Virtual currency will be negative

3. China's economy may encounter the biggest difficulties in the middle of next year, and the financial tsunami has landed in many countries around the world. Facing the possible economic recession, the world is taking measures to rescue the market. In the case of China's GDP growth rate of only 9% in the third quarter, what is the trend of China's economy in the future? I would like to make a few comments. The economic downturn is hard to reverse, according to data released by the National Bureau of statistics on the 20th, GDP in the first three quarters increased by 9.9% year-on-year, down 2.3 percentage points from the same period last year. On this basis, GDP growth in the third quarter is only 9%. So many people are worried about the trend of China's economy in the fourth quarter and 2009. In fact, the economic downturn has been quite serious. According to the earlier report, the growth rate of electricity consumption in September has dropped to 3%, and that from January to September has dropped to 9.9%. According to the empirical value, the economic growth rate corresponding to this level of electricity consumption should be at least below 9%. The main problem is the decline in the contribution of exports and investment, of which the contribution of exports decreased by 0.9 points. Now it seems that the economic downturn is intensifying, and it is difficult to judge when it will bottom out, because there is a risk of a hard landing for China's economy in the future. Once it happens, it may be a long time. There will be a lag period from the financial turmoil to the sharp decline of global aggregate demand, so the middle of next year will be a very difficult period. Four major factors affect the inflation pressure. Domestic CPI rose by 4.6% in September, 0.3 percentage point lower than last month; PPI rose 9.1%, down 1.0 percentage points from last month. What's the inflation situation in the fourth quarter and 2009 after the double falls of PPI and CPI? In fact, CPI decline is mainly e to the disappearance of tail factors, while PPI decline is mainly e to the recent sharp decline in the international commodity market. At present, the pressure of domestic inflation has eased, and inflation is expected to continue to fall in the fourth quarter, but there is great uncertainty about inflation in 2009{ This answer belongs to чī The unprecedented rescue plan of western countries is always the potential source of inflation in the medium and long term. From the domestic point of view, several factors should be noted: 1. Whether the prices of primary procts such as energy and grain will rise after shocks. If there is no new instrial bright spot in the U.S. economy, there are only three possible directions: consumer credit, emerging markets, energy and other resource markets. As a result, the commodity market rebounded, thus giving a new impetus to PPI. 2. The weakening of fiscal capacity will force the government to relax price control, thus releasing the long-standing inflationary pressure. 3. After the collapse of a large number of manufacturing enterprises, there will be new inflationary pressure on the supply side of manufactured goods. 4. The expansionary monetary policy and expansionary fiscal policy that have to be adopted will promote the price rise from the level of money supply. The biggest pressure on enterprises is the sharp drop in external demand. In the first three quarters, the added value of instries above designated size increased by 15.2% year-on-year, 3.3 percentage points lower than that in the same period of last year, including an increase of 11.4% in September. This data reflects the aggravation of the deterioration of the business situation of enterprises, and it is a high probability event that the growth rate returns to the single digit. Enterprises are facing four major pressures: exchange rate appreciation, rising raw material costs, rising labor costs, and sudden drop in external demand. If the European and American economies fall into a deep recession, it will be fatal for a country whose exports already account for 40% of GDP. Now, it seems that exports remained stable in the third quarter, mainly e to the continuation of orders in the first half of the year. However, from January to September, the U.S. financial crisis has not spread from the market to the real economy, and the U.S. economy has maintained a growth rate of 2%. But in late September, after the Lehman incident, the feeling was obviously different. The firewall between the market and the real economy was broken. In the next few quarters, the U.S. economy will enter a significant recession, the spillover effect will affect the world, and China's exports are not optimistic. It is likely to fall back to single digit growth in the first half of next year. By the end of September 2008, the balance of China's foreign exchange reserves was US $1.9 trillion, up 32.92% year on year. In September, foreign exchange reserves increased by US $21.4 billion, far lower than the trade surplus of US $29.3 billion that month. On the whole, the capital inflows in July, August and September dropped sharply. After the financial tsunami, the withdrawal of international capital from emerging markets should be a trend, and it is happening. With the deleveraging of the US economy, consumer credit will shrink sharply, and the economic prospects of the corresponding emerging market export model are pessimistic. At the same time, it is also an important factor to sell off assets and withdraw a large amount of capital to make up for the losses of the home country's financial institutions and meet the requirements of deleveraging financial adjustment. If the trend continues, we can't rule out the months when China's foreign reserves declined after the middle of 2009. In fact, in 2007, China's economy has come to the end of an existing economic model, and there has been an obvious turning point in the progress of labor proctivity. Before the emergence of China's new model, the appreciation space of RMB real exchange rate has been exhausted. Overseas countries are most aware of this. Singapore's one-year non deliverable RMB exchange rate has shown a significant discount. The possibility of devaluation of RMB exchange rate in 2009 is increasing. China's manufacturing instry is very fragile. How big is the impact of global economic slowdown on China's manufacturing instry? In my opinion, this is catastrophic. Because China's manufacturing instry is a big in and big out structure, resources and markets are in the hands of the United States and Europe. On the one hand, China's manufacturing instry has to bear the pressure of imported inflation such as rising raw material prices; On the other hand, China's manufacturing instry is unable to move the cost pressure out, because the pricing power of global manufactured goods is not in China, although China is known as "world factory" or "world workshop". However, both ends of the value chain of modern manufacturing instry are not controlled by China, and high value-added fields such as R & D, raw material procurement, brand design, sales channel management, after-sales service, retail monopoly giants are in the hands of the United States and Europe. China's manufacturing instry is only working with orders, not directly facing the final consumers. This kind of structure is very fragile, resources and market are squeezed in both directions, and a large number of enterprises are bound to close down. To extend the instrial value chain, is there any new growth point to support the economy in China? To solve this problem, it is necessary to reform hard to see and create new economic growth points. From a macro perspective, it is mainly to adjust the structure of investment and consumption, and firmly turn to an economy dominated by domestic consumption by accelerating the reform of the price formation mechanism of resource procts and factors, and by accelerating the adjustment of wealth distribution among residents, governments, enterprises and residents. At the micro level, the so-called transformation and upgrading of enterprises are not accurate. They are not driving our labor-intensive enterprises away or moving them in. None of these can solve the problem. The problem of China's manufacturing instry is that it is at the low end of the value distribution chain and is being slaughtered in the international division of labor. Therefore, the key to the problem is to extend the instrial value chain. Only by extending to both ends, such as raw material procurement, R & D, logistics, warehousing, sales network and brand, can modern manufacturing and modern service instries be created, thus reaching the agreement with the macro objectives.

