On Monday, President Xi Jinping reassured Asian business and political leaders that his country only aspires to peace and that he is confident its economic growth will remain robust despite a recent slowdown. China’s growth and other indicators are within reasonable expectations, Xi told a business conference on the sidelines of the annual summit of the Asia-Pacific Economic Co-operation forum.
“I want to emphasize that I am fully confident about the future of China,” Xi said in a keynote address at the CEO conference. “I am deeply convinced the Chinese economy will sustain its sound growth.”
Also, China is intended to provide a more open environment to foreign enterprises. “The Chinese Government is revising regarding laws and regulations to provide foreign enterprises in China with a fair law environment.” The foundation of China (Shanghai) Pilot Free Trade Zone also marks a more opening atmosphere in Chinese policy makers.
Expectedly, a new turning pointing is coming in Chinese economy.

he most significant part of Apple’s launch of the iPhone 5S and 5C were not the phones themselves, rather it is the 64 bit A7 processor, which will be the platform that moves the company safely to higher ground while the rest of mobiles commoditizes. While analysts preened for a mass market $300 phone to “save” the ecosystem, Apple headed in a completely different direction that offers revenue growth and increased margins. Contrary to belief, $300 phones are a dead end.
Apple chose a correct direction when it first launched it first iPhone. It focused on the new features and capabilities while downplaying the processor — after all it wasn’t one of Apple’s. However, with the closing of the gap due to Android and the multitude of ARM mobile chip vendors, Apple had to make a move to separate itself not just from the consumer market but from the more profitable corporate sector.
Tim Cook has not announced it publicly but his number one goal is to take over the corporate Wintel business that has driven profits for Microsoft and Intel over these past 30 years. With every new iOS and processor, Apple has been capable of applying pressure to Wintel enterprises with its outstanding product technology and performance, which used to concentrated on PCs and Windows OS.
If as expected, Apple launches the A8 next year as the latest 64 bit processor with features that excel against all, even Intel, in performance and power, then it will have completely taken Intel’s game away while the latter is demoted to selling in the $300 mass market that continues to commoditize.

Road and bridges companies’ annual reports on is the best proof of the saying that ‘highways are cash printers’. According the 2010 annual report said, 600377.SH (Stock market number) make the big profit in the last year and the profit up to 38.1%.At the same time, 0000002.SZ(Stock market number) make the big benefit up to 14.4%.

The data shows that the average gross profit of 19 national businesses, including road and bridge toll-gate income, reached 59.14%; the average of net profit is as high as 35.51%. And despite the large number of real estate companies, but the industry average gross margin of 10% to 20%.

Of course, not all the highways are already profitable. In recent years, some of the new highways in the Midwest area remain in deficit. A reasonable explanation is that the cost of building roads in recent years has grown exponentially, but these areas haven’t propped up enough traffic yet.