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Chinese National Business Climate Index Declined in the Third Quarter 2008
added: 2008-10-10

Business Climate Survey results of NBS in whole country showed that the national business climate index (BCI) was 128.6 in the third Quarter of 2008, declined 8.8 points than the previous quarter, and 16.1 points decreased, year-on-year.

The BCI of information transfer computer services and software stood at 147.6, continuing placed high position with a drop of 15.3 points than second quarter. The BCIs of industry, construction, transportation, storage and post, wholesale and retail trades, and lodging and catering jumped to 125.8, 135.3, 119.6, 143.6, 118.9, 127.0 and 119.0. As compare with the second quarter, the BCI of social services industry slightly increasing, while that of the other industries declined subsequently; the BCIs of all industries dropped obviously, year-on-year.

The BCI of foreign funded enterprises, and enterprises with funds from Hong Kong, Macao, and Taiwan was 130.8, dropped 10.5 and 19.3 points than the previous quarter, and year-on-year. The BCIs of state-owned enterprises, collective-owned enterprises, joint-stock cooperative enterprises, limited liability company, share-holding enterprises, and private enterprises respectively was 128.2, 102.7, 113.0, 127.3, 135.0, and 121.8. As compared with the second quarter, the BCIs of joint-stock cooperative enterprises rose by 3.7 points, that of private enterprises remained the general level, while that of the other various types of enterprises of registration decreased sequentially. The BCIs of various types of enterprises of registration plummeted sequentially, year-on-year.

The BCIs of large enterprises was 143.5, dropped remarkably at 12.4 and 23.9 points over the previous quarter, and same period of previous year; that of medium enterprises stood at 118.5, dropped 6.8 and 12.6 points over the second quarter and year-on-year; and that of small enterprises hit 111.9, down by 3.8 and 8.9 points than the previous quarter and year-on-year.

The BCIs of eastern, central and western regions was 128.1, 131.7 and 126.8 respectively, respectively decreased 11.7, 6.0 and 5.5 points, which dropped in the range between 10-20 points, year-on-year

The BCIs of national key state enterprises, national pilot enterprises, and listed companies stood at 153.7, 157.8 and 145.6 respectively, dropping by 10.9, 5.9 and 18.5 points over the previous quarter, and declined in the range between 15-25 points, year-on-year.


Source: National Bureau of Statistics of China

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