SHANGHAI, China, April 27 /Xinhua-PRNewswire/ -- Xinhua Finance (TSE Mothers: 9399) and Market News International (MNI), a part of the news service line of Xinhua Finance, today announced the April Xinhua Finance/MNI China business sentiment survey. The results of the survey suggest that Chinese companies are continuing to see booming growth conditions and, despite warnings of more government tightening measures, they remain confident strong growth will continue.
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Indexes measuring sentiment for current and future business conditions hit record highs in the April survey, while the indexes on employment, production, inventories and prices received were also all at or near record highs.
The monthly survey, which was conducted April 9-24, builds on an upswing in sentiment seen towards the end of last year and, more strikingly, at the start of 2007. April's is the fourth straight month of generally improved survey findings and comes amid a broad reacceleration in economic activity in China following a moderate slowdown in the second half of last year.
Since its inception in January, 2005, the survey has accurately tracked and predicted overall Chinese economic conditions, providing important intelligence ahead of government data. The survey has been especially important in indicating turnarounds in the economy, such as last summer＊s slowdown or the pickup in activity seen since last fall.
To receive a full version of the survey, or to find out more about Xinhua Finance and Market News International, please contact Amy Pang, Managing Director of Xinhua Finance News Division, via amy.pang@xinhuafinance.com .
About Xinhua Finance Limited
Xinhua Finance Limited is China＊s unchallenged leader in financial information and media, and is listed on the Mothers board of the Tokyo Stock Exchange (symbol: 9399) (OTC ADRs: XHFNY). Bridging China＊s financial markets and the world, Xinhua Finance serves financial institutions, corporations and re-distributors through four focused and complementary service lines: Indices, Ratings, Financial News and Investor Relations. Founded in November 1999, the Company is headquartered in Shanghai with 20 news bureaus and offices in 19 locations across Asia, Australia, North America and Europe.
For more information, please visit http://www.xinhuafinance.com .
About Market News International
Market News International (MNI), a Xinhua Finance company
( http://www.xinhuafinance.com ), is a financial news and information company dedicated to the global fixed income and foreign exchange markets. MNI joined the Xinhua Finance family in March 2004, bringing its niche expertise and extensive distribution network. Headquartered in New York, MNI has news bureaus and offices throughout the US, Europe and Asia.
With more than twenty years of history, MNI is a fully accredited news agency providing focused, timely, relevant and critical intelligence for market professionals. Its press credentials are accepted by all operations of the U.S. Government, including the White House, the Federal Reserve, both houses of Congress, all major agencies and cabinet departments, all similar government operations in the G-7 countries, as well as by supranational organizations such as the World Bank and the International Monetary Fund.
For more information, please contact:
Xinhua Finance
Hong Kong/Shanghai
Ms. Joy Tsang
Tel: +852 3196 3983
+852 9486 4364
+86-21-6113-5999
Email: joy.tsang@xinhuafinance.com
Mr. Scott Zhang
Tel: +86-21-6113-5996
Email: scott.zhang@xinhuafinance.com
Japan
Mr. Sun Jiong
Tel: +81 3 3221 9500
Email: jsun@xinhuafinance.com
Taylor Rafferty (Media/IR Contact)
Japan
Mr. James Hawrylak
Tel: +81 3 5733 2621
Email: James.hawrylak@taylor-rafferty.com
United States
Mr. John Dudzinsky
Tel: +1 212 889 4350
Email: John.Dudzinsky@taylor-rafferty.com
Europe
Faisal Kanth
Tel: +44 20 7614 2900
Email: Faisal.Kanth@taylor-rafferty.co.uk
