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  • Beijing News
    Date: 21-Jun-2007 Sources: (Xinhua Online)

    BEIJING, June 20 (Xinhua) -- Xinhua News Agency, China's state wire service, launched a self-developed financial information service system on Wednesday.

    The system, called 'Xinhua 08', went into trial operation for more than 190 major financial institutions and companies in the country.

    The system provides up to date news and information on domestic and overseas currency, capital, foreign exchange, gold, and futures markets as well as 55 industries including metals, energy, and real estate.

    It provides real time data on more than 20 major domestic and overseas exchanges, prices of the products at major financial institutions, and domestic and overseas economic and customs data.

    It also provides self-developed financial analysis models.

    The terminal service system targets people who conduct financial market research, trading and investment at financial regulators, financial institutions, and large and medium-sized businesses.

    The launch of the service will help Xinhua expand its business and do better service to China's economic growth as the country is gradually opening to foreign competitors its financial markets.

    Xinhua will strive to build the system into a unified, cross-markets financial information platform to play a positive role in the process of economic and financial globalization.


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