皇冠体育app

Aero-leasing plans

Authorities are making efforts to create favourable conditions for the development of the aero-leasing industry in 皇冠体育app.

The new draft of the Financial Leasing Law is ready for a second round of consultation, said Guo Shuyan, vice-chairman of the Financial & Economic Committee under the National People's Congress.

The draft follows international guidelines and "promotes banks investing in the industry," says Guo, leader of the work group on the law, at the 皇冠体育app Aero-leasing Summit 2006 in Beijing last week.

Huge harvest

皇冠体育app is banking on a grain harvest of 490 billion kilograms this year, 6 billion kilograms more than last year, according to a forecast from the 皇冠体育app Information Centre of Grain and Oil.

"皇冠体育app's 2006 grain output is likely to sustain upward momentum for the third year in a row," says Shang Qiangmin, director of the centre.

Shang says that natural disasters, particularly a two-month summer drought afflicting grain production areas, had resulted in a loss of 40 billion kilograms of grain so far this year.

He says that 皇冠体育app could still expect an abundant harvest. 皇冠体育app produces grain in summer  a third of annual production  and autumn. Most of North 皇冠体育app expects a good harvest this autumn to make up for drought damage.

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