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Yiwu market credit index decreased in August 2014
2014-10-23

According to the latest issue of market credit index report released in Yiwu Market Supervision Bureau shows, by the city scene bearing decline and reduce the number of newly established enterprises and other factors, the Yiwu market credit index in August to close at 150.23 points, fell 3.64%.

In August four classification index "two or two down", in which the quality of the commodity index rose from 154.89 in July to 156.18 points, an increase of 0.83%; customers satisfaction index from 116.76 points to 122.07 points, rose 4.55% qoq. Active trading index fell 3.31%, a decline of 3.31%, controllable risk index fell 14.64%, to close at 155.68 points.
 
According to the analysis, the quality of the commodity index edged up mainly because the case of commodity quality penalty number from 0 in July to 1 in August; in August the number of consumer complaints and 12365 cases of complaints of a number of chain decreased respectively 14 and 6, pull up the customers satisfaction index. China Commodity City monthly turnover decreased from 5687000000 yuan in July to 5583000000 yuan, leads to the active transactions decline; the new enterprise number 268 less than in July, the controllable risk index appeared relatively substantially drop.
 
In the monitoring index "colored lights warning system" and "fluctuation early warning subsystem", August Yiwu market  credit index and the four classification index is higher than 110 points, in the security state of "green light"; integrated index of the change and commodity quality, active trading, customers satisfaction three classification index in "+5% to -5%" "normal" (Normal) condition, the controllable risk index in the "bad" (Worse) condition.
 
According to a sample survey on the part of the sample of Yiwu toys, handicrafts, cosmetics, jewelry, hardware, hosiery, luggage, food, office supplies, daily general merchandise industry 10 of the index system of the results showed that 35% of respondents think the market "is almost non-existent in the sale of fake and shoddy goods, substandard goods and near a famous brand and low price dumping, false propaganda", which is the highest proportion of office supplies industry, the proportion is 63.33%, the lowest percentage of the daily and the luggage industry is only 16.67%; 38.67% said "operating households most honest", evaluate the situation of the best jewelry industry, the ratio was 66.67%, the lowest is hardware industry, only 10%; 4.67% of the people are dissatisfied with the foreign credit status, and the same in July; 11.67% said operating costs increased by more than 5% than in May, reflecting the increase of operating cost is the highest in the luggage industry.
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