4. No, virtual currency transaction is allowed in many countries,

as long as it does not violate the local laws, there is no legal risk.

5. In the long run, virtual currency will not lose money, but it is illegal in China

6. In fact, no one has the ability to answer this question. Let's look at the next development.

7.

If a financial institution finds more than 20 pieces of fake RMB (including 20 pieces) and more than 10 pieces of fake foreign currency (including 10 pieces) in the process of collecting counterfeit currency, it shall immediately report to the local public security organ and provide relevant clues

the following operation proceres must be followed in the process of collecting counterfeit money:

1. More than two business personnel should collect counterfeit money

2

3

4

5. Inform the holders of their rights

extended data

the administrative measures of the people's Bank of China on the collection and identification of counterfeit currency is formulated by the people's Bank of China in accordance with the decision of the Standing Committee of the National People's Congress on punishing crimes against financial order and the regulations of the people's Republic of China on the administration of RMB. The measures regulate the collection and identification of counterfeit currency and protect the legitimate rights and interests of currency holders

Chapter II Collection of counterfeit money Article 6 if a financial institution finds counterfeit money when handling business, two or more business personnel of the financial institution shall collect it face to face. For counterfeit RMB banknotes, the word "counterfeit" shall be stamped on the face; The counterfeit foreign currency notes and various counterfeit coins shall be sealed with a special bag in a unified format, and the seal shall be stamped with the word "counterfeit currency", and the special bag shall be marked with currency, voucher type, denomination, number of sheets (pieces), number of crown words, collector, name seal of rechecker, etc. The financial institution that collects the counterfeit currency (hereinafter referred to as "the collecting unit") shall issue the certificate for the collection of counterfeit currency uniformly printed by the people's Bank of China to the holder, and inform the holder that if he has any objection to the authenticity of the collected currency, he may apply to the local branch of the people's Bank of China or the local appraisal institution authorized by the people's Bank of China for appraisal. The seized counterfeit currency shall not be handed over to the holder

Article 7 in the process of seizing counterfeit currency, a financial institution shall report to the local public security organ immediately and provide relevant clues:

(1) more than 20 pieces of counterfeit RMB (including 20 pieces) and more than 10 pieces of counterfeit foreign currency (including 10 pieces) are found at one time

(2) making counterfeit money by new means of counterfeiting

(3) there are clues for manufacturing and selling counterfeit money

(4) the holder does not cooperate with the financial institution in the collection

