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July Yiwu Market Credit Index closed at 143.34 points

July Yiwu Market Credit Index closed at 143.34 points

China Economic Net Beijing on August 24 hearing, according to Yiwu Industrial and Commercial Bureau recently released "in July Yiwu Market Credit Index" shows that China Commodity City in July monthly turnover of 2.828 billion yuan, down 16.38%, the data directly Yiwu market in July led to a credit index trading activity index fell 6.93% to 134.93 points. In effect, July Yiwu market composite index closed at 143.34 points of credit, a decline of 1.63%.

July, the index of the four sub-index showed "two up two down" posture. In addition to a significant reduction in trading activity index changes, other changes in the three sub-index is relatively stable. Product quality index, trading activity index was 138.02 points, 134.93 points, respectively, in June fell by 0.51% and 6.93%; customers satisfaction index, risk control index was 147.26 points, 162.33 points, the chain increased by 1.68% and 1.66 %.

In the "YMCI colored lights warning subsystem" monitored, July Yiwu market credit index and the value of all the four sub-index is greater than 110, are in the "green light" area, indicating that the Yiwu market credit conditions in a safe state.

According to analysis, product quality and regulatory penalties in July, an increase in the number of cases lead to product quality index is an important reason for decline, and monthly turnover of the chain has been reduced, making the arrival of Ramadan, the Muslim Middle East decline in the number of foreign trade activity index is lower in the main reason. However, according to the survey shows customers the satisfaction of the Yiwu market, 99%, this result led directly to the customers satisfaction index was up month, business customers are more cautious on the credit behavior, a lower proportion of credit are effectively raised the risk controllability index.

"As a relatively high degree of openness, economic ties with the global economy more closely Yiwu, has been from the U.S. debt crisis." Credit Research Center of Peking University China expert in the analysis of July, after the proposal Yiwu Market Credit Index, Yiwu government and The relevant departments should closely follow the situation changes and market development, do research work, and actively respond to the possible impact of the complex world economic situation, including the domestic economy is estimated to have enough problems.

At the same time, government departments need to continue to do well with credit market development, to promote a positive force to the credit market prosperity and economic development. In addition, the need to further strengthen the credit-based Yiwu market, Yiwu, in line with the actual development of credit management system, development credit agency, to carry out risk management services, to promote the Yiwu market and credit management business to a new level

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