Differentiation of non-ferrous metals prices is inevitable Baotaigufen 2008 Yunnan Tin in Jiangxi Copper ...

 Southwest Securities: 2008 Differentiation of non-ferrous metals prices is inevitable
Investment Summary:
1,2008 global economic slowdown will be the trend, its impact will be mainly reflected in the demand for metal products, metal prices will also Therefore the test. nonferrous products as commodities attributes much greater than its assets, properties, and its price more reflective of changes in supply and demand, future changes in supply and demand fundamentals of different metals, metal prices will inevitably lead to the differentiation, we even believe that this trend will inevitably.
2, next year we are optimistic about the varieties of non-ferrous metals are lead, aluminum, titanium, copper and so on. We think next year could lead to new high prices, the annual average price will reach around 22,000 yuan; aluminum prices remain at 19,bailey UGG boots,400 yuan / ton level; for copper next year, we are cautiously optimistic, the annual average price around 58,000 yuan; neutral on tin prices are expected to average 13.2 million per years; Nickel is not optimistic about the estimated average Nickel prices to fall to 25 yuan / ton; we are the least optimistic about the zinc, the average price of 19,500 yuan next year or so.
3, we believe that next year the investment value of non-ferrous metals industry is the most extensive growth that has business. In recent years, a larger domestic and international mining environment changes, especially the continued tightening of domestic government regulation and control measures, access conditions the industry has introduced, with tariffs, foreign investment and other related policy changes, we expect non-ferrous metals large number of sub-sectors of industry consolidation will occur, we recommend attention to those with government-backed enterprises, such as Zhongfu Industry; attention to those funded with the expansion of powerful enterprises, such as Western Mining; attention to those likely to be the central goal of enterprise integration colored old state-owned enterprises such as Tongling Nonferrous Metals, etc..
4, we believe that non-ferrous metals industry will still be a hot investment in 2008, while the epitaxial growth of non-ferrous metals industry will be the next most significant feature, maintain the non-ferrous metals industry the market to pay attention to the background of this global economy, according to the latest IMF and the major economies of the world's economic growth rate forecast, despite the 2008 overall world economic growth will remain at 2007 levels, but the major developed countries and emerging market countries economic growth will slowdown. Meanwhile, we also note that world economic growth next year, still maintained a high growth level of the last three decades.
the other hand, developed countries and emerging market countries appear OECD leading indicator the differentiation. OECD leading indicator is often used to expected future changes in industrial production for six months. industrial production activities are the main factors driving demand for metals, it usually reflects the OECD leading indicator of industrial production and economic development needs of the early warning of metal device. The latest OECD leading indicators developed and emerging market countries OECD indicators were divided, developed by the U.S. economy was the impact of the subprime crisis, the OECD leading indicators show a steady change in the early growth turned slightly callback, Japan, OECD leading indicators is a new low for several months, suggesting the future if the U.S. subprime mortgage crisis continues to expand, the major economies in Europe and America demand for metals is highly likely decline; the emerging markets remained strong leading indicator rise, indicating demand growth in emerging market countries will continue to be the main factors driving metal consumption, which will offset to some extent, the economic slowdown because of the developed countries to the global metals the negative impact of aggregate demand and promote solid growth in metal consumption.
slowdown in economic growth but also in purchasing power. developed PMI index and industrial production has a strong correlation, PMI index can predict future economic trends. U.S. PMI index overwhelmed by the impact of the subprime crisis has 4 consecutive months of sharp decline in October PMI index of 50.9 is reached, close to recent lows, but the declines have been signs of relaxation. Although domestic PMI index also declined in recent months, but temporarily maintained at a high level. We believe that 2008 will be a slowdown in global economic growth trend, but also non-ferrous metals industry needs to face environment, its impact will be mainly reflected in the demand for metal products, metal prices will therefore be tested.
1.2 in emerging markets will continue to drive growth in metal consumption a major force behind
although in recent years as the representative of the Chinese metal consumption in emerging market countries, the world's metal consumption accounts for 50%, but its per capita metal consumption remains low, only a fraction of the developed countries. With the economy continues to boom, accelerating urbanization, huge population base and low per capita consumption, are harbingers of the emerging market countries in the huge potential demand for metals. recent years, domestic consumption growth, while the metal world metal consumption growth has accounted for 70% of the amount, but still has great room for growth. India, Russia and other emerging market countries has 4 times the total population of China, if only copper 7kg per capita consumption calculation, the future need to consume 30 million tons of copper. As these emerging market countries gradually into the industrialization and urbanization, age, contribution to the world economy will be growing, we believe that emerging market countries become an important driving metal consumption growth promoter.
1.3 RMB appreciation trends do not change
is widely expected, the RMB will continue to appreciate significantly. RMB appreciation will reflect the relationship between domestic and international metal prices of SHFE and LME price ratio constantly changing, even lead to one of the arbitrage opportunity. RMB appreciation will also have non-ferrous metals industry, import and export trade of raw materials and products have an impact, non-ferrous metal industries and enterprises will also be because of the different industry chain in which the location of the affected differently .
2.
inevitable differentiation of metal price movements in the trend of the weak dollar, pushing up the excess liquidity of dollar-denominated assets, most of the price, such as crude oil, gold prices continued to rise. This two years, the price of non-ferrous metals and therefore a substantial rise in the prevalence, but we noticed a variety of non-ferrous metals futures price increase was significantly higher than without futures variety, in which the CTA apparently played no small role, They pushed up the futures trading price of the metal to make it deviate from the normal price mechanism of supply and demand, and thus on the spot market also had an impact. U.S. subprime mortgage crisis, CTA appears to avoid the risk of large-scale evacuation signs of commodity trading markets, resulting in short-term part of metal prices falling significantly. We believe that non-ferrous metal properties as a commodity much greater than its commodity asset property, its price will reflect more changes in supply and demand, future changes in supply and demand fundamentals of different metals can cause the differentiation trend of metal prices, we even think that trend will 不可避免 Zheyi.
2.1 Al - prices rose steadily, the China factor was
LME aluminum prices in May 2006 reached historically high point of $ 3,275, have been maintained at a high level consolidation between 2400-2800 dollars. RMB to 05 by the start of the continued appreciation of the impact of aluminum price ratio of domestic Shanghai aluminum and ethics continued to weaken, more recently dropped to a historic low of 6.85 short-term requirements of a rebound, if they consider the cost of tariffs and other factors, we believe that reasonable parity should be around 7.3.
the demand side, the United States in recent years, dragged down by the slowing economy, the amount of new housing starts have continued to decline, Recently, is subject to sub-prime mortgages and deep down, people are worried about the subprime mortgage crisis, expansion of the trauma the U.S. economy, Japan's economy will be affected, the future of the United States and Japan are likely to reduce demand for primary aluminum. On the other hand, with China representative of emerging market countries and the European Economic fundamentals remain good, especially China has replaced North America as the world's largest consumer of primary aluminum market, we expect the demand for primary aluminum in China this year will account for 30% of total global demand. domestic electricity, car, public transport, the rapid development of real estate and other areas will continue to drive the next few years the demand for primary aluminum. the domestic aluminum industry is expanding rapidly in recent years, the future of China is expected to become the world's aluminum center, we expect 2009 domestic aluminum production capacity will add 500 million tons, more will be in situ digestion of primary aluminum, primary aluminum demand is still strong.
supply some new changes. General Administration of Customs (GAC) information display, Recently domestic bauxite imports surged, changing the usual import of alumina-based model, apparently domestic alumina production capacity was a great release. National Bureau of Statistics (NBS) also confirmed the news of our judgments, 1-10 months totaled 15.98 million tons of alumina production rose by 50%, of which more is hit in August a new single record of 1.74 million tons per month throughout the year is expected to exceed 20 million tons. Australia has 06 FOB price of alumina The $ 630 in March fell to 340 dollars at present, the domestic alumina prices fell to 3350 yuan / ton, but taking into account energy and rising shipping costs, we believe that the future of alumina prices likely to remain at that level. electrolysis aluminum, China's primary aluminum production also hit a new high this year, China's output before the September year on year the proportion of total global production rose from 27.2% to 32.5% of the global primary aluminum is basically incremental contribution from China. We believe that China increase in primary aluminum production was mainly due to early problems of power shortage aluminum and alumina industry, high prices and other factors gradually ease, the small production capacity of electrolytic aluminum plant to recover the original, but the State Development and Reform Commission recently issued the conditions, tons of production capacity, but we think the short term pattern of world primary aluminum do not have much impact, China will still be the main factors affecting the world's aluminum. of last year, China began to levy 15% of primary aluminum exports,Bailey UGG boots, the export duties a significant reduction in the primary aluminum exports, the recent news that said it would likely continue to increase export tariffs on primary aluminum, the international aluminum market will become more tense. China from August 1, 2007 from non-alloy aluminum bars, rods collection 15% export tariffs on aluminum exports dropped sharply, we believe that China's future may even become a net importer of primary aluminum.
next year, we expect aluminum prices to steadily, the annual average price of 19,400 yuan / ton. We like to get in the expansion of production capacity of electrolytic aluminum, fabricated aluminum electrolytic aluminum with leading-edge technology companies such as Zhongfu Industrial, off of aluminum stock, and other public and Xinjiang.
2.2 Copper - Copper is expected to be high , concerned about the addition of copper concentrate self-sufficiency rate
early release because of the huge demand from China, the price of copper was $ 5,500 from $ 8,800 on the straight, the LME copper price this year is not much ups and downs, most of the time at 7000-8000 dollars between shocks. Shanghai copper and the relative price relationship between Copper & also because the appreciation of the yuan gradually tend to be reasonable.
copper demand in the future, we believe that this situation may appear, the traditional areas of copper consumption in North America due to the Housing inhibition of the real estate market sluggish demand for copper,UGG shoes, while China and other emerging market demand will grow rapidly. ICSG latest data show that the world's first 8 months of this year, consumption of refined copper rose 7.5% year on year, with China up 38 %, the rest of Asia and Africa were up by 4% and 7%, while the Americas, Europe, consumption of copper is about 2.3% of the decline occurred. refined the main consumer countries to emerging markets also showed signs of metastasis, the first six in India March copper consumption grew by 14.6%, an increase of 3.0% in Brazil, Russia grew by 3.6%. Although the current volume of copper consumption in these countries is not, but, as we mentioned earlier, as to the different stages of economic development, copper demand will gradually be released. We also note that the North American market demand for non-housing sector remains strong construction, copper consumption will not decline substantially.
the supply side, the strike has become the supply of copper concentrate the main factors. This year, from Africa to South America, from miners to the railway workers, the strike continued to spread like a plague, so the tight copper concentrate market to worse, we believe that this situation will not change soon. Large the location of the majority of copper poor infrastructure, energy, water power shortages, political instability and the global credit crunch caused by the limited new mine supply of copper concentrate also contributed to the cause. mining and smelting sectors but also radiate down capacity utilization trend, evident tension of copper concentrate, the domestic copper concentrates, scrap copper imports and increase domestic refined production point of view is not large but also illustrates this point. According to British research institutions Metal Bulletin (MBR) of the statistics, 08 possible start of copper concentrate terms of copper content by about 70 million tons, plus the potential contribution of wet copper cathode production of about 60 million tons next year, the amount of copper added 130 million tons only. If our domestic copper consumption If 5% per year rate of increase estimated, the additional consumption will reach 20 million tons, equivalent to a large copper mine production, we believe that next year, although the copper concentrate market, the situation may appear a small amount of surplus, but the supply of copper will remain very tight.
take into account the inventory is still low, we are cautiously optimistic for next year's copper prices, copper prices are expected to reach 58,000 yuan / ton. copper concentrate supply, the copper smelting enterprises simply profit will be more difficult, the processing fee will be at historically low levels, the proposed self-sufficiency rate and focus on those resources, expansion of capacity of the company have the resources, such as Yunnan Copper, Jiangxi Copper, but also may be concerned about those who engage in deep processing of copper make stability of the processing fee to take the company, such as sea bright shares.
2.3 Lead - Supply is still tight, resources for the year is undoubtedly the king
lead the most shining star non-ferrous metals, LME lead prices of $ 1,600 by the beginning of the straight $ 3,800, or up to 140%, indeed, surprising.
ILZSG latest data show that prior to September this year, the world consumption of refined lead rose a modest 3.7%, China has become the main driving factors of refined lead consumption, China's refined lead consumption rose a strong 20.5% over the same period in Europe, the United States and Japan have different degrees of decline. the field of automotive batteries and industrial batteries are still the main consumer market of lead, refined lead accounted for 80% of total consumption. In recent years, as auto parts manufacturer battery production line gradually moved to the China and Asia as the representative of emerging market countries and regions, so this year from January to July in China and Asia accounted for refined lead consumption in the world, respectively, 31.3% and 49.5%, we believe that this trend will long remain. In recent years, the domestic auto production more than 20% maintained an average annual growth rate, but thousands of car ownership in China is still low, the future of Taiwan's new middle class, a massive amount of growing demand for cars will drive the consumption of lead. We believe that some time in the future China will remain a significant consumer of refined lead, other emerging market countries such as India will gradually become a big consumption of refined lead. Also worth noting is that lead in Application of the field battery replacement for a lack of obvious.
