China's business index up in 2nd Q

Updated: 2007-07-05 15:29

BEIJING -- China's business index, a major measurement of company performance and development trends, was up to 146 in the second quarter, according to data released by the National Bureau of Statistics on Thursday.

The indicator, produced on a survey of 19,500 companies nationwide, was 6.3 points higher than the first quarter level or 10.1 points higher than the same period last year.

The manufacturing and power and water supply sectors recorded higher growth in their respective indices. Manufacturing was 145.8, up 6.5 points quarter-on-quarter or 11.8 points from the same period last year; while the power and water supply averaged 148.3, up 11.3 points over the first-quarter or 9.8 points over the year-earlier level.

Transport, warehousing, mail, wholesale and retail enterprises had their indicators remain roughly the same as the previous quarter, with indicators of other categories of enterprises all rising.

In comparison with the same period last year, all sectors, except mining, recorded growth in their indices.

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