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an ever-growing metropolis, guangzhou has gradually attracted migrants from all over the world. renting an apartment is the starting point for most of these dream chasers. 

© image | google

 

but how much is their rent? recently, southern economic think tank of nanfang media group, newsgd.com, nanfang plus and china construction bank (guangdong branch) has released the big mac index 2018 of rent in guangzhou, which measures the average monthly rental per square in big macs. 

the big mac index 2018

 

the big mac index 2018 is a statistical analysis based on the rental transaction date (from january to july) of the houses within 1 kilometre of metro stations of 16 lines(number includes those still under construction) in guangzhou, see below↓↓↓

© image | gdtoday

 

from the figures above, it is clear that tianhe district ranks as the most expensive in terms of rent per square meter.

the overall monthly rental price

 

according to the big data, as of july this year the cost of renting new properties in haizhu, tianhe and baiyun districts had risen by 9.7%, 4.2% and 1.9% year on year.

 

© image |  google

 

when it comes to previously rented properties or second-hand housing market, the overall monthly rental price is 48.7 yuan per square (equivalent of 2.9 big macs), demonstrating a slight month-on-month decline of 1%. 

the average monthly rent

 

compared to last year, the average monthly rent per capita has risen to 2201.1 yuan (129 big macs), implying that wage earners are pursuing better living quality in general.

 

© image | 歪果仁在中国

 

however, that is still markedly cheaper than the other 3 first-tier cities, with beijing at 3213.6 yuan (189 big macs-a whopping increase of 60 on guangzhou!), shanghai 2881.8 yuan (170 big macs) and shenzhen at 2509.1 yuan (148 big macs).

world’s largest container shipping company maersk line is planning to introduce a new fuel adjustment surcharge ahead of the 2020 sulphur cap.

全球最大的集装箱航运公司马士基航运(maersk line)计划在2020年实行硫上限之前，引入一项新的燃料调整附加费

© image | google

the global sulphur cap

全球限硫令

as explained, the new bunker adjustment factor (baf) surcharge aims at recovering maersk line’s costs of compliance with the global sulphur cap, which mandates the use of fuel with a sulphur content of 0.5% instead of 3.5 %.

正如解释的那样，新的燃油附加费旨在收回马士基航运遵守全球硫上限的成本。全球硫上限规定，燃油的含硫量为0.5%，而非3.5%。

new regulation

新规定

maersk is pursuing the move amid expected increasing fuel costs the industry will face due to the new regulation, which is projected to reach usd 15 billion. maersk line alone anticipates it will have to pay over usd 2 billion more for fuel on annual basis.

马士基正寻求采取这一行动，预计由于新规的实施，该行业将面临越来越高的燃油成本，预计将达到150亿美元。仅马士基航运公司就预计，它每年将不得不为燃油多付20亿美元。

© image | google

“we fully support the new rules. they will be a significant benefit to the environment and to human health”, says vincent clerc, chief commercial officer, a.p. moller – maersk a/s.

马士基首席商务官文森特•克勒克表示，“我们完全支持新规则，它们将对环境和人类健康产生重大益处。”

feature

特性

“the 2020 sulphur cap is a game changer for the shipping industry. maersk preparations to comply are well underway and so are our customers’ efforts to plan ahead.

“对航运业来说，2020年的硫排放上限将改变游戏规则。马士基正在为遵守这一规定做准备，我们的客户也在努力提前计划。

© image | google

the new baf is a simple, fair and predictable mechanism that ensures clarity for our customers in planning their supply chains for this significant shift.”

新的baf是一种简单、公平和可预测的机制，可以确保我们的客户清楚地规划他们的供应链以应对这一重大转变。”

 

fuel price 

燃油价

the baf replaces maersk line’s standard bunker adjustment factor (sbf) surcharge and consists of two key elements; the fuel price which is calculated as the average fuel price in key bunkering ports around the world, and a trade factor that reflects the average fuel consumption on a given trade lane.

baf取代了马士基航运公司(maersk line)的标准燃油附加费，由两个关键要素组成;燃油价格是指全球主要燃料补给港的平均燃油价格，以及反映某一特定贸易航道平均燃油消耗量的贸易因素。

© image |航运界

maersk line’s baf surcharge will be introduced on january 1, 2019, and it will be levied separately from the company’s freight rate.

马士基航运公司的baf附加费将于2019年1月1日开始征收，附加费将与公司的运费分开征收。

in december 2017, guangdong published ten measures to boost foreign investment, allowing an increase of fdi inflow in the province. to better open up to the world and attract overseas talent, the above ten measures were recently revised.

according to the revised edition, wholly foreign-owned enterprises have now been granted access to 9 major fields (including new energy vehicles), accredited foreign r&d institutions can get a yearly subsidy of up to 100 million rmb, and the time needed for foreign enterprise to set up business will be shortened to just 5 days.

according to chen yuehua, deputy director general of the guangdong provincial department of commerce, the revised measures will provide better governmental support and services to foreign businesses, in order to help promote the province’s development.

the new edition is aiming at implementing more tailored policies in the fields of market access, financial award, land grants, r&d, and so on.

in the first seven months of this year, guangdong recorded a 3.1% increase in fdi to 88.9 billion rmb, ranked first in china.

major developed countries, such as germany, japan, and the uk, have fast-tracked investment, with a year-on-year growth of 49.1 %, 52.8 %, 93.8 % respectively with sweden’s investment increasing almost thirteen-fold.

the manufacturing industry received actual foreign investment to the sum of 25.6 billion rmb, over one-third higher than the previous period.

there are 114 new foreign investment projects with capital of more than 100 million usd. mega foreign projects from fortune 500 enterprises, including basf and exxon mobil, are expediting the pace of investment in guangdong.

after a passenger fell sick after eating a moldy packaged meal on a high-speed train, china’s state council stepped in and launched an investigation on tuesday with the aim of improving food safety and quality on trains.

© image | gctn

what’s going on?

on sept. 8, two passengers onboard a high-speed train bought two pre-packaged meals to eat for dinner on their five-hour long trip from beijing to central china’s wuhan city in hubei province.

after unwrapping his meal, the passenger surnamed zhu discovered that a small portion of the rice was covered in mildew and immediately filed a complaint. his companion, however, had already eaten half of his meal before realizing the food had gone bad and soon began vomiting and suffering from diarrhea, hubei daily reported.

the train conductor soon came to speak with the passengers and, after finding out what the problem was, returned their money and apologized. when he offered two more meals to zhu and his companion as compensation, the passengers refused and instead demanded a thorough investigation of all food supplied on the train.

china railway guangzhou group, which was responsible for the food on the train, announced the following day that they had removed all prepackaged meal produced on the same day with the moldy meals and said they would comprehensively investigate the incident.

the railway company also stated that they had suspended their cooperation with the shanghai-based catering company in charge of the food supply chain.

once the incident became known, it triggered a public outcry as this is far from being the first case in which travelers found moldy food while travelling by train.

in april, a passenger travelling on a high-speed train bought a premium boxed meal, only to find a large patch of black mold covering the rice, beijing news reported, and in june last year, another passenger took to social media to express his frustration after finding out his packaged meal had gone bad.

currently, the reason for the moldy meals is unknown. xinhua news reported that, on tuesday, the state council dispatched an team to investigate the quality of food at the state-owned china railway corporation (crc).

the high-speed railroad operator has already announced its will terminate its current food production and packaging and improve its cold temperature supply chain.