toxic lead often is seen as very few people are willing to mining it, resulting in only a handful of the world's large lead mine, a mine cut any of the world supply of lead are enormous. existing as a lead concentrate of zinc concentrate is often associated with products emerging, associated capacity is limited, which also led to a sharp increase when demand, supply shortages occurred. current year but also because of the lead ore kinds of problems can not function properly concentrate also makes the international market supply tight, such as the annual output of 100,000 tons in Western Australia's Magellan lead mine because of environmental issues has been outstanding after the suspension of shipments, the latest news that will be the fastest in 08 years Start delivery; the same is located in Australia, Mt Lsa and Cannington mine also cut production due to maintenance problems; in Indonesia planned to produce 85,000 tons of lead concentrates in the Dairi mine is also licensed for access to the forest had to postpone their projects later. We that short-term shortage of lead concentrates not fundamentally change the domestic slow growth in imports of lead concentrates also shows galena supply remains tight. China has 35% of world refined lead production capacity, but the collection of domestic exports of refined lead 5 % tariff, but also exacerbated the world's refined lead market tensions.
We are optimistic about the future price performance of lead, lead prices are likely to be high, we expect prices will lead next year, about 22,000 yuan. proposes a focus on a large number of lead resources companies such as Western Mining and the gold Lingnan; but also optimistic that in the secondary resources recycling, aggressive companies such as Yuguang Gold & Lead.
2.4 Ni - prospects are not optimistic that prices will down
LME nickel price this year, the change can be described as breathtaking, May LME3 once dated futures prices had reached record high $ 52,000 / ton, backwardation is as high as $ 4,000 / ton, but then again in 3 months slid 50% now back to the beginning of $ 33,000 / ton level. nickel sharp ups and downs, in addition to withdrawal by the large influx and on CTA, the roots in the supply and demand changes. year, nickel prices high and changes rapidly, one after another through the stainless steel plant reduce production or converting less nickel content of stainless steel 200 series and 400 high-priced deal to reduce the consumption of nickel, followed by a large number of domestic nickel pig iron production there, and phenomenal growth, mainly stainless steel manufacturers have announced direct procurement of stainless steel with nickel pig iron production, resulting in refined nickel-emergence of signs of excess nickel prices Zhixie.
future demand, the nickel price in turn prompted the return of a large number of steel companies began to purchase, especially because of pre-cut and adjust the product mix due to the high end stainless steel supply shortage will lead them on, while now the price makes them easy to accept the increase in inventory. It is estimated that in 2007 the domestic product in the 400 series stainless steel products will reach 2.15 million tons, 29%, an increase of 7 percentage points ; 200 series 26% of 200 million tons, down 3 percentage points; and 300 series only 45% of 3.45 million tons, down 4 percentage points; high nickel and low nickel declining proportion of products, we think it will be a long-term trend, the demand for nickel is a negative impact. in the automotive industry, stainless steel is gradually giving way to aluminum, magnesium and other light metal, stainless steel production, although we believe that increasing the future, but the growth rate of nickel demand is not large . the supply side, domestic and international large-scale nickel project have access to the output period, according to our estimates, the next two years is expected to bring 10 million tons and 26 tons of new capacity, such as BHP Billiton's Ravensthorpe project next year will bring 2.5 tons of production capacity, the domestic industry in Jiangxi and Guangxi Li Wei nickel project next year will bring 1 million tons of production capacity,UGG bailey button, MCC Ramu project, and the color Dagon Hill project in 2009 will enter production period. We also should pay attention to Most of these new projects for the development of laterite nickel ore, but to judge according to our knowledge, difficult to extract, its capacity will not be fully released shortly. In addition, we note that imports of nickel ore this year blowout like growth, but domestic refined nickel production was relatively stable, I believe a lot of nickel ore into nickel pig iron production. According to our estimates, domestic nickel pig iron production this year expected to reach 95,000 tons, up 200% year on year. The Government this year August issued an emergency production of pig iron nickel severe rectification measures, we believe that this measure will eliminate some small-scale enterprises with low level of technical equipment, but driven by profits, will not easily disappear nickel pig iron is expected achievements of some of the scale larger enterprises, the future production of nickel pig iron will largely affect the market demand for nickel.
us cautious in nickel prices next year, estimated average nickel price will drop to 25 yuan / ton. on related to the performance of listed companies next year, we are not optimistic about growth, in particular, is not optimistic about your research Platinum, which has a nickel laterite nickel resources are mine, more a lack of mature development of domestic technology.
2.5 tin - to left or right, look to the supply
Indonesia the world's second largest producer of Xi by the State of Indonesia Zhengdun tin of the country illegally, this year, LME tin stocks dropped significantly, LME tin price is climbing, the once high Zhishang $ 17,500 point.
WBMS data show that the first 9 months of this year the world total consumption of 266,700 tons of tin to reduce 11,300 tons over the previous year, mainly because demand in Japan and the United States were up sharply declined 27.4% and 14.5%. aluminum foil and Lead-free tin solder is the major application areas, but aluminum foil products, more and more challenges from the market gradually eroded, and in the field of tin solder is gradually replaced lead, tin in this market accounted for 50% of total consumption , mainly due to the EU starting in July 2006 for electrical and electronic equipment contains toxic substances restrictions (RoHS) directive. the directive the EU exports of electronics and electronic products to the EU manufacturers in other countries are using the solder use tin-based solder, tin solder increase from 60% the proportion of at least 96%, greatly promoted the consumption of tin. China, Korea, Japan and the United States some states have introduced similar measures. We believe that with this measure increasingly stringent and the continuous promotion around the world and the emerging Asian middle class, the huge demand for electronic products, all will lead the future consumption of tin, but tin consumption is still relatively small. the supply side, China, Indonesia and Peru China is a major producer of tin. Last October the Government of Indonesia on the mines and smelter in the country illegally were strict control measures, a total clearance of about 67,000 tons of production capacity, once supply disruptions caused by tin. Indonesian Government's new measures require smelting plant re-start needs to have its own legal mineral rights and mining, and meet environmental requirements, prohibiting the export of low-grade crude tin can only export refined tin. We believe that the provisions of this complex may limit the short term tin smelting capacity in Indonesia release. On the other hand, the domestic refined tin exports in recent months has been drastically reduced, to September that China has again become a net importer of refined tin. from the World Bureau of Metal Statistics (WBMS) can not be optimistic about the latest data, 07 9 months ago showed a slight excess of the tin market, the state, the first 9 months of total output reached 267,800 tons year on year reduction of 1,200 tons only slightly, showing other countries increased rapidly refined tin production, Indonesia's refined tin production may also is being restored.
refined tin supply in Indonesia is currently not very clear, next year we are neutral on price of tin, tin next year from 13.2 million yuan on average. If you can get a lot of Indonesia's production release of the price does not exclude will likely come down substantially next year, the performance is Tin shares to grow remains to be seen.
2.6 Titanium - Titanium surplus increased sponge, titanium demand remains strong
Recently, we have been building titanium sponge obtained List getting longer, such as Tangshan days He Titanium, Titanium Luoyang double Ruiwan Ji, Zunyi Titanium Oriental, southwest of Guiyang, Titanium, Titanium Panzhihua three sheep, Jiamusi City, Long Xin Titanium, Zunyi Titanium and other compliance Po and so on. We believe that the domestic Titanium market is undergoing significant change, the domestic titanium sponge production will be any significant excess. GAC data show that titanium sponge this year, exports of phenomenal growth, reversed the domestic titanium sponge long-term dependence on imports. sponge Titanium prices by the end of last year dropped more than 20 million to 10 million yuan to the present, signs of significant excess of titanium sponge.
the other hand, benefit from the continued boom in the aviation industry, especially for large commercial aircraft and a large number of new military equipment , the world demand for titanium showed significant growth. Boeing and Airbus, the world's two largest commercial aircraft manufacturer received orders for large twin-aisle aircraft also continue to increase, demand for titanium products will also play pulling effect to the obvious.
domestic demand for titanium products is also very strong in the sports and leisure, power and other areas of significant growth in demand for titanium, especially in other non-ferrous metal prices high, the substitution effect of titanium products, is gradually emerging , the current brass, stainless steel and titanium tube is quite the size of the price, that is brass, stainless steel or titanium tubes have been roughly the same time investment, and the corrosion resistance of titanium is much better than copper and stainless steel, which gives titanium tube provided the explosive growth opportunities. domestic large aircraft program, Chang'e program plans a series of Kuafu the development of aerospace titanium demand will increase greatly. So we are optimistic the market next year, the performance of titanium.
We are optimistic about the future performance of Baotaigufen growth Baotaigufen different from other domestic titanium with many foreign air companies certified, the cost advantage is Titanium foreign tycoons are not available, we expect to Baotaigufen more high-end titanium from aviation orders, recommends continuing concern.
2.7 Zinc - Zinc is not light, the recent London journey home
zinc and zinc have a substantial adjustment of Shanghai, the latest London Zinc prices in November 2006 the record high of $ 4,530 down 48%, this year has fallen by 45%, can be said that abnormal tragic. Shanghai China hit by zinc is in just one month Zhixie 30%. round down the value we think is a reasonable return, reflect changes in supply and demand fundamentals, on the other hand, zinc futures trading in China since the Shanghai zinc and zinc price ratio trend can be seen London, Shanghai and zinc significantly overwhelmed deep down of has its inherent adjustment requirements, especially in the appreciation of the RMB against the backdrop of the Shanghai zinc zinc parity was once London 10, is not normal.
before September this year, the world's zinc consumption rose a modest 3.3% year on year , less than the increase in refined zinc production, with China and the European consumption grew by 10.2% and 5.1%, while the U.S. consumption decreased by 7.9%. China's rapid growth in zinc consumption from domestic production of galvanized sheet rose sharply 53%, while U.S. consumption of most manufacturers use galvanized sheet stock to stabilize market volatility and reduce the demand for zinc. U.S. construction starts and auto production aspects of the data can not be optimistic about next year's zinc consumption in the United States may remain in this year level. European import large quantities of galvanized sheet in recent years, has accumulated a large inventory, consumption of zinc may reduce the future. In Japan, despite the large demand for galvanized sheet auto industry exports increased considerably, but the economic slowdown in Japan Obviously, the future demand for zinc in Japan may also appear reduced. domestic galvanized sheet production in the past 18 months has doubled 3 times, can not be optimistic about future demand.
supply, ILZSG latest data show 1-September world production of refined zinc rose 7.6%, growth was mainly from Australia, China, Finland and other countries. NBS data also show that the first 10 months this year, the National refined zinc output reached 3.038 million tons, an increase of 20.7% zinc smelting capacity in Taiwan for the release to get a lot of zinc concentrate imports increased dramatically also confirms our judgments. the international zinc project approached gradually started a few years into the output of next year, is expected to bring 1.6 million tons of additional volume. in the zinc concentrate is guaranteed and the capacity utilization rising, we expect future domestic zinc production is likely to be high, with international expansion on the part of the smelter, on the international market next year after zinc supply will more adequate.
we believe the zinc market is likely to occur next year, a larger surplus situation, the significant downturn in zinc prices, the annual average price dropped to 19,500 yuan or so. We propose to focus zinc smelting business, the excess will concentrate smelting costs rise, Zinc Industry concern.
3. M & A drama Jianrugaochao, or in booster
business growth in recent years, the international mining M & A events one after another, the World Bank in 1975 to 2006 2005 zinc, lead, nickel, aluminum and copper industries were the top 5 producers of statistics found that the industry concentration of several metals respectively 21.7%, 22.9%, 51.5%, 38.9% and 29.7% to 27.3% , 28.9%, 53.3%, 46.9% and 39.1%. Of course, to the recent merger and new entrants emerging constantly changing industry concentration, but is increasingly becoming a trend of industry consolidation, large companies are more ability to develop large projects, to avoid price risks, achieve better operational efficiency. We also note that more and more from emerging markets through mergers and acquisitions and integration of mining companies to become influential leaders within the industry enterprises, such as Brazil's CVRD acquired the old nickel production companies Inco, Russia and Russia as well as aluminum and aluminum Siberian aluminum assets of Glencore integration of the achievements of the world's largest aluminum company UC Rusal, India, Mittal's acquisition of a company through continuous jump to become the world's largest steel mill. While we were preparing this report, integrated mining producers BHP Billiton and Rio Tinto made a takeover offer. On the other hand, with the domestic non-ferrous metals in recent years, the continuous tightening of control policies, in particular, access conditions the industry has introduced, with tariffs, foreign investment policy changes, we expect industry consolidation will be difficult to avoid, even in the 2008 drama will be staged many mergers and acquisitions, and we hope our analysis through the following investment were found in which more investment opportunities.
3.1 Aluminum in Henan story
the past two years, Henan Province has issued a Eleventh Five-Year enterprises in the aluminum companies, the company East Hope Sanmenxia, Sanmenxia Cayman companies and companies in Luoyang Hong Jiang Wanji configuration. Dengfeng U.S. company, Sanmenxia Xiang Yi Pingdingshan Huiyuan Chemical Industry Group Company and to speed up the aluminum and alumina key focus of business enterprise or and reorganized. In aluminum, the Henan Province, proposed to power in 2010 Ikawa, Xin electricity, Jiaozuo Wanfang, Zhongfu Industry, Shenhuo Group, Group of 6 commercial power production capacity of electrolytic aluminum enterprises should reach 40 million tons, accounting for the proportion of the total size of the province more than 80%. the face of a large number of aluminum companies in Henan Province has proposed the building of seven aluminum enterprise groups, respectively Zhongfu Industry, Shenhuo Group, Jiaozuo Wanfang, Tianyuan Aluminum, Henan Hui Long, Alpha Henan, Henan Aluminum and aluminum. Henan alumina business and actively promote the integration between the aluminum companies, and integrated aluminum companies asked to participate in the annual production capacity to reach 30 million tons (or more) participate in integrated production capacity of electrolytic aluminum enterprises must reach 20 million tons (or more), can be shared and integrated manner, transfer, acquisition, merger and other ways. We note that the spirit of these documents recently Henan Province, municipalities across the province have completed the distribution of bauxite resources by Shenhuo Group, Allianz Group and Cheng Yi Yu established a joint venture in Henan Power Group is intended to integrate Henan colored aluminum industry.
Henan involved in this whole the integration of the aluminum industry, we are optimistic about the relevant advantages of electrolytic aluminum companies (listed companies) the performance in this drama. We believe that with the background of deep integration of seven aluminum companies, whether equity participation, acquisition, merger and other methods are not too easy, we are more inclined to aluminum dominant enterprises (listed company) in Henan Province is integrated aluminum companies, big their production capacity, plus ...

