Top 100 richest people in China

Top 100 richest people in China

Liang Wengen, chairman of China's heavy machinery maker Sany Group, is the richest person on the Chinese mainland with a net worth of US$ 9.3 billion, moving up from the third spot last year, according to the latest China Rich List released by the Forbes magazine yesterday.

Liang also bragged the top spot of the Hurun Rich List 2011 released Wednesday by the Hurun Research Institute. Beverage tycoon Zong Qinghou of Wahaha, top rich on last year's Forbes China Rich List, slipped to the fifth place this year.

Along with Liang, three other entrepreneurs with Sany, namely, Tang Xiuguo, Mao Zhongwu and Xiang Wenbo, are also included in the list.

Robin Li, co-founder of China's dominant search engine Baidu, came in as the second with a net worth of US$ 9.2 billion. He was followed by Liu Yongxing, chairman of the East Hope Group, China's largest animal feed producer with US$ 6.8 billion

The number of billionaires among Chinese mainland's richest 400 people rose from 128 last year to a record 146, second only to the U.S. which has 413. The total wealth of these 400 people was US$ 459 billion this year, an eight percent increase from US$423.2 billion a year earlier.

Some thirty of the top 100 on the list are partly or entirely engaged in the real estate area. Of the top 10, three are from the real estate: Liu Yonghao and his family, board chairman of the New Hope Group, partly engaged in real estate; Hu Yajun, chief executive of Longfor Properties; and Xu Jiayin, board chairman of Evergrande Group.

from - here

Sony Breaks Online Banking

Sony Breaks Online Banking

Sony did not want to make my living room, you want all your money, too, has launched its latest push to the consumer finance Monday with the release of the Sony Bank. Sony's new bank, which holds 80 percent, in line operations. SOLE has established a banking giant and offline Japan, Sumitomo Mitsui Bank and JP Morgan Chase, which holds stakes of 16 percent and 4 percent respectively. Sony Bank hopes to attract 400,000 customers within the first three years of operation, and 600,000 in the fifth year of operation, according to Sony. Customers will be able to use a wide ATM network of Sumitomo Mitsui to deposit and withdraw cash, while JP Morgan has created a financial management software to be installed as part of the service. Apart from the yen as the Bank also offers investment, investments, loans, auto payments and other services that the command within the first year of operation, the bank also hopes to open a bank account. countries, providing credit and home equity loans. Using a combination of intelligent software to the site of the Bank and Sony Bank ATM network is established as a deposit of $ 5 billion after three years. Financial asset is not new to Sony, the company is engaged in insurance business and also conducts leasing and credit finance companies in Japan, Sony Finance International. The company hopes to use the Internet to tie these services together to reach their customers. In the same home network, you need to connect to the network and electronic products to help corporate customers directly to the content

China cleans up raw milk industry

China cleans up raw milk industry

BEIJING - China has done to clean up the raw milk industry to ensure the cradle of the industrial chain. But some experts say that countries with very low standards. Gu Jicheng, Secretary General of the China Dairy Association, said the company has a total of 6890 station just in raw milk during the three-year campaign that began in 2008. In the wake of a campaign that included 13 503 stations and 7980, the transport of raw milk, raw milk around the country are under investigation by local authorities, Gu said in an interview with the public every day. "All stations are now running one of his farms, cow, or a cooperative formed by farmers," Gu, used to increase the mechanical milking and 87 percent of 51 is almost three. years ago as an example of better hygiene standards, he said. Nevertheless, Guo Benheng, president of Bright Dairy and Food Standards said that raw milk in China has nearly the lowest, according to a report Sunday Sina, a leading online media. Standard milk proteins of the country and the colony forming units (CFU) is much lower than those of the United States and the European Union, the report quoted Wang Dingmian, industry experts. "The international standards for dairy industry must also investigate antibiotics and nitrites in raw milk, but China has not made such a request," Guo said. The reliability of China's dairy sector has been severely damaged in 2008, when the milk laced with melamine, a chemical added to milk to make protein that seems more and more children have been sickened almost 300,000. killed at least six Processing Technology of China dairy products are among the best in the world. But the problem is low in raw milk, Guo Benheng said, adding that the priority should be focused on improving the quality of raw milk. Since 2009, the company has given priority to safety and supervision of the milk and break down in strict accordance with the laws, such as adding melamine to raw milk. It also controls the quality of the leading countries in January, a statement that the dairy will be a new production this year and those who are weak in quality assurance can be turned off. By the end of March, only 643 dairy companies in all 1176, the company has passed the test, Fazheng Ren, a professor with the China Agricultural University, said. Ren said that the review was to promote the restructuring of the dairy sector and the development of national quality and safety of dairy products like milk, both in output and consumption growth over the year. According to the data of Ren, exported 21.59 million tons of milk per year, 48 per cent compared to 2006 while the per capita cost of dairy products by residents in 36 cities and 277 large and medium-sized enterprises yuan (43 dollars), up 40 percent compared to 2006