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China's stock index futures opened higher on Wednesday,nike free run billig with the contract for settlement in May, the most actively traded, opening 13 points higher at 2,492.8. The contract for settlement in June climbed 10.4 points to open at 2,480.nike free sko The September contract added 3 points to open at 2,481.6, while the December contract opened at 2,514.2, up 13.8 points. The stock-index contracts, agreements to buy or sell the Hushen 300 Index at a present value on an agreed date,nike run sko are designed to allow investors to bet on and profit from either gains or declines in the market.billige nike sko The index futures were launched at the China Financial Futures Exchange (CFFEX) and started trading from April 16, 2010. The CFFEX has set the base value for all the four contracts at 3,399 points.nike sko free The discrepancy is a result of the government's minimum grain purchase price, which aims to shore up domestic grain prices after they declined in the global market due to weak demand and increased rice yields in recent years, analysts added.billige nike free The global rice output this year is expected to increase 2 percent year-on-year to 479 million tons, making 2013 the eighth consecutive year of increased rice yields, according to the USDA. Meanwhile,nike free norge global rice stocks are expected to hit 107.8 million tons, the highest level since 2002, the report added.free run sko "The government should allow the purchase price to have some flexibility, so that it fluctuates according to the international market," said Ma Wenfeng, a senior analyst at Beijing Orient Agribusiness Consultant Ltd,nike free run dame one of the industry's largest specialist consultancies. Meanwhile, rising labor costs and other factors are supporting rice prices in the domestic market, placing upward pressure on imports. Lured by the low global prices, "Chinese companies are very willing to import", Ma added. During the first three months of the year,billige nike free run China's rice imports jumped by a staggering 192 percent from a year ago to 690,000 tons, Chinese official trade data showed. Because of the price discrepancy, imported rice will always be attractive to domestic companies, Ma said.nike free run norge "The government should continue increasing its investment in the agricultural sector to drive down prices in the long run," he added. Imports of other agricultural commodities are also expected to increase. The country's soybean imports are expected to rise by 10 million tons from a year ago to 69 million tons, according to the USDA forecast. China's grain output reached 589 million tons in 2012, the ninth consecutive year of increased harvests, official data showed. llw
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Shuanghui claims nike free run billig a five-percent market share in pork products sold in China. The deal will expand Shuanghui's offering in the Chinese market, especially the high-end pork product segment, said Wang Xiaoyue, a senior analyst nike free sko with Beijing Orient Agribusiness Consultants Co. Ltd.. Wang said the deal's impact will be mostly felt in the Chinese market, as it will boost Shuanghui's competitiveness against its domestic rivals in low-temperature nike run sko meat products. He added that Shuanghui may also use domestic-raised pigs to produce pork products sold in the Chinese market with the Smithfield brand. Shuanghui came under public criticism in 2011 for its use of billige nike sko pork containing clenbuterol, a chemical banned in China that makes pork leaner but can cause health problems if consumed by humans. However, the U.S. Food and Drug Administration allows the use of ractopamine, a nike sko free similar additive that increases lean meat growth, for commercially raised pigs. It has been reported that 25 percent of Smithfield's pork exports go to China, and the company removed the additive from pig billige nike free feed in 2012, in a bid to export its products to countries that ban such practices. According to the deal, Shuanghui will pay 4.7 billion dollars, or 34 dollars per share to Smithfield Foods, a 31 percent premium nike free norge to its Tuesday closing price on the New York Stock Exchange. Shuanghui will also assume its debt, thus bringing the deal to a total of 7.1 billion dollars. In a bid to ensure the safety of its product, Shuanghui free run sko has strengthened quality control and stepped up monitoring of its pig supply, the company said in a statement. Chinese automaker FAW Group Thursday officially launched its Hongqi H7 sedans in a bid to gain a nike free run dame slice of the country's lucrative high-end passenger car market dominated by foreign brands. The H7 model, which came out following FAW's efforts to revive the Hongqi, or Red Flag, brand, is the country's billige nike free run first self-developed high-end passenger car model. FAW introduced five H7 models, which are available at prices ranging from 299,800 yuan (48,511 U.S. dollars) to 479,800 yuan (77,637 U.S. dollars). "FAW developed nike free run norge and accumulated many self-developed technologies and this has made us determined to make the high-end Hongqi cars," said Li Jun, head of the technological center at FAW Group.llw