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A State Administration of Work Safety Study Group Fa 〔2009〕 2

 On the issuance of authorities branch:

now

March 30, 2009

Key words: study and practice the scientific concept of development △ issued notice

reported speech: study and practice the Scientific Outlook on Development Leading Group Office , State Committee of the Steering Group XV, State Administration of Work Safety study and practice the Scientific Outlook on Development Leading Group Office.

Aba Safety Administration study and practice of the office March 30, 2009

Contact: Zhou Li Tel: E-mail: 2822394@163.com

( 15 copies were printed)

in-depth study and practice the scientific concept of development

speech mobilization meeting on the safety supervision by the Secretary

Aba Rogo


state committee on in-depth study and practice very seriously, will send fifteen guiding inspection teams to conduct in-depth study and practice of supervision, inspection and guidance. Committee of the fifteenth state inspection group guidance, state deputy researcher Cai Guanghua straight Organs will be made an important speech, Comrade, and today the following, I study the views of the meeting of the Secretary, Bureau of depth to my study and practice about three problems.

First, enhance their understanding, the thinking of the central and provincial state committee of the major policies and arrangements

in the Party in-depth study of the scientific concept of development is made by the party's congress important strategy. March 24, State Committee held a second batch of the state depth study of the scientific concept of development activities mobilization meeting on the second batch of Zhouweishuji paternity Jun-depth study of the scientific concept of development activities, sets out clear requirements. State Committee of the Standing Committee of Ministers of the Organization carried out the specific arrangements of wood Wang Rong, decided to start from March 2009 to August 2009 in the state extensive in-depth study and practice the scientific concept of development activities.

