China’s business climate index slide in the third quarter
Posted on Oct-09-2008· by china investor
The National Bureau of Statistics said that China’s business climate index slid in the third quarter.
The index fell to 128.6 points in the third quarter,down 16.1 points from the same period last year. The 100-point mark is seen as a definition between depression and prosperity.
The NBS said all sectors reported notable declines in business climate index Compared to the same period last year.
We often know that from the newspapers some medium- and small-sized enterprises face bankruptcy as a result of corporate performance decline.The enterprise have to lay off the employee in order to lessen the burden,Many people lost their jobs.When the economic downturn can be changed?it is everyone’s concern.
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third quarter
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