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Economy

Xinhua releases new indicators to track China's development

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2017-09-26 15:40Xinhua Editor: Mo Hong'e ECNS App Download

China's Xinhua News Agency on Tuesday released a set of new indicators to track the country's economic and social development.

The new indicators, compiled by China Economic Information Service (CEIS), an affiliate of Xinhua, will assess China's weather service, business climate, green development, targeted poverty relief works and local tourism development.

Specifically, they include an index on China's meteorological development, agarwood business climate and green commuting.

An index assessing targeted poverty reduction in the city of Tongren in southwest China's Guizhou Province and an index reflecting tourism development in the city of Datong in Shanxi Province were also launched.

The release of the new indices will further replenish the CEIS index product mix, which together provide a comprehensive picture of China's social and economic landscape.

On Tuesday, the CEIS also signed a cooperation agreement with a group of research institutes on developing an index on China's desertification controls.

The CEIS will also work with China Han Great Group and Shangtex Holding on a price index of traditional Chinese medicine and an index on fashion weeks worldwide.

The CEIS currently provides a number of indices and research reports that track commodity price trends, financial indicators and other industrial developments in both domestic and global markets.

  

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