Shi Jun, secretary in-depth study and practice required to be done in six to: First, we should further enhance understanding, earnestly study and practice. Departments at all levels should attach great importance to study and practical activities, in accordance with the Provincial Committee on the study and practice, and I state the requirements of the program of activities to further refine the program, implement the plan, to ensure the study and practice to achieve tangible results. Second, we must work closely with reality, focus, sharp features. Study the practice of advancing the current state of my tent action settlement and a new life, high-mid-levels at the village works to increase rural income and other livelihood projects; to treating the symptoms and do a good job building grassroots political power in Aba County in seven pilot areas, and gradually pushed the county in the pastoral areas, building firm basis for the anti-secession holding stability; be people-oriented, highlighting the scientific reconstruction, everything possible to increase the income of people in disaster areas, while the post-disaster reconstruction to increase the propaganda; Qi-pao, secretary in accordance with environmental remediation work on the importance of urban and rural written instructions, and further to deepen and enhance the level and effectiveness of remediation Link September, and to improve the mechanism, strengthen the rectification to ensure that the state environmental remediation work to achieve tangible results. Third State of the State should focus on overall objectives and to carry out economic development. Underdevelopment is still my main contradiction in the state, economic development, poverty alleviation is still the place to lead the masses in the state party committees and governments at all levels, the main task of study and practice the main task to grasp, through study and practice,UGG shoes, to further enhance the development of capacity, and promote sound and rapid economic development of my state. Fourth, we must closely safeguard stability and promote the anti-secession of national unity to carry out. Anti-secession should safeguard stability and promote national unity and combination of study and practice, through study and practice, to find and corrective maintenance of stability and anti-secession to promote national unity of the outstanding problems, to promote the anti-secession safeguard stability and promote the capacity of national unity effectively safeguard national unity and progress. Fifth, the grassroots level, mobilizing the masses, look for obvious problems, analysis of conflicts, and effectively solve the problem. State Committee of the Standing Committee, the state's Congress Standing Committee, state chairman of the CPPCC should take the lead grass-roots level, for the and write research reports. Sixth, we need innovative mechanisms to work hard. Study and practice activities, to innovative mechanisms, establishment of production as an important practical and well. Key to establish the following system: First, the governor, county reception day system, the implementation of every week, working closely with the masses; the second is a network monitoring system in the portal window to open to accept complaints from the masses, on the performance of construction, clean and honest administration, government affairs and other aspects of supervision of the masses and the full acceptance of complaints, to listen to suggestions views; Third, financial public system for all transfer payments, the use of special funds for publicity, the formation of sun-government, Sunny Finance; Fourth,cheap UGG boots, improve the bidding system do a good job bidding for reconstruction projects, to ensure no problems post-disaster reconstruction funds; Fifth, the exchange of cadres, and rotational system, especially important to increase the exchange of section-level cadres positions, rotation efforts, through the rotation, mobilize the cadres at all levels initiative to improve work efficiency; six urban and rural environment is to establish long-term mechanism construction and management, deepen the urban environment, and improve the urban environment and management. Seven is based satisfaction measurement system for the study and practice of scientific concept of development activities rub out the masses of the evaluation.

State Administration of Work Safety for us is, should strictly follow the state committee's requirements, adhere to emancipating the mind and the scientific concept of development, working closely with the current macroeconomic situation and the actual ABA to conduct in-depth study and practice and implementation State Commission, the state government on the new requirements for safety supervision work together, and to ensure production safety situation in the state's steady improvement of the objectives and tasks combined with the cadres of party members to strengthen the global political and professional quality combination of full understanding of the study and practice the significance of thinking and action with the central and provincial, state committee's policies and arrangements.

first in-depth study and practice the scientific outlook on development, is to adapt to major changes in international and domestic environment, and promote the state of scientific development, the urgent need to speed up redevelopment. Strengthening safety in production, is to achieve sound and rapid development of economic and social basis of the premise and guarantee. In recent years, the state closely around the state work safety committee, the state government to determine the scientific development, leapfrog development goals, the state committee, under the leadership of state government, and levels of evaluation system, increase from the source to prevent various types of accidents, strengthen grassroots work to strengthen areas of focus on special areas and strengthen the investigation and management of risks, extensive safety publicity and education, carry out a comprehensive safety law enforcement and severely deal with illegal production safety behavior, the state maintained a sustained and stable production safety situation. I state since 2005, for four consecutive years, died in the provincial government issued a control index control within the control targets, in 2008, the state dropped to 100 the number of deaths within the first time, a decline are higher than the provincial level. However, the results obtained with my current state of scientific development throughout the state, across the development requirements, there are still some gaps, constraints of some deep-seated safety problems not been fundamentally resolved, such as: enterprise security is still weak productive base, the main responsibility not be implemented, employing the security of migrant workers in particular need to raise the quality, safety mechanism has not yet formed a diversified investment, industrial and mining production safety system needs emergency response resources, establishment of reserves, and so on. Therefore, we must carry through in-depth study and practice, to further strengthen the sense of responsibility, sense of mission and urgency, improve work thinking, innovative institutional mechanisms to increase the safety supervision to monitor efforts to actively adapt to major changes in international and domestic environment, to ensure growth and development, livelihood security and promote safety, security and stability and promote harmony tasks carried out, in order to accelerate the reconstruction I state to provide a good safety environment.

Second, in-depth study and practice the scientific concept of development activities to strengthen party building in the new period, the party's ability to improve the necessary requirements. Separate from the Safety Supervision Bureau in 2005, I have appointed Board in accordance with state requirements to improve the ability to focus on safety supervision and monitoring, from strengthen the building, the start of building the work-style and performance, pay close attention to ability and advanced nature, this allows us significantly improve the overall quality, performance of their duties was markedly increased. But the new situation were the new requirements of work safety, some cadres sense of purpose, the overall situation, sense of urgency, sense of responsibility is not strong, strictly enforced, the work is not real, issues such as business capacity is not strong yet exist to varying degrees . We should, through the in-depth study and practice activities, party style, and discipline aspects of efforts to solve outstanding problems, further enhancing their ability to complex situations, to promote the scientific development of the ability to arm our minds with scientific theory, and further work style, solid work, and promote and promote the safety of the work.

Third, in-depth study and practice the scientific concept of development activities is the fulfillment of governing for the people, follow people are looking forward to further contact between the party and the people important way. Security relations of production of the masses and the fundamental interests of the lives and property, ensure workplace safety and implementing the scientific concept of development is both an important embodiment of the party is also closely associated with the inherent requirements of the people. We should, through in-depth study and practice activities to promote party members and cadres to seriously practice the Power for the People's governing philosophy, threw himself into the work safety supervision and monitoring to. The stability of the production safety situation should improve, as a measure of the importance of study and practice standards. Through in-depth study and practice, to further understand the security relationship between production and scientific development, recognize safety and people-oriented relationship, recognize safety and building a harmonious social relations, adhere to safety guidelines for the development of better performance the party and the people the sacred duty entrusted to us.

In short, the study and practice the scientific concept of development activities is the deployment of the state appointed an important political task, but also on the Safety Supervision Government Party cadres of a comprehensive test. We must enhance the sense of responsibility, to enhance awareness and carry out their activities through the solid and effective, a more profound understanding of the scientific development concept and essence of the scientific content, more resolutely implement the scientific concept of development, more consciously use the scientific development concept to guide practice, promotion work.

two realities, an accurate grasp of the requirements of the study and practice and deployment of

3 月 24 日 after the end of the state's mobilization meeting, leadership team also held a special meeting to study and formulate a Administration of Production Safety Supervision and Aba-depth study and practice the scientific concept of development activities, implementation plan, Currently, we have to do a good job on safety in production activities, actively study and practice, and strive to both hands, correct, the two promotion.

first, closely around the activities of the main line. Bureau of the study and practice I should focus on, the actual production work and carry out outstanding issues, focused on building conducive to scientific development of safety systems and mechanisms to improve the leadership of scientific development, the ability to promote social harmony. Specific measures: closely around the grass roots, good service business, the service resides in the whole process of production safety work, leaps and bounds in the process of promoting something. In the course of law enforcement to monitor the implementation of the first search does not fine, not fine review, seeking enforcement of the new breakthrough initiative to help enterprises improve production safety, to tackle the financial crisis, the adverse effects to help businesses forge ahead in tough to add new confidence.

Second, the accurate grasp of the basic principles. First, emancipate our minds. The degree of emancipation, direct impact on the depth of study and practice. We should always focus on scientific development to further emancipate the mind, so that thoughts and actions more in line with the Party's ideological line, more in line with economic and social development law, more in line with the party in power. Second, highlight the practice characteristics. And completion of the study and practice safety combine various tasks, and enhance safety supervision teams combined with the building itself, in applying their knowledge and combine study with work hard and strive to achieve practical results. Third is to uphold the mass line. We should give full play to democracy, solicit opinions, absorbing mass participation, accept public comment, the public recognition, people are satisfied with the effectiveness of study and practice as a measure of the importance of standards. Fourth, positive education. Focus on the protection and mobilization of party members and cadres to promote the scientific development of the initiative, focusing on self-education, focusing on implementation of the system, focusing on lessons learned, focusing on specific endeavors.

Third, carefully organized and implemented. Requirements under the state committee, the Bureau to study and practice activities. All party members to participate in global object is a focus on leadership and party members and leading cadres. Involved in a branch, 8 party members and cadres. Activities start from March 2009 to the end of August 2009. Study the practice of sub-study, analysis of inspection, the implementation of three phases, we have to carefully organize every stage of the study and practice.

first stage: the research study (late March to mid May). Focus on the research study, to discuss two aspects of emancipating the mind.

1, meticulous organizational learning research. Carry out The new learning content. Member cadres to seriously study Leading cadres but also and master. Learning new. Bureau and with the school. Council to participate in branch team members to seriously focus on learning organizations, leaders of learning to do; twinning assistance school. All party members and cadres from the twinning, in learning to help each other to exchange, together. New detection method. Academic writing. Of learned knowledge, learning in the next half-hour before the arranged time for party members talk about my feelings, talk about understanding and mutual exchanges, to reach a consensus; investigation school. Council Leading Group on a regular basis, checked from time to time members of the study notes and their feelings and experiences, to ensure learning. Textual Studies. Should correspond to known knowledge, learning test after training to quantify the effect of learning. Branch of study of not less than 5 times, authority members not less than 20 hours of concentrated study. To To be led leading group members to carry out research, take the lead in writing research reports and take the lead in sharing research results. Leadership team members, each of at least middle-level cadres to write a research report and carefully organize the exchange of research results, the in-depth research combined with the deepening of learning, serious sort, search of the scientific development, security, the outstanding issues. The same time with Studying strictly implement the (Five systems: time and attendance system; requested sick leave system; makeup system; study notes system; rest system. not at home. exchange ideas and general discussion of party members and cadres and the masses of combining large. To enhance their understanding, correct attitude towards learning, stop and carefully study and thoroughly understand the spirit, to really learn understand and at the same time focus on learning methods, working closely with practice, seek practical results continuously improve the political quality, theoretical training, and enhance political awareness, the overall sense of responsibility and sense of service, as the great debate and great thought to lay a solid theoretical basis for research.