Article 8 the personnel handling the business of collecting counterfeit currency shall obtain the anti counterfeit currency qualification certificate The anti fake currency qualification certificate shall be printed by the people's Bank of China. All branches, business management departments and central sub branches of provincial capital cities of the people's Bank of China are responsible for training and examination of relevant business personnel of financial institutions in their respective provinces (autonomous regions and municipalities directly under the central government) and issuing anti counterfeit currency qualification certificates

Article 9 financial institutions shall manage the collected counterfeit currency separately and establish a register for the collection and custody of counterfeit currency

8. Term overview Hurun rich list, namely Hurun hundred rich list. Hurun Baifu is widely regarded as an authoritative organization to track and record the changes of Chinese entrepreneurs“ In 1999, Hurun, the creator of "100 rich list", created this unique media platform. It includes the bimonthly "Hurun Baifu" magazine and a series of activities[ In 1999, Hurun began to use his spare time and holidays to consult more than 100 newspapers, magazines and public statements of listed companies. With his interests and professional expertise, after several months of ups and downs, Hurun finally ranked the first fortune list in China's history that is in line with international standards
in order to let people know such a list and know the people who made it, Hurun understands that it is necessary to find an influential way to spread it. On September 1, Hurun returned to the UK and sent faxes to the financial times, the economist, business week, Forbes and other professional financial media, hoping to publish his list. At that time, the western media had never published a similar ranking list. Finally, Forbes and Hurun had a "crab meal" together for the first time. But no one can predict the change of the relationship between Hurun and Forbes in a few years
although Hurun knew from the beginning that its cooperation with Forbes was only a "one-time deal", it has always been a freelance writer outside the system, and the ranking was only introced to Europe and the United States, which has little influence in China. But for Hurun, it is crucial that the results of a survey representing China's wealth ranking be recognized by Forbes, which has global influence
with the release of the list, the first Chinese rich list named "Hurun" has obviously aroused the interest of Forbes readers. Forbes, which has been planning to open up the Chinese market, took the initiative to find Hurun in the second year and invited him to complete this year's "China's 50 (net worth discussion) rich people list". When the effect of publicity abroad, in the planning of friends, Hurun also quickly began to look for domestic media support
from not being able to contact a rich person to meeting more than one third of the people on the list
in 2000, a series of reports from domestic media suddenly exposed "China's first generation of rich people"“ "Where does the rich people's money come from?" has become the most heated question of all sectors of Chinese society. "In the process, the turning point of Chinese people's understanding of the rich has also helped me," Hurun said“ At first, the Chinese thought that the rich were all rich by relationships, but the story of these private entrepreneurs who started from scratch changed the Chinese view of the rich. " When Hurun thought that the rich order was established, he himself undoubtedly became the biggest winner
in 2001, Hurun resigned from Andersen and reprinted "chief investigator of Forbes magazine in China" on its business card, which was tacitly approved by Forbes. He expanded the number of people on the rich list to 100
at the same time, Hurun's investigation of the rich in China has also received more and more respect. In 1999, Hurun was unable to contact any of the rich people on the list. Later, Hurun has been able to meet more than one-third of the people on the list and contact all the rich people on the list
since then, in the eyes of Chinese people, Hurun Cheng has been the only spokesperson of Forbes in China. Even today, many people are still thinking about the "background" of Hurun's Forbes
please send a fax to the then British Prime Minister.
as Forbes China rich list has attracted more and more attention, Hurun's popularity has also increased rapidly. As a result, he began to appear in the media and attend various social activities as the chief researcher of Forbes magazine in China. With the popularity of the media and the promotion of its popularity, Hurun, who has always thought that "no money has been made" in Forbes, began to consider the commercial potential of "Hurun"
ahead of Yao Ming and Run Run Run Shaw, he was elected as the "2002 New Star"
inspired by several friends, Hurun felt that it was time to use the Forbes China rich list to do something for him, and he started the idea of writing a book. I hope to name the book with the Chinese name of "Forbes" Forbes refused
but Hurun and his friends came up with a compromise and named the book "made by Hurun". The bookseller is entitled "Forbes 2002 China's 100 rich". Hurun, who has always believed that the rich list is the result of his own private labor, believes that this may not be inappropriate. However, Forbes has sent a legal letter asking Hurun to stop using the name of "Forbes" and to destroy the published "pirated books". This legal letter completely shows the break between Forbes and Hurun
