Thursday, May 04, 2006

Global Insight Launches World's First China Regional Forecasting and Analysis Service


Agreement with China's CEInet provides Unprecedented Data on China's 31 Regions

Global Insight, the world's leading company for economic and financial analysis and forecasting, announced today it has launched the world's first forecasting and analysis covering China's 31 individual regions in-depth. With the recently completed data licensing agreement with China Economic Information Network (CEInet), China's leading economic data provider with close relationships with government sources, Global Insight's China Regional Service has the deepest and broadest regional databanks available from any source.

The dramatic rise in foreign direct investment in China is expected to continue into the foreseeable future, easily eclipsing $80 billion by 2012. Understanding the national Chinese economy provides only part of the picture, as the socio-economic, regulatory conditions and business prospects of China's 31 regions vary greatly. In order to effectively evaluate risks and business opportunities in China, organizations need to have a comprehensive understanding of developments at the regional level. Under the data licensing agreement, CEInet will provide Global Insight with data collected from CEInet's network of local affiliates throughout China that track key economic indicators, which covers in-depth data on China's major industries, by four provincial administrative level municipalities, five autonomous regions, and 22 provinces.

See full Press Release.

Also see Global Insight's China Regional Service.