2, emancipating the mind and well-organized discussion. focus carry out the implement the scientific concept of development, promoting both speed up and promote harmony and stability, increasing the accelerating development in the state do a good job under the new situation of work safety in the sense of urgency and responsibility. party members, especially leading cadres in our minds from those who do not meet the scientific concept of development concepts, practices and institutional mechanisms fetters, to further broaden their horizons, open thinking, open minded, this unit is not a scientific development, can science development, and how the scientific development, and how to achieve the guidance of scientific concept of development of the implementation of safety measures to implement the main responsibility for production safety in production enterprises and other tasks, to further unify their thinking and awareness.

second stage : analysis of inspection (mid-May to early July.) leadership convened special focus on democratic life, the formation of the leading bodies of two aspects of the inspection report.

1, carefully look for problems. adhere to the mass line implementation of the Work Safety Supervision Bureau to the county, township Safety Office, the business advice. The second is to expand outside. straight to the state departments, and units for comments letters issued for comment; to hold seminars, home visits, telephone, letter, e-mail and other forms, hazardous in the state to, mining, fireworks and other high-risk industries making extensive comments. The third is smooth hotline. Aba innings in a blog suggestion boxes, public telephone hotline, email, etc., quickly collect opinions of the masses . Fourth, the connection line. request the department offices to the provincial bureau superior counterparts, additional request in writing, door interviews,Discount UGG boots, telephone inquiries, etc., please their superiors specialized safety personnel visited the illegal business had been the administrative penalty; visits to assess the security situation in the three companies with poor grades; visit the new construction business, listen to their voices and help them solve practical problems.

2, the careful organization of democratic life. leadership team members should focus on further implement the scientific concept of development, strengthen the leadership team in accordance with the requirements of ideological and political construction, since the Sixteenth Congress the Party closely the development of the unit practice, leadership style in close contact The actual construction, in-depth look at the individual and team aspects of implementing the scientific concept of development the outstanding problems, the adverse impact of the international financial crisis is reflected in the outstanding issues, party spirit and style of construction of the outstanding problems, profound analysis of the reasons, to carry out serious criticism and self-criticism. democratic life will be held prior to seriously prepare to be undertaken between members of the team talk heart to heart, communication, thinking, increase understanding, strengthen unity. Bureau and to the that the comments are true, have the patience to listen to criticism and mutual criticism is sincere, under the ruthless self-criticism. democratic life should adhere to positive education, focusing on lessons learned,UGGs, focusing on improving thinking and understanding, not to engage everyone through. feature of democratic life may be appropriate to expand the scope of non-voting delegates, invited the Secretary for the global safety supervision officials and the county to participate, please superiors Commission for Discipline Inspection, party organizations, and other departments concerned and the Steering Group sent study and practice guidance. to organize life would make a good theme groups , in accordance with the requirements of scientific development find their own gaps and deficiencies promptly corrected.

3, well-written analysis of inspection reports. leadership of the inspection report to make full use of the research study and discuss the results of emancipating the mind and fully reflect the unit implement the scientific concept of development the actual situation, concise overview of the achievements, seriously sort out the problems, realistic analysis of existing objective and subjective reasons, especially the subjective reasons. to in-depth analysis of the current domestic and international economic environment the challenges of the unit and adverse effects, and fully reflect the units of party members and cadres in the guidance of scientific outlook on development to maintain stable and rapid economic development in the formation of a consensus effort to further clarify the direction of doing the work, the overall idea and major initiatives. Analysis of inspection reports to highlight the check issues, clarify ideas of scientific development, a clear focus on improvement measures that avoid the written report on the work. Authority principal responsible comrades of the entire process presided over the drafting of the inspection report. after the formation of the draft inspection report, the Secretary convened an enlarged meeting of the full discussion to appropriate way to listen to the views, repeatedly revised and improved, and report to the state committee in-depth study and practice of the Leading Group Office for review. on the leadership of the inspection report, to organize the masses to comment. to participate in deliberations of both the party members to have the unit should also be There are a number of basic units and clients representatives, with particular attention to absorb familiar with the situation, there is a strong party government capacity, NPC deputies and CPPCC members, experts and scholars, representatives of grass-roots units and client representatives. from the leadership team to focus on deep understanding of the scientific development concept is not deep, the problem to find whether the Right, cause analysis through non-transparent, clear regulatory thinking is unclear, possible improvements in areas such as appraisal is not feasible. adopt flexible and diversified ways, respect the comments of party members, so that a process of assessment by the masses up and down the exchange and reached extensive consensus process. good analysis of inspection reports and the result of the mass appraisal work reasonably determine the extent and manner of disclosure.

Phase III: implementation of the rectification (in early July to late August). rectification focus on the implementation of development programs, and focus on two aspects of the outstanding problems.

1, the elaboration of reform proposals. to analyze the inspection report, based primarily out of the outstanding problems for revealing and the need to improve the system, set realistic implementation of the rectification program. implementation of the rectification program to establish a notification system, reform the system to promote the implementation of the project, the implementation report of the rectification system, the rectification of the feedback system of supervision and rectification of such accountability system 5 system specific implementation of the rectification projects, implementation of the rectification clear goals and deadlines, clear rectification to implement specific measures, clearly related to leadership, the department's responsibility to ensure the rectification task implemented. formed after the implementation of the rectification program, in an appropriate manner to the party and the masses released make a public commitment.

2, focus on solving the outstanding problems. in accordance with the implementation of the rectification program requirements and concentrate on solving in-depth study and practice activities to solve the problem, especially in the central and provincial states carry out the Commission's decision deployment of people's livelihood and maintaining stability and security to maintain growth, and promote the development of much-needed reconstruction to resolve the outstanding issues, leadership, and party-party style, and discipline of the outstanding issues. to resolve the outstanding issue is to seek truth from facts, do your best, do what, what prominent problem to solve any problem, avoid formalism. rectification, it is necessary to help enterprises solve production problems in the process safety management, and promote fast development of enterprises. actively promote the building of leadership system, standard operating system for the construction team to establish from the the total requirements to new vision, new ideas, new paths, to strive to promote the control development, leapfrog development of the practice, further deepen the understanding of the scientific development concept, fully understand the central, provincial and state committee's decisions and policies is to achieve sound and fast economic and social development of a strong guarantee to fully understand the crisis, business opportunities, challenges and opportunities, and enhance implementation of the scientific concept of development the consciousness and firmness; further emancipate the mind in accordance with the scientific concept of development, the leading bodies at all levels and Party members and leading cadres in the scientific development of the units should not and can not be scientific development, scientific development, how to reach a consensus on major issues, the thinking into scientific development concept up.

- control over the development of new practices in the development of methods to achieve new changes. Through in-depth study and practice and guide all Party members and cadres, staff examine the scientific concept of development in the past, planning for the future, conscientiously sum up the work safety in production in recent years successful experience, grasp the law of development, innovation and development of ideas, enhance the development of positioning, change the development mode. focused around the key enterprises major projects, and vigorously strengthen safety supervision and services, and gradually establish long-term safety monitoring mechanism, and accelerate the scientific concept of development consistent with the safety mode of development, promoting the state to promote the sound and fast development.

- the complex challenges of the new situation were, in overcoming difficulties and march on to add new confidence. Through in-depth study and practice, to guide Party members and cadres to the correct judgments of dialectical thinking pros and cons of the coexistence of the macroeconomic situation, accurately grasp the profound international and domestic changes in the overall impact of the work safety supervision, in-depth understanding of State of the State and across the stage of development the actual characteristics of the area of safety requirements of the new issues and fully understand the safety challenges and opportunities facing, and earnestly study and practice results in crisis response activities into the confidence and courage to overcome difficulties, to secure strong growth into and enhance the strong momentum across the will to implement the scientific development, up across the development of practical action.

- art department were new experiences, reflected in the catch-up across the new as. Through in-depth study and practice, to guide Party members and cadres in a more broad perspective, a more open mind, a more open attitude, a more lofty pursuits, initiative to strengthen safety supervision the courage to face difficulties and problems seriously and learn from the advanced sector of fresh experience and further enhance the sense of urgency and responsibility to accelerate development; to learn from the broadened horizons, and further clarify the idea of scientific development, effectively transforming the experience of the advanced sector for the safe development of the new measures into people's lives and property protection practical actions, and always with a positive attitude to implement safety measures in place efforts to seriously implement the key initiatives to forge ahead in overcoming difficulties to higher demand comprehensive strengthening of the organization and leadership, and constantly create a new situation in my state of security and development.

- control of the people new hope, in improving the livelihood of the people on to a new level. Through in-depth study and practice, to guide members end result of their work on the protection of cadres and people's lives and property safety, and focus our work on solving the outstanding problems, and strive for the masses to solve problems, do solid work, good deeds, the masses are strongly effectively resolve outstanding problems in production safety. To New focus on striving to the development of enterprise security escort targeting members actively work as a good safety members, in-depth look gaps, strictly perform their duties, strengthen services, to do a good job in maintaining stability in the production safety situation across the state to provide a guarantee.

- the new needs of the control to stimulate vitality, seeking new innovations in the mechanism breakthrough. Through in-depth study and practice, the in-depth study and practice into the institutional mechanisms for the timely achievement of innovative and practical actions to the State Council of full, the entire process of comprehensive safety management and improve the state's overall level of safety in production, and promote production safety situation across the state was stable, and that the annual death toll from all kinds of accidents do not break through the control of provincial indicators issued to ensure that no re- serious accidents in production.

