2009年1月12日星期一

China 4Q business climate index

The index ranges from zero to 200. A reading above 100 shows economic expansion, while a reading below 100 indicates contraction. The survey began in 1998.
The index for industry was 98.5, down 27.3 points quarter-on-quarter. The indices for wholesalers and retailers and property developers slid by 16.4 points and 17.2 points to 127.2 and 101.7, respectively.
The index for domestic publicly traded companies fell 39.4 points to 106.2 and the entrepreneurial confidence index sank 29.2 points to 94.6.
Renowned economist Cheng Siwei told a conference Thursday the economy grew about 8 percent during the fourth quarter of 2008, down from 9 percent in the third quarter and 10.4 percent in the first half.

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