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National Business Climate Index Dropped in Q4 of 2008

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Business Climate Survey results of NBS in whole country showed that the national business climate index (BCI) was 107.0 in the fourth quarter of 2008, dropped 21.6 points over the third quarter.

The BCIs of information transmission computer service and software industry, and construction stood at 143.8 and 134.3, which slightly declined over the third quarter; that of wholesale and retail trades, social services, accommodation and catering industry, and real-estate industry respectively was 127.2, 112.9, 111.3 and 101.7, went down 16.4, 14.1, 7.7 and 17.2 points over the third quarter; that of industry and transport storage and postal industry stood at 98.5 and 95.2 respectively, which dropped 27.3 and 24.4 points over the third quarter.

The BCIs of state-owned enterprises, limited liability companies, limited joint-stock companies, and Hong Kong, Macao, Taiwan, and foreign-invested enterprises respectively was 110.2, 105.2, 106.9 and 104.4, a decline of 18.0, 22.1, 28.1 and 26.4 points over the third quarter; that of collective enterprises, joint-stock cooperative enterprises, private enterprises respectively was 91.5, 94.4 and 98.7, which dropped in the range between 11-23 points. Various types of business climate declined over the same period of previous year.

The BCIs of small, medium and large scale enterprises stood at 99.5, 105.4 and 108.1 respectively, went down 12.4, 13.1 and 35.4 points over the third quarter. As compared with previous year, large scale enterprises dropped by more than 50 points, small and medium scale enterprises dropped in the range between 20-25 points.

The BCIs of eastern, central and western regions was 106.6, 109.9 and 105.8 respectively, which declined around 21 points over the third quarter.

The BCIs of listed companies stood at 106.2, dropped 39.4 and 62.7 points over the third quarter and same period of previous year; that of national key enterprises, and group members of national pilot enterprises respectively was 88.9 and 91.7, which fell more than 60 and 70 points over than the third quarter, and the same period last year

(National Bureau of Statistics January 12, 2009)