- Construction of new control issues get in the new upgrade ability. Through in-depth study and practice, to guide Party members and leading cadres in accordance with the scientific concept of development, to promote party reform and innovation governance capability and vanguard nature, and effectively strengthen the party spirit, to firmly establish and adhere to a correct outlook on life, business outlook and performance concept; in-depth study of the scientific development concept, and further change ideas, improve their work style, innovation and Law Enforcement enhance the operational level, and strengthen the quality and strive to create a politically qualified, working style, business skills, clean and efficient, dynamic safety supervision teams to accelerate scientific development, leapfrog development and provide a strong organizational guarantee.
< br> At the same time, in conjunction with the state security features production work, focusing on activities of the three carriers to effectively address security weaknesses in production, enhance the state's overall level of safety in production. First, to carry out safety, . Third, the safety supervision teams to carry out implement the scientific concept of development, promoting all kinds of enterprises to establish self-restraint, and continuously improve the safety in production long-term mechanism to improve the intrinsic safety level for production safety situation across the state to achieve sustained and steady improvement in laying a solid foundation.

three , to strengthen the leadership, to ensure the study and practice to obtain real results

depth study and practice of this activity is on my Board of Education leadership and a profound challenge, but also party members and cadres of the powerful ability promote and improve. PREFECTURE high hopes, great expectations for the masses. We must strengthen the leadership, co-ordination arrangements, meticulous organization, and the in-depth study, awareness throughout, and to emancipate the mind, reform and innovation throughout, and to solve problems, improve the system mechanism throughout, and to rely on the masses, and promote democracy throughout, adhere to the schedule subject to quality, to achieve substantial results.

(a) to strengthen leadership and clear lines of responsibility. Board has overall responsibility for leading group of units of in-depth study and practice, the main responsible comrades seriously fulfill the first responsibility of the person in charge of effective implementation of the leadership responsibility of the person directly. To enhance the in-depth study and practice of leadership, the Bureau set up the in-depth study and practice leading group, headed by me and other Board

A scent the air in the morning

 My dear, and I sat in the air conditioning is not willing to open the French window Tianhe Airport KFC breakfast. He does not ignore the major issue of air conditioning it, after all, I am also a vegetarian person.

incredible waves, so that their patience finally isolated the days of learning time, the light came too suddenly, the sun shine on the earth, but also shed my false eyelashes, so excited too good to be ah ~

feel like Superman, like hand-Yi Shen Men also washed the sky.

trance and confused with a vision to the Pudong International Airport, and why the airport to do so broad, appears too few people.

hey, then do not take me dear Bi Yanjing roller coaster. Faster than a roller coaster, roller coaster expensive than than the roller coaster super fun ~ cool

is too fast, not fun to go.

very kind dear, I have a reward under a magnetic cheese cake, but never expected that I can not wait to make it ever cool death evil idea was dear in the eyes, although not ridden a few times subway, but in my experience and see, especially the slow Shanghai Metro that I express the small cakes melt! ! ! !



followed it, we got a very cute orange house with one more lovely name is pudding.

dear to his extraordinary talent with the best solutions allow us to stay!

praise you,

like to see the cracks in the building from a distance near the Oriental Pearl, I feel distant, like a reach.

also like the name of that road, Emei Road, junction with large stone blocks, some trees and plants, and a road sign, feeling to go to a bustling city, but that is through the tunnel turn right
< br> city of innovation and old-fashioned product, it may not be enough money to transform the entire city, right, ha ha ha

After finishing the faces of waiting is too talented minds to take us night Chiu Hao Tai Shanghai.

see that is very simple and frugal too Yeah, we have the honor along with the Sunset Tower in Pudong Inter lost ah ~

but can go there and spend the time how nice it might be lost.

the famous Nanjing Road to bypass the formal, do not remember how we went to the new world, then, we see the opposite rows of Christmas trees. Uniquely shaped building, feeling the way a lot of smart and capable of Du Lala provide fast pace.

to the famous new world, drawing huge crowds, no time to glance right and left, my dear, said accounting positions, so we sit down, drink a glass of something on a good night. Led me to the impression of Shanghai Xintiandi is quite expensive, and more babes. Han's views do not remember.

next World Expo tour ~ ~ HOHO. Really feel very proud, my dear country is really rich and strong and prosperous ah.

saw a dark mass, and I want to go left of the heart is the right and especially wanted to stay.

Darling, said that today the weather is suitable for line O ~

so began our long Expo Road.

squeeze camera I'm going to the China Pavilion is estimated that more next row, the camera out the less chance.



, we've been to Museum of China, Hubei piano that I like, hey, is also a large Korean style fashion, Japan's very strange, a typical low-key does not reveal the Saudi rich. We do not see what the wait in line for the. Nepal have to say, my dear, where the rising sun bought a T-shirt, be cool, and by his DIY's ~ Oh, that cool. Aberdeen Aberdeen, my dear you know!!!

I was too seems like there are many differences on the line Yeah, kicking Men's, did not plan well. Haha



afternoon very tired towards our Chaozhuo Europe, and passing never mind, went to Europe, I stopped that no Wow,】

O ~ ~ want to go in to pick a French museum, Wow really like a good love, give me a really instilled a romantic impression. Much like the video of his,UGG boots, with that we circled over in Paris, we are moving, it is stationary.

willing to not come out,UGG bailey button, but also to the United States Pavilion, the impression is also very American, pure and simple with a very real thing to impress people, because there is no sense of historical precipitation cultural reasons. Hi like the U.S. film gives the impression of light, no surprise, or plain warm touch, a good first experience with 4D or excited ~

umbrella next days events, I can not be moved put into words the.

and we passed the bridge Romance in the Rain was very happy to discuss my really nice, really like our taxi sat across from the bridge to the old on the beach.

most important thing is talent night conversation with my dear, is the central theme of the Shanghai line, although I still show their impatience, but listened to a lot, but also a little bit, more worship dear friends, I hope not comprehend the genius and I stopped at the filled star according to the barbecue shop.



Shanghai strange, tall people oppressed Pudong and Puxi deliberately old concession and maintenance people feel, but it was their ancient charm with modern dress, and no vitality. Perhaps it is more willing to be laissez-faire getting old, but really beautiful beautiful. Distant in the United States should have in a rare city.

Goodbye



then happy to welcome paradise. To heaven that the world was light rain, all the way to a half bottle tree in the mist in the rain half the bottle, the air can definitely be brought out of water. I'm sure! ! ! True for a walk, go to my bad ideas, it leads us to the door had been in the ha, almost an hour in that time, we are not in the ha door, the door of the bus is on the go ha, ha ha ha ha



night to see the legendary General Lee, how do I remember that I saw last year, the smokers are not always like this, ah, ah how I remember the thin, I might only have eyes for you it, ha ha ha

night Lee asked me my dear general feeling, like I said, stop thinking. Feel their lives are very hard for it. Incomplete for a living, it seems that a sense of achievement is that this thing made. And self-confidence and ability to make obvious

is a small world, I see mostly a living to see the work of lunatics, the image can not help but tall up.

said good night, I slept particularly comfortable to sleep, I'd say the room had a lot of insects, it is moist, it seems a bit scary, but can sleep peacefully together, and felt through the curtains Light entered the room a little bit of good.



exclusive Hangzhou next day I told my dear, I good in join, cherish every minute. I would also like to go straight

mall, ha ha ha very depressed. I still contrived to go to the Broken Bridge.

got there, my dear, that boat, I say walk it, do not take two steps, so cold ah ~ ~ ~ ~

my boat and very cheap to say it,Bailey UGG boots, the front of the boat, Men can take an hour to find out, Oh, well, the boss pulled our negotiations, and said half an hour, we are literally afraid to account for less than cheap. Buyiburao.

just on board, I want to say you're the boss casually Plan for it, as soon as possible to dock it!



West Lake Heaven and Earth in the breakfast drink Starbucks coffee with cream, really super warm it! ! !

good Xiangbao quilt!



we went to ZARA., HM.IT. Honey, one by one to meet me, you're so great

but I have no interest cold, you are, so dear was I brought piracy Sichuan concept, I am also very angry! ! ! !

finished, we once again return to ha door, and then I brought one to be hidden by the Si Yanjing, everything was all I 忽悠.

my remorse. So to buy grapefruit to make up our hearts and stomachs were playing.

Hangzhou is still very enthusiastic. Very pleasing.

girls are short haircut, a little vain. And Hangzhou, as the air. Water content of the small can of people. Ha ha ha

my food with you a good time, or rather beautiful, although we always ha door repeatedly,bailey UGG boots, you can also always ha door side of the road with a smile, most of them do not remember jokes source , the framework is a very happy time

17:00 One day we walked in the rain, finally came to the door ha lake, my dear, lie, style not want to go, and I am looking for opportunities to stop down to eat grapefruit it! So dear and with his bad habits --- I quickly grab a seat. This is very bad

very Ay ~ dear.

dinner before departure ~ ha ha ha good to eat, there is to see people at work, I feel particularly different. It want to hear every word, oh my desire for knowledge is still very strong thing ha ha

Hangzhou, strange, is to allow people to enjoy into the strange, everywhere breathing gently in the water with, do not listen and feel, not aware of any flavor and natural sight the most natural to show it. West Lake Heaven and Earth is in the green grass, garden chair, the middle tree, just as it had that in there, did not intentionally build, almost every shop is floor to ceiling windows, the house into the lake and a tree. Lake and trees are the house.

bye.

now think of Hangzhou, is a large tree, some slightly wet ground, we pulled the box away I do not know there is water in the air still has the air of the water.

so good, and occasionally each other live together, and occasionally their own living. Quite satisfactory.

back seat sleeper car, I thought I would not sleep, the result down to the bed and fell asleep, woke up to the Ezhou, and sleep on the issue dear slightest sound, like I woke up, I rubbed his eyes and saw his smiling face probe out, I feel particularly good, his hand up, as if this action I just want to stretch, his hands are down, pull at me, feeling good, it seems We went to an unknown town Picai cooking over a fire. Now we come back, have put into their own lives work.

good.

31, thirty, shaking planning

 Obviously, the Yellow Emperor is to set out the devil and the reality.

devil is Wu Nai shook his head: My soldiers will resist people who died, there are most of the life and death do not want to do with my hands down my Asura beauty industry to enjoy the food, even if the lie that they say put them in hell King of Hell, they are still threw impermanence went to the underworld along with black and white. The results have been King of Hell to heaven do recommend going to a heavenly day!

