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Consumer price inflation remained steady for the seventh straight month in May,[link widoczny dla zalogowanych], Statistics Korea said Monday.
Consumer prices rose 1 percent on-year in May,[link widoczny dla zalogowanych], the lowest increase since September 1999 when the figure stood at 0.8 percent. The inflation rate fell from 1.6 percent in November last year to 1.5 percent in January this year and 1.3 percent in March.
Statistics Korea said the decline is due to sluggish demand resulting from a prolonged economic slump and the falling prices of agricultural produce and oil,[link widoczny dla zalogowanych].
The good weather this spring led to an abundance of farm produce,[link widoczny dla zalogowanych], which caused prices to drop sharply. The price of vegetables fell 9 percent on-year,[link widoczny dla zalogowanych], and of fruits and grains 1.3 percent and 0.3 percent.
Gasoline prices fell over 2,[link widoczny dla zalogowanych].5 percent compared to April,[link widoczny dla zalogowanych].
The prices for major necessities rose a mere 0.2 percent on-year in May,[link widoczny dla zalogowanych], a record low since statistics began in 1996.
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Game developer NCSoft donated W10 million to the CCK's provincial chapter and 500 bikes to the city. Hyundai Wia, a locally-based automotive parts manufacturer, delivered bicycles to 14 households who rely on adolescents as the main income earners.

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commercial bankCao Tong vice president
once again, China's shadow banks, most are limited in the traditional direct investment category, in the real economy against the background of a part of the business of commercial banks to replace.
China CITIC Bank think, shadow banking financial transaction is still relatively small, innovation should be encouraged in this area. Shadow banking financial transactions have guidance and innovation effect very good on the innovation of commercial banks.
Cao Tong thinks, the main risk of shadow banks is credit risk and moral risk. For regulators, which should limit the shadow banks leverage,[link widoczny dla zalogowanych], don't let it have much leverage, but do not let it will market risk transfer out,[link widoczny dla zalogowanych], so the risk is controllable.
Research on financial
>
second,[link widoczny dla zalogowanych], Chinese shadow banks did not enter the asset securitization category basically, source of funds and traditional commercial banks are very similar, mostly from depositors, is the direct trust funds.
Cao Tong said,[link widoczny dla zalogowanych], domestic commercial banks lack of financial innovation in many aspects, cause the business elastic is too low, the deposit and loan accounts for almost 80% of all business,[link widoczny dla zalogowanych], and loan to deposit ratio and almost to the ceiling, through asset securitization can transfer a portion of the loan to precipitate out, and this requires the shadow banking financial transaction, or shadow behavior to guide and promote,[link widoczny dla zalogowanych], so should get support and development to a certain extent.
shadow banking is a supplement of
economists and bankers at day 20 to 2011 the Fifth China bankers forum said, at present the shadow banking is a supplement to the commercial bank business is very good, is not sufficient to supplement the folk financing and private financial services. For regulators,[link widoczny dla zalogowanych], should limit the shadow banks leverage, to avoid the risk transfer.
"shadow banking is the global capital market and financial market development trend." China Europe international business school finance professor Huang Ming think, the shadow banking is a trend of historical development,[link widoczny dla zalogowanych], the reason is too simple investment and loan way at present, simply can not meet the needs of enterprises. Enterprise financing, risk sharing,[link widoczny dla zalogowanych], to overcome and avoid the information asymmetry,[link widoczny dla zalogowanych], need innovation greatly. Shadow banks are in order to meet the market demand and the birth of a new.
and Cao Tong said,[link widoczny dla zalogowanych], Chinese shadow banks and shadow banks of western. First of all, China's so-called shadow banks, most is still limited in the indirect financing category of traditional bank, through some form of alternative, directly into the financing behavior of folk, most of this performance for financing in credit and equity capital financing.
the State Council Development Research Center Deputy Director Bason said, financial products should not be regarded as the shadow banks, because its role is different; the new financial products of innovation need, also is to a great extent escape control performance,[link widoczny dla zalogowanych], for example from the credit scale control and evade interest rate control.
financial products should not be regarded as a shadow banking
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Cai Huanglang for example, Slovenia is a country belongs to the Schengen visa, but also to the Taiwan visa free, but the site in Slovenia, "Taiwan has been listed as a part of china".