Mafia Stock Mobsta's Social Club (Bulls Board) Message Board

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Strategies & Market Trends : Mafia Stock Mobsta's Social Club (Bulls Board)

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From: jmhollen	11/20/2008 9:39:55 AM
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Looks like GLCC will be lining up for some more grants from the Chinese government, as they have qualified for and received in the past... Good Life China (GLCC) to Receive Additional Government Grants Last update: 6:30 a.m. EST Nov. 20, 2008 BEIJING, Nov 20, 2008 /PRNewswire-FirstCall via COMTEX/ -- Good Life China Corporation www.goodlifechina.com (GLCC) is pleased to announce that it will be benefiting from a new launched grant program funded with RMB 100 billion Yuan ($14.6 billion USD). The National Development & Reform Commission, Ministry of Finance and People's Bank of China made a joint announcement on Friday, November 14th of a new program designed to stimulate continued improvements in the economic development of, and 'quality of life' within, China's rural areas. In the face of the global economic slowdown, the Chinese Governmental bodies are continuing to commit investments in the rural areas of China, especially infrastructure projects that bring long-term gains in the standard of living. This list includes major construction projects, continued emphasis on development of service industries and cultivation of new economic growth centers. Importantly, the initiatives also include energy conservation and pollution reduction programs. The Hebei Development & Reform Commission has selected Haorizi (Good Life) to be a worthy recipient to receive financial support from these China national treasury-bonds. This is based on Haorizi's continued focus to improve logistic services and bring modern consumer products to rural areas, and the Company's successful launch and continued growth of its e-commerce initiatives. Funding from the program will start being issued by the end of this year. The Company will provide additional details regarding this new funding as they become available. **************************************** On Charlie Rose last night, it was mentioned that the Chinese savings rates are ridiculously high and that both the government and population will be encouraged to spend more on consumer goods to offset the global financial hoohaw. .

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