Asura king will never know, of course, something caught his set of human preferences, for him to lure some of their lives. Do not know, there is one thing this world is worth all the temptations of human refuse, without fear of poverty, even at the loss of life to maintain!

this thing, I made do

wine had Sanxun, the devil is obviously a big drink. Began fraternizing with the Yellow Emperor, push mind set fu:
Therefore, I must have to go down to the earth, this time I have to succeed in ruling the mortal world! In this way, future generations will regard the human world I have respect for the worship of idols, after their death will come naturally to me Devil! Your sons are not human I Huaxia Guo has won it? However, there is not even taking advantage of my grandson's ambition to win the world, even to the Buddhist dishonest huh! Hua Xia Yiguo alone you add the population, or not enough to combat heaven ah! what? I do not know the story behind the brave generals, with ten thousand remnants in a small town outside of customs Ning repulsed I was thirteen million troops, but also broke my flesh! finally broke my big ... ... year, the brother is not the Huaxia Guo emperor, must have also heard of his prowess, so you let him stage when the 'thistle Governor of Liaoning Teachers' that you should help me get rid of him! that avenged me, my children and grandchildren have cleared the biggest obstacle to entry! Otherwise, I am afraid that is still a large queue of Liaodong Su Zhao people do!
Xuanyuan brother, is that you helped me a great favor, I owe you a big favor ah! Ha ha ha ... ! Xizai! injustice indeed! Ares criminal days!

devil restrained smile, which was then put on a pained expression: would certainly have sent him against me! I only reincarnation to the West, before the plague to avoid it! Luo Zimin's a!

32, XXXI, bully No. commit -

Asura world away from the Yellow Emperor, non-stop, no, it should be away. -

To the government's >
- Hades has finally heard of the Yellow Emperor to report in person, greet them: > Yellow Emperor interrupted Hades: , here is my bedroom, and now there are fifty-three realms of the ears will not hear our conversation! also feel so horrible reason: Ling Xiao heaven out of the palace there are a thousand years, you worked so hard to do in the world three generations were king, still unable to return to heaven, do you not see it, they simply do not want you back! br>
Finding out, devil flatter him,UGGs, his first world, even he agreed that, in any case not with

devil went on to say: means ... ... Nature is a cinch! Tri-Service General chieftains of my position at the moment is empty, why not get Xiandi? you my brother together, won the Three Realms. By that time, the palace of Emperor Ling Xiao throne, or by Xiandi you to sit! -

Consider how to respond to the legitimate Huangdi Si, his ears suddenly heard a familiar voice: !

this, even if he would not have turned it into ashes admit! -

Did not expect, ever since that year when the Emperor after he ordered the first three realms wanted a ! -

The Yellow Emperor, the so-called defeated, Jiuli tribal leaders ~ -

Now the history books, usually written as: -

-

Speaking of the

some scholars to research, nine Li You is actually one and the yen, Huang also a great character, he temperament generous and outspoken, war, courage, full of masculine beauty imperial generals, is worthy of a hero generation guise. And he had Huaxia Guo Southern Minority ancestors. In other words, Chinese people call themselves -

So, so great -

All this, the gift of worship the Yellow Emperor! -

A historian said that history as a girl, for humans to dress up. Means, we see the history, especially the official histories, as are all written by the last winner, and it has been distorted or tampered with history, rather than the truth out! -

Everything from

a saying that when the Emperor ruled the world, tribal rebellion Chi, Chi Yan beat, to please the Yellow Emperor to send troops to help. Yanhuang together in the -

Another way, under the As the However, especially in Dili Jiuli tribes have refused to accept the rule of the Yellow Emperor, Huangdi, and then Emperor in particular, -

According to this view, especially acts of God and later'd But the motive is the same is unknown.

Yellow Emperor and the Emperor's war, especially the very hard!

legend, especially in Dili has eighty-one brothers, they were all animal body surface, copper head Tiebi, good at making knives, crossbows and other kinds of weapons. God himself is long, especially with eight legs, superhuman, copper, iron head and the amount of invulnerability. Good use of knives, axes, Ge operations, die endlessly, very brave.

Huangdi not Lidi, please God helps the break of day. Killing Tianhundian, rivers of blood -.

called the Yellow Emperor ordered his men Should be highly intelligent dragon, to where to place in a low-lying camp Zhasai. And mobilize their soldiers dug ditches, the radius of all the water diverted to plug in their own camp. -

Particular, the Yellow Emperor Emperor's army was diverted to the Jizhou, when the world is a severe drought, thirst soldiers around but can not find a drink of water. So please, especially men of God -

Plan saw the dragon will be dashed, the Yellow Emperor is also located the altar to heaven. Heaven sent down to a called -

The history of the real situation may be like this: Mrs Di shaman practices falling, big wind and rain. So the Yellow Emperor also practice falling, the rain stopped. It was just a passing shower only.

Timor troops, especially because there is no water to drink, thirst numerous.

to the Yellow Emperor to Emperor general attack, especially when the fog suddenly heaven, the Yellow Emperor's soldiers were suddenly lost. Fortunately, the Yellow Emperor brought his invention of the guide car, for the lost soldiers pointed out the direction, and finally defeated the Emperor's army in particular, and captured the Emperor in particular.

science and technology, it really is the first fight.

heard Mrs Di trapped, another tribal leader stopped in the air! They clearly are in a race against the sun! However, when the braggadocio about

arrived at the battlefield, but especially in Dili have received the news of the defeat, while the Yellow Emperor also sent troops to cut off their return to the road east. He - and forces water into a predicament. Kuafu Wu Nai, have to continue west, hoping drink of water in the Yellow River and Weihe River.

wait for them to go between the Yellow River and Weihe River, but found that the drought for several months, the Yellow River and Weihe River has long been drying up, flood water in the residual heat of the sun was not enough brave soldiers of a forced continuous thirst! Hang around the pool while the other lakes of water and all the soldiers dig trenches to be cited should be long gone. Kuafu Wu Nai, decided to find some water on the Hebei along the Yellow River. Unfortunately, he died of thirst in the half on the road.

Kuafu dying, the exhaustion of the last effort had been leaning on his hand by peach stick deep into the earth, and to support the body he was about to fall.

but he eventually fell. The Okanagan peach has stopped, and there take root until later grew into a peach! This piece of peach, is the legendary

the War, should set the deal in the dragon, is Wild northeast corner of the Yellow Emperor to the closure of a mountain called the fierce mound south of the plow.

death became a pillar of the Yellow Emperor, the world experienced drought, the people pray for rain, please come out to be the dragon. Mindful of the Yellow Emperor, old friends, to all of the Dragon King ordered: If you see should be the dragon to pray for rain, responsive! Later, should be long dead, and then the drought experienced people to pretend to be the dragon looks like rain, the results can still seek to Dragon King rainfall.

Maybe the name should be that way long, and his original name has been lost.

short, especially in Dili eventually lost to the Yellow Emperor -.

particular emperor was killed in a maple forest, and his blood-stained red maple leaves, then should fall. So since then, Maple Leaf must show the red each autumn.

particular emperor was killed, his head is drawn into the Yellow Emperor in the Battle Flag, and to continue to subjugate the other tribes. Tribes, especially those who see the battle flag on the portrait of God, thought it was offensive, especially to the emperor's troops, even to have to without a fight! -

Yellow Emperor unified the Central Plains this, instead of the king of Yan as the Huaxia. -

Either way, all recorded in one common fact: Yan, particularly Emperor is a loser, and the Yellow Emperor is the final winner. As the winner of the Yellow Emperor

, record the history of overstating their natural glory to unlimited image as demeaning to the former ruler of Yan, while the losers, especially God can not help but to slander and defamation of the. -

First of all, especially God's call into a -

Second, the image of being portrayed as Chi eight feet, superhuman, copper, iron amount of the first monster, hate to sound to fear, shudder! -

And Chi's character, were portrayed as cruel, brutal, belligerent, bullying the weak, is simply the incarnation of evil! -

This way, Chi became a typical villain, while the elimination of the Yellow Emperor Chi became the unrivaled natural hero, savior, replacing the Emperor's throne is a matter of course. -

Yan Although the world lost the throne, but his great achievements indelible! To heaven on his death was the Great God Pan Gu as its successor, became the second Rentian Di. Emperor Yandi

cook after the appointment of the first release is September Liyou closure as

release appointments, he learned from the King of Hell, especially the Emperor did not report to the underworld, and his soul has been missing in the Three Realms! -

Later, the Yellow Emperor God Emperor of Heaven has captured the place, he issued the first warrant, is wanted in the Three Realms -

See the Yellow Emperor Chi You at the moment, his heart all at once the mystery solved. -

Turned out that he died to go directly to the Asura community, so heaven into the earth in the three realms could not find his soul. The devil just said that a long-term Strategic Planning and careful, no doubt, must now become the devil's

Yellow Emperor vaguely foreboding that one day the future, and will certainly set off a bloody three realms! And now, that was stunning two Holocaust mastermind in his own side.

we should understand, for He Huangdi to the Hades of the bedroom, or did not help to fear!

34, xxxiii, creative thinking

Emperor suddenly stood up, looking angry on the Chi for a long time, and turned to the Asura Wang: Nine Liyou mortal! let me associating with him, Shunan from life. goodbye!

Chi a look in the past, the two soldiers blocking the Yellow Emperor's magic way.

devil of a wave: .

Unfortunately, the devil before he finished, another wave: Unexpectedly, Wang Chi to insert a knife, make him come to naught. It seems the devil, the Yellow Emperor has no way out, but find it difficult to accept the Chi, and let him leave, having failed to make the outside, and sooner or later he will come back.

Unfortunately, he miscalculated.

Hades heard the Yellow Emperor in the Devil's face, black face can not help but have added a little more dignified.

He is also very well aware that the devil and Chi together, what it means for the Three Realms.

Yama said: announce his. because of the sensibilities, who do not want God to see his old enemy.

save my Chinese nation, which have no harm!



Yellow Emperor baffled. Hades has always been a bad guy Impartial, stern, and today it is ... ...

Hades stop laughing:

shocked about the Yellow Emperor, immediately become enlightened, to understand the meaning of Hades.

Sometimes, people often fall into the mindset, always think one way to solve the problem, is often laborious and not worry about the results. Others able to inventive, the use of

just come out like a ball point pen, the tip of the small beads smaller long-term wear and tear will fall out, the result document oil flow out of contaminated paper and clothes.

