Guangdong Free Trade Zone Or Next Week'S Listing

Verified by many parties, 18 days in Guangdong

No listing ceremony will be held, or the listing will be postponed until next week.

It is revealed that the "package" free trade zone policy will be released on the day of listing.

According to the news of March 18th,

District government related staff 17, said, did not receive the 18 day held the notice of the listing ceremony, "the provincial unity will invite the media, then the central, provincial and overseas media will be invited, we are arranging the media area, the relevant work is still being prepared."

Nansha District is reluctant to reveal too much about the preparations for the FTA.

"

There will be many good policies on that day.

The staff member said.

Shen Danyang, spokesman of the Ministry of Commerce, said at a regular press conference on 17, that the three general plan for the free trade pilot area and the deepening reform plan for deepening the China (Shanghai) free trade pilot area have been submitted to the State Council.

After the approval procedures have been fulfilled, the Ministry of Commerce and four provinces and municipalities will implement the relevant departments and related units.

Related links:

We have already said on many occasions that China's monetary policy is in a dilemma at the end. It may end up with no choice but to join the global quantitative easing camp (perhaps through the purchase of local government debt).

Based on the real effective exchange rate, the renminbi is the second largest currency in the world.

The new bank has recently pointed out that when the renminbi is unable to withstand further adverse factors, this strength will hurt China's economy.

Unfortunately, the risk of depreciation may exacerbate capital outflows at a time.

Foreign exchange deposits data show that concerns about the short-term outlook for the renminbi are intensifying.

We can briefly summarize the following: depreciation is too much, capital outflows will accelerate, depreciation is not enough, and business capitalists will dominate the economy.

As Bloomberg reported, there is evidence that with the rise in interbank interest rates, the PBC is under two pressure.

So far this year, the average repurchase rate of 7 days is 4.41%, a lot higher than that of 4.16% a year ago.

At the same time, this has also hit the highest level since then in 2004.

ANZ bank and AXA Investment Management Company believe that the Central Bank of China will reduce the reserve requirement ratio this month, while Barclay Bank expects the Central Bank of China to take this measure in the coming weeks.

The two reduction in benchmark interest rates and reserve requirements for banks in four months failed to reduce the cost of loans. China is facing capital outflows in the world's second largest economy.

Chinese Premier Li Keqiang said on Sunday that China's economic growth target this year is 7%. If China's economic growth is deteriorating below this threshold, and the unemployment rate or wage level will decline, policy makers will take action.

Rajeev de Melo, head of Asia's fixed income Schroder Investment Management Ltd, manages about $10 billion of assets, he said in an interview in Singapore in March 12th. "I also expect the Central Bank of China to reduce the deposit reserve rate."

AXA Investment Company manages $660 billion in assets globally. Aidan Yao, a senior economist at the company, said: "export growth will not offset the adverse effects of domestic weakness."

If interbank interest rates can not be reduced, banks will not be willing to pass the latest interest rate cuts to borrowers.

We believe that the Central Bank of China is likely to cut reserve requirements again by the end of this month.

It all looks good.

But there are disadvantages to benefits.

Monetary easing may cause greater volatility in the foreign exchange market and speed up capital outflow.

In fact, some people will insist that the Chinese government may be willing to tolerate certain economic pain, if this pain can fight against the fear of devaluation.