The September 2013 contract climbed 0.92 percent to end casque beats by dre pas cher at 2,155. The December 2013 contract went up 0.86 percent to 2,160 points, while the contract for March 2014 expanded 1.11 percent to 2,171.8 points. The stock-index contracts, agreements to buy or sell the Hushen 300 Index at a preset value on an agreed date, are designed to allow investors to bet on and profit from either gains or declines in the market. The index futures was launched at the China Financial Futures Exchange (CFFEX) and started trading from April 16, 2010. The CFFEX has set the base value for all the four contracts at 3,399 points. The Hushen 300 Index reflecting the performance of China's Shanghai and Shenzhen stock exchanges closed at 2,189.39 points on Tuesday, up 13.42 points, or 0.62 percent. About one-fifth of the total stocks listed gucci clutch on the two markets are chosen as samples of the Hushen 300 Index, accounting for 60 percent of the market value in China's stock market.Chinese shares closed higher on Tuesday, as the benchmark Shanghai Composite Index rose 0.70 percent, or 13.76 points, to end at 1,990.06. The Shenzhen Component Index gained 0.80 percent, or 61.64 points, to 7,730.17.The government's tax income rose 7.9 percent year-on-year in the first half of the year, down from 9.8 percent in the same period last year, because of weaker industrial output and consumption amid an economic slowdown, the Ministry of Finance said on Monday. The deceleration of tax growth may put a cheap dre beats squeeze on the possibility of a fiscal stimulus - one of the crucial driving forces to avoid deepening economic slippage in the coming months, economists said. In the first two quarters, the country's tax income amounted to 5.926 trillion yuan ($966 billion). The value-added tax increased 6.6 percent from a year earlier, 1.5 percentage points lower than that in 2012. Consumption tax rose 3.6 percent. It was 11.7 percent last year. Meanwhile, corporate income tax growth slowed to 14.2 percent from 17.3 percent, the ministry said. Gloomy industrial production, a fast fall in imports and the structural tax-reduction policy were seen as the main reasons mulberry bags outlet dragging down tax income, according to the statement. However, the tax income growth rate has been increasing every month consecutively since the second quarter - the year-on-year growth rate was 7.9 percent, 8.3 percent and 12.86 percent from April to June, the ministry said. Zhu Haibin, chief economist in China with JPMorgan Chase & Co, said on Monday at a news conference the slowdown in industrial profit could limit any increase in tax income. "However, we don't expect a large stimulus from boosting fiscal expenditure to support economic growth in the near future. The government still has room to adjust fiscal policy," Zhu said. "The key task for customize beats by dre the leadership now is to push the economic rebalancing reform while ensuring the economy does not fall below the bottom line." He expected the fiscal deficit by the end of this year may remain less than 1.2 trillion yuan, which was set as the annual target in March. The National Bureau of Statistics has released the industrial profit growth rate for the first half of the year, showing an 11.1 percent increase, compared with a rate of 12.3 percent from January to May and a 5.3 percent rise for the whole of cheap mbt shoes 2012. The monthly industrial profit growth was 6.3 percent in June, down from 15.5 percent in May and 9.5 percent in April, according to the bureau. According to the Ministry of Finance, value-added tax, which was mainly based on industrial output, amounted to 1.43 trillion yuan in the first half of the year, accounting for 24.2 percent of the whole tax volume. Tax income from the mining industry declined 24 percent and that for the non-ferrous metals industry dropped 11.1 percent. The figures are in line with the HSBC nike free run 3 womens Purchasing Managers' Index, which has decreased for four straight months to 47.7 in July, down from 48.2 in June and 49.2 in May, showing contraction in the manufacturing sector, economists said.

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