Country for PR: China
Contributor: Xinhua News Agency
Friday, December 22 2017 - 20:59
CEIS and Haiken Group to jointly compile serial price indexes
BEIJING, China, Dec. 22, 2017 /Xinhua-AsiaNet/--

China Economic Information Service (CEIS), an affiliate of Xinhua News Agency, 
signed a cooperative agreement with Haiken Group on Monday to jointly compile 
"Xinhua-Haiken" serial price indexes.

"Xinhua-Haiken" serial price indexes would include "Xinhua-Haiken China Natural 
Rubber Serial Price Indexes", "Xinhua-Haiken Hainan Pepper Price Index" and 
"Xinhua-Haiken Hainan Areca-nut Price Index."

With samples covering the entire industrial chain, the serial price indexes, to 
be released from 2018 on a daily basis aimed at give a precise reflection of 
the price trend of all links in the industrial chain and providing valuable 
information for the industry.

In particular, the "Xinhua-Haiken China Natural Rubber Serial Price Indexes", 
consisting of four indexes, mark the first of its kind linking the production 
and the marketing of rubber in China.

Moreover, the two sides will jointly explore the construction of natural 
rubber, pepper and areca-nut industrial ecosystem, integrate social and 
industrial resources, and build high-end platform for industrial innovation, 
strategic research and dialogue.

CEIS, as one of the largest economic information providers in China, boasts 
five national-level platforms including Xinhua Finance, Xinhua Silkroad, Xinhua 
Credit, Shanghai Petroleum and Natural Gas Exchange (SHPGX) and Xinhua Think 
Tank. Since its restructuring in April 2016, CEIS has launched a series of 
products with widespread impact.

Haiken Group, a solely state-owned enterprise by the People's Government of 
Hainan Province, boasts a sound industrial base of natural rubber, tropical 
agriculture, livestock breeding, tourism real estate, trade logistics and 
financial service.

Source: China Economic Information Service

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