaking, Saturn retrograde will spread to September 19 to 23 who were born during the period, but consider some of the impact of expansion, I decided two days before the 19 came in everywhere are also considered. All will be felt everywhere in the return of Saturn However, in August for the birth, and September 1 to 17 of them, the impact is very much on the weak. If the seat is up, then 24 to 30 degrees in the lift at the back with Saturn have to pay attention to the effect.)

in the next 4 months, the need for more attention to health problems, because Saturn will undermine the health and care issues. It is noted that most in need of teeth and bones, as Saturn rules structure of all things, of course, including the skeleton of the body.

in the next few months they will be exhausted and are demanding, so the most important to focus on the task at hand. Do not Let those who are not meaningless and unimportant things to waste time, so upset. Saturn tell you that things are difficult, reap, whether good or bad. in the next few weeks, in charge of all time Saturn concept will allow time to learn to save and fair arrangement.

Saturn will push, urge, so more resilient, when Saturn left,Discount UGG boots, has been stronger, smarter, more rational. When Saturn brings experienced After all the, the difficulties students will mention. Saturn have been engraved during the great achievements of the mark, and that goes far beyond their expectations. may take months or even years in order to understand this period have achieved anything, so now firm belief, continue to proudly go forward.

09 年 Saturn into the experience at this period may have changed something, in January 2010 Jupiter will enter Pisces bring some new changes, from the parents can get inspiration and helping the good advice, good side. In addition seemed really concerned about the happiness in the next 4 months, it will be completely different experience. a blazing single over the past, will find not the same place, try to enjoy it.

think the most anxious for this month will be the April 26 Earth days 5 days before and after the punch, This is a very bad phase, when Uranus will be in poor phase separation accompanied by a sudden end. and the old relations have become tense, if it occurs, it will eventually leave him / her (or He / she left), this is not something to avoid. on September 17 to 23 who were born everywhere most affected, since the inevitable, or keep a cool well. must have hit the end times, when life in the Mo-free force.

past six months, some of the financial aspects of the problem, similar problems have occurred late last month, March 29 felt pockets full moon is flat 7 .4 Libra Saturn up to 14 weeks leave time, the financial situation can be good shake .4 14 is to require the full moon the best time for a raise, then the next few days is critical, need to catch the opportunity, because the universe has given a very fine small but valuable opportunity to get more money.

if not in the April 14 and the next few days for a raise, then the salary in the next two years may only have a little bit of increase (or even marking time). Since 2010, Saturn will be back to Libra on July 21, before leaving in the Saturn will curb the growth of salaries. not to say that certainly raise this month, however, and the next few years compared to 4 Perhaps the biggest mid-month.

Mercury in April 18 ~ May 11 during the retrograde, Mercury is the ruler, Mercury retrograde brings the impact of this delay, is more intense than any other . Mercury rules communication, thinking, perception, research, and students in the logical, objective and rational part, which will be unstable, the impact will be to determine errors, uncertain and hesitant to forget.

starting from April 8 to bring everyone can feel the slow pace of Mercury. I recommend that in April 14,15,16 to apply for a raise, or to discuss a financial plan. I know this is short notice, but we To avoid the Mercury retrograde period. has said that if Mercury is retrograde at birth, then the feelings will not be too obvious. But I was born with Mercury retrograde, but every time I have experienced this torture! Ha ha, I have the right to say it kinds of comments are wrong! pro Virgo, to be mindful of.

Mercury this month after a Taurus, ninth house,UGG boots clearance, where the impact of travel, and living in foreign lands their relationship, as well as Secretary, publishing, broadcasting and academic research, these areas covered will be delayed or delayed. In addition to waiting for the end of Mercury retrograde is also no other can do, but know this is good.