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China Will Process Early Disclosure Of Economic Data.

2010/6/12 10:56:00 31

Media reports said that the 9 day stock index rose 2.78%. Some market participants attributed the reversal of the A share market to the "secret machine" that Reuters leaked.


Before the official announcement of the May economic data by the National Bureau of Statistics yesterday (June 11th), foreign media reported the data in advance. For this reason, the State Statistics Bureau spokesman Sheng Lai Yun said that the National Bureau of statistics is further understanding and handling the incident in accordance with the relevant regulations and procedures.


In an article published in June 9th in Reuters' Chinese language network, the reporter said, three sources revealed that at a brokerage meeting held on that day, a Chinese government official of a key department revealed that in May, the new loan of financial institutions was about 630 billion yuan. In that month, the consumer price index (CPI) increased by 3.1% compared with the same period last year, and China's exports in May increased by about 50%, to about 130 billion US dollars.


The above data are very close to the statistics released by the National Bureau of Statistics yesterday morning.


Media reports said that the 9 day stock index rose 2.78%. Some market participants attributed the reversal of the A share market to the "secret machine" that Reuters leaked.


In response to this incident, Sheng Lai Yun said yesterday that the National Bureau of statistics strongly condemned the behavior of data leaked earlier in the secrecy period.


He said that the National Bureau of statistics is further understanding and handling this matter in accordance with relevant regulations and procedures. He stressed that, first, the National Bureau of statistics from statistical investigation to data release is strictly in accordance with statistical law and related laws and regulations, and strictly enforce the confidentiality provisions. This is consistent and unwavering. In addition, this matter will surely cause us to pay more attention to strengthening the management of data dissemination. "I hope that all of us should act according to laws and regulations, and be a law-abiding citizen."

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