Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
NBS:China business climate index drops in Q1
+ -
08:06, April 08, 2008

 Related News
 Chinese enterprises continue to operate at a rapid pace
 NBS: China's entrepreneur confidence index remains high
 China's business climate index remains high in third quarter
 Comment  Tell A Friend
 Print Format  Save Article
China's business climate index, a key gauge of corporate performance, dropped in the first quarter amid the heavy snow disaster that hit the country in mid January, said the National Bureau of Statistic (NBS) on Monday.

"Heavy snow over the southern part of the country and the slowdown of the world economy had negative impacts on the business performance in the first quarter," the NBS said.

The index, based on a survey of 19,500 Chinese firms, was 136.2points in the first quarter, 7.4 points lower than the October-December period, and 3.5 points down than a year earlier.

The index of the information technology and software sectors was 159.0 points, followed by the wholesale and retail trade of 153.2 points. Both represented a decline of 1 point year on year.

The industrial, construction, property and hotel sectors reported lower indexes compared with the October-December period, which were 133.3, 136.7, 132.2 and 132.2 points, respectively.

Large-, medium- and small-sized enterprises all reported declining indexes in the first quarter, which were 154.7, 125.2 and 115.5 points, respectively.

The index, with the 100-point mark as the mark between depression and prosperity, tumbled to 116.6 points, its lowest level in recent years during the outbreak of SARS in 2003. It has since stayed above 130.

Source:Xinhua



  Your Message:   Most Commented:

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90776/90884/6387908.pdf