To solve this problem, people use various methods to adjust the ink formulation, with a higher hardness of the material in small beads, heaven pays off, after thousands of tests, finally, finally failed.

However, a small business owner in Japan experienced many failures in the future, suddenly a flash: Since the small beads always come out to wear out, it is less loaded some ink, so that ink in the small beads dropped out before the passing of ... ...

this way, he made the pen core, made a fortune!

There is also a farmer living in the Yellow River, Yellow River where he often saw people falling into the water, it was also rushed into the water to save people, save up some of the people, and some did not come up, there is not water-based Well, people do not come up, but one has to catch his own life.

the farmer can not swim, he later worked in the fields to the river, we need to bring a long rope. When he saw someone drowning, throw the rope he took over, and then it's easy to put people to pull up the shore.

it is often said that way they actually know, but that can not think how.

This time, the King of Hell to the use of his creative thinking, but also open up the Yellow Emperor's ideas.

Indeed, it is necessary to go to the world, in addition to reincarnation, there is another kind that is rapid, and convenient, but also painless way. But this method only after Yama's license to use.

this means is:

possessed.

Hades immediately summoned Ye Youshen the Explorer: Special Envoy to the world! Responsible for the detailed records of each person's life by doing good, and the number of evil, as a reward or punishment after his death basis. Small number, that is, one person. According to legend, they were hiding in the place where every man three feet, so the saying goes: large queue of several princes of the emperor and his current situation, to select the make the best candidate possessed Huang Xuan Yuan. -

Possessed, not the individual can be attached easily to find! If this is like the Yellow Emperor to be possessed of God, we must find an upright person. Because On the contrary, to be possessed by an evil spirit, we must find a an evil person. Therefore, if a person upright, is to not worry about Cthulhu possessed. -

The same time, the person must be possessed to be weak, or in serious illness, and because the lack of time this man yang, we go to ghosts swoop. - Ye Youshen were reported to the King of Hell, when North Korea is now engrossed in Buddhist emperor, although the upright, but he was in buoyant health, excessive yang, not possessed. -

And the Emperor is the third prince out of the ceiling at the moment, lives are at stake, the imperial doctor can not do anything, decided to give up. -

Yellow Emperor, a, words: pox, and you take his body, this life will be shown a pock-marked man.

Yama no longer forced to send a black and white impermanence escort the emperor's soul into the palace. Attached to the dying of smallpox, the emperor's three great princes who braids.

35, xxxiv, lasting one

the only three-seven-year-old Prince, modern medicine had the first severe infectious diseases as smallpox, this is life dying, all of the imperial doctor intrauterine been powerless, and even the emperor came to his decision not to him before. -

However, this extremely unfortunate children, but very fortunately, in the yang will do when the shade is attached to the body of the Yellow Emperor! Yellow Emperor's three souls and seven soul control the child's thoughts and actions, while the Yellow Emperor's body upright and gradually remove the children of smallpox cult poison. After three days in a coma, a miracle the child even walked back from the gate of hell! -

When three princes without medication when the news spread throughout the palace, all the imperial doctor could not believe, have to observe the referral, but they can not explain how this strange phenomenon, so he comes down for the ancestors bless.

father is ecstatic, as a Buddhist, he believes this is the result of the Buddha bless. So some will inevitably fall down before the temple to burn incense. -

Unfortunately, this emperor and his son must do when he cried for a long time was holding the results they have been infected with smallpox, it was not long before riding a crane to the West, Soul Bliss was. -

Dying before the emperor, accepted the views of a foreign missionary, because he had smallpox out of the three princes will no longer be infected, do not worry untimely death, he gave the throne to his successor to establish . -

Emperor're dead, this was only eight years old to become a Young Emperor. -

This child, did not know he was attached to the body, just feel a serious illness, coma, after waking, his suddenly full of wisdom and strength. Although the Yellow Emperor's soul controls the three souls and seven of his words and actions, but he did not know, I thought it was all his own decision. Thus, only eight years old, he was pushed by her grandmother began Chikamasa throne, has possessed the soul of the Yellow Emperor, so age is not a problem.

easy to describe, we might put the child was still known as the Yellow Emperor Huang Di possessed. -

This time, the Yellow Emperor came to power, and he encountered a similar difficulty on the I, that there was a hoodwink the DPRK, threatening imperial figure. But this time, this person is not of force is not only eye-eunuchs, it is the first home here in the military braids,UGG boots, not only trickery and cunning martial arts is invincible! So to solve him, light the battle of wits is not enough, we must also fight Yong. -

No way suffer from the Yellow Emperor, seven or eight years by the mercy of these generals,UGG boots clearance, just like a puppet. -

This day, the boy in the Yellow Emperor in the Imperial Garden to see a huge centipede into attack by a group of small ants, centipedes, although strong, but the potential public Jiabu Zhu ants, the ants eventually was subdued. -

Inspired by the Yellow Emperor, he convened a group of palace courtiers children to practice wrestling, and ultimately rely on them to a -

Yellow Emperor, the next question to be solved, called The actual leader of the three warlords, is guarding Yunnan Pingxi Wang

do ghosts when the Yellow Emperor, and recognized the identity of these three trees generals, knowing he would rebel. So he made -

Eight years of war fought to win the Yellow Emperor, the three trees due to defeat Anger General Cross, a disease Ming almost the end. -

But the general was dying, he finally proclaimed himself ascended the throne in place, after less than a year as emperor. - The Three Trees General, has now had three masters, but three rebel life, his name really should be: people can not be hanged in a laurel, the laurel should also be in the other two more died on the two times.

Huangdi finally smiled. -

Brother, then in the If you succeed, the older brother eventually will die in your hands. -

Brother a life I owe, owe him a throne for life, I have returned to his previous life was. But you die, I do not feel guilty.

did not think you lingering Zeixinbusi, was released from prison from hell, unrepentant, to achieve personal ambition at all as traitors, the brother a corner. -

Hum! Do you think the emperor is just a big queue of Mao Haizi teens simply can not be your opponent. I'm afraid you never dreamed, your opponent or your brother I am! -

Brother, you still lost your brother, this is the life ah! -

Get the -

However, the Yellow Emperor did not forget his main mission trip in their lifetime, and he spared no effort to promote national integration, to learn all the sons of big braids Huaxia culture, these people gradually included in the grassland Central Plains concept of civilization, will not worry about them soldiers, died and was the Devil's magic trick gone. -

Wenzhiwugong Yellow Emperor comprehensive assessment of this life, is beyond the ancient historians have argued that all the emperor, he also became the Chinese national history, the longest reign of an emperor. Known as the -

Although he this life queens, but because he is attached to someone else's body, so it is difficult to define the will of the Yellow Emperor or his possession of the will of the emperor himself big braids, so heaven will not hold him live this life style issues. -

This time, the Yellow Emperor was finally proud to return to heaven! -

36, xxxv general

heaven heaven once again started a new round of the Emperor for community elections. -

After comprehensive evaluation, the gods choose, there are three elections meet the election requirements of God, they are the Jade Emperor, Shen Nong and Huangdi. -

After thousands of years, the number of the celestial gods are constantly expanding, so the election to participate in the houses of the General Assembly a total of ten thousand immortals of the public.

this great god, is divided into three factions, some of heaven always support survivors of dignity, courage, domineering over all the gods of the sun god in the Yan Emperor, but his hot temper really offended a lot of gods, Therefore, some gods prefer gentle and elegant, plain near the Jade Emperor God is Rentian Di. - Also some of the later rise from the earth god heaven Pro, most of the Yellow Emperor as the reincarnation of a few comrades and the people when,bailey UGG boots, so to become the Yellow Emperor's loyal fans. -

No god after ten thousand ballot, the results figured out, so that all the gods stunned.

Jade Emperor, Shen Nong, Huangdi, the three gods are three thousand three hundred thirty-three votes, a tie!

when Buddha discovered the question: >
gods looked more fortunate, is the struggle over the original Buddha, the Monkey King was the monkey, the Monkey King! -

The gods all know, this monkey Despite the Buddha, but the bones were still in great anxiety, monkey do not change. -

Zhantan merit Zang Buddha asked: not I do not want to vote, but that the three disciples are eligible to God that day, no matter who I vote for this, not fair to the other two, so I want to wait the results of disciples out to vote for more than half of that bit. - who knows, was actually a result, I vote for this ticket no matter who also serves no purpose. things. Discussion by the gods, and now only please the Great God Pan Gu Yuanshi revere the God of Heaven come to decide the new election, then go to another chaotic world, infinitely distant messenger the responsibility and the task fell to fighting over the Buddha body. -

Monkey reluctantly: also weighs, and I can not go! Monkey no one afraid, afraid of the Tathagata, he feared another confrontation continues, if they visit again acted in a self down to the five elements of his foot, also reluctantly agreed.

wait for the Monkey King in heaven, Pangu Great, Yuanshi Senior's coming these days, King of Hell to Heaven, a great news to report:

Asura king has been in the world for dating ** 69 years, the Western world called reincarnation of the island of Corsica.

gods know, to deal with Asura king, non-school days not god of war criminal.

Yellow Emperor that the devil this time most likely not a person in combat, but with the down to earth, and Chi, and then recommend to the heaven of a skeleton staff to assist with criminal days to fight the devil.

After a series of discussions to finalize the history of the Huaxia Guo won the Chi had helped the Yellow Emperor, future generations and forward to the art of war thirteen, and was assisted off the six countries for the king, had also helped the second second incarnation of the Yellow Emperor and, later, and Shang Tianzi dominate the world, known as Holy God of War and soldiers

combination, PK devil, and Chi, victory is no doubt, only a matter of time. -

Devil past life insight into the power of guns, so this time an adult, he went to the professional military academies specializing in artillery and artillery from the comfort of a humble started to climb step by step the West the supreme head of a country in the world. Both sides are aware, the first to be reinforcements, who is the winner. Front of the square ring cavalry rush ahead to the cruel fire sound. However, in the hills on both sides, both sides seem to have heard nothing of the commander of the noisy voices. They just listen to the more faint voice. This gentle watch over all the deafening sound of roaring. Forces began to retreat, but there is a certain order.