China Securities Daily 7 News Summary Of Major Financial Media

2011/1/7 10:13:00 47

China Securities Journal Financial Media News

　　 Greek Prime Minister Appeal again Eurozone bond

Greek Prime Minister Papandreou renewed his appeal on the 6 day to issue eurozone bonds to help euro zone member countries reduce their financing costs and deal with the debt crisis. He believes that the issuance of eurozone bonds will help ease the growing tension in the bond market and promote financial stability and economic prosperity in the euro area. French Prime Minister Fillon appealed to the euro area countries to strengthen solidarity and take measures to cope with the challenges together. A strong unified monetary area requires members to adopt a convergence policy in terms of finance, taxation and social welfare.

　 The total number of grid connected fans is expected to reach 55 million kilowatts this year.

The national energy board has proposed that in 2011, it will continue to promote the construction of large-scale wind power bases. It plans to start construction of two phase 5 million kilowatts in Jiuquan, 2 million kilowatts in Xinjiang Hami and 2 million kilowatts in Inner Mongolia Kailu, and strive for a total of 55 million kilowatts of grid connected fans.

　　 Biological medicine Major new drug research and development initiative will receive 40 billion capital support.

The relevant departments plan to invest in the bio pharmaceutical industry during the "12th Five-Year" period. The special funds for major new drug research and development and creation will be around 40 billion yuan, more than doubled during the "11th Five-Year" period. In the field of specific support, support for research and development of biological products has increased significantly. In the 40 billion yuan special fund, the central government allocated 10 billion yuan, and the rest are supporting funds of local governments at all levels and self financing by enterprises. The amount of special funds invested in the same field during 11th Five-Year was 17 billion 800 million yuan.