2002 is undoubtedly a special period of mixed sorrow and happiness for Hurun. Fortunately, on December 21, Hurun was ahead of Yao Ming, Run Run Shaw, Lu Rizhou and Zhang Xin, and was jointly selected as "2002 new talent" by the media. Sad to hear that Forbes and he have ended their cooperation Forbes high profile announced: Forbes will set up an office in China, and announced a huge business plan to enter the Chinese market
according to Hurun, "the biggest reason for the break between Forbes and him is that Forbes has a new plan, and it just plays a transitional role. In fact, Hurun has its own plan. In the second half of 2002, Hurun made preparations in advance and registered its own company "yarun Zhiyuan" in Hong Kong
after breaking up with Forbes, Hurun jumped even higher
after the news of breaking up with Forbes became public, despite the loss, Hurun was no longer the freelance writer who lived in no fixed place in 1999, "I began to prepare to do it by myself, looking for suitable partners. I have nothing to worry about, because I have always created the list myself. "
on March 31, 2003, in Guanghua School of management, Peking University, Hurun and Zhang Weiying jointly organized the China wealth quality forum. With the established reputation, "Hurun wealth series" new book sales hot. Subsequently, Hurun announced that he would work with the "famous European media group" to invest in China's European monetary institutions, and Chinese mainland English Chinamoney.
July 22, Westin Hotel, Shanghai. Hurun became the organizer of the Entrepreneur Summit of China currency. The summit was attended by the heavyweights of Chinese enterprises
what almost shocked the Chinese media was that Hurun invited Tony Blair, then British Prime Minister, by fax. Instead of falling down as expected, Hurun jumped higher. Almost everyone believed that Hurun had a deep friendship with British politicians and Chinese businessmen
settle down in China, and hope to build the brand of China's century old enterprise
by 2007, Hurun's list of 100 rich has been made for nine consecutive years. After the announcement of Hurun's list of 100 rich in October 2007, Hurun added a red logo of "Hurun's decade" to its business card. Today, China has already become Hurun's "home", with his wife and children living in the houses purchased in Shanghai. In the past, the frequent international trips between London and Shanghai were replaced by the shuttles between major cities in China[ Editor's note] Baifu magazine Baifu magazine is aimed at the Chinese rich who are keen on business strategy inspiration, investment opportunities and new lifestyle (especially luxury Tourism). It features a breakthrough list and an exclusive interview with China's multi millionaires, providing readers with refreshing and detailed reports. At the same time, it also pays attention to readers' interests: luxury tourism destinations and high-end "men's toys", including luxury cars, high-end watches, art collections, luxury houses, yachts, wine and jiu. It ensures that the magazine aims directly at the target readers on the basis of personalization
Hurun Baifu event - Hurun Baifu is also the top commercial event organizer for China's rich groups. Its "life Oscar" series of charity dinner, the rich enjoy life while doing good. It also provides opportunities for luxury brands to contact them. Since it was held in 2004, the "living Oscars" dinner series has raised nearly 3 million yuan for charities in Shanghai, Beijing, Guangdong and Jiangsu. China's top musicians, including pianists Kong Xiangdong and Lang Lang, violinists LV Siqing and Huang Mengla, have performed at the dinner
in addition, in July 2003, Hurun Baifu held a summit of Chinese entrepreneurs in Shanghai, where Blair delivered a keynote speech
Hurun Baifu book - in August 2006, I and Baifu list was published, in which Hurun told the story behind Baifu list for the first time. In 2002 and 2003, Hurun Baifu published a series of four volumes of wealth books to discuss entrepreneurship and a yearbook about China's rich Wealth quality analyzes the top ten qualities that have the greatest impact on entrepreneurs Fortune moment focuses on the key turning points in the entrepreneurial process of entrepreneurs Wealth gene traces the growth stories and values of wealth heroes, and explores the source of the formation of wealth quality and how they ecate their children "Emotion of wealth" focuses on the interpersonal network of entrepreneurs to see how they get along with their family, friends and business partners, and how they treat their motherland with emotion[ About Rupert Hoogewerf, born in Luxembourg in 1970, graated from Durham University in 1993. He studied Chinese at Renmin University of China and Japanese in Japan. He is proficient in seven languages, including German, French, Luxemburg and Portuguese. He is a British CPA with seven years of working experience in London and Shanghai. In 1999, he created the "hundred rich list" for the first time, which is known as the "Godfather" figure in the study of China's private economy
honorary 2002 "cutting edge person" (jointly sponsored by new weekly, sina.com and sunshine satellite TV); In 2002, he won the first place (sponsored by sohu.com and Beijing Morning Post); Best media person of 2002 (selected by Yangcheng Evening News)

9. The negative monetary fund must be e to the fact that you have found too many invoices from other places, which are not paid by your company at all.
the only way to make up the amount is to make a loan:
borrow: cash
Loan: other accounts payable (you can write the name of the boss)
because you don't need to pay them back,
then when you make the invoice, you borrow the expense account, It's OK to borrow cash account
note that the amount of this loan should be above your negative number