On April 8, 2009 (Beijing) - Shihua Financial Information published the annual research report of China’s Economy 08-09. This report is compiled by Shihua Financial Information Center annually.

For both China and the world, 2008 will be written in economy history. The once-in-a-century credit tsunami developed by American subprime crisis has had a serious impact on global economy: the main developed economies are caught in the worst recession since the 2nd World War and China is confronted with the deceleration risk. This report comprehensively unscrambles the reason for external impact encounter and unbalance of China’s economy under this background, analyzes the means and effect of maintaining the increase and stability by China and puts forwards the key points for China’s economy to realize rebalance and the direction of reform and development, providing constructive suggestions for decision making personnel and expansive thinking angles for academia.

China’s Economy 08-09 is divided into five parts: Unbalance and Impact, To Keep Stability, To Explore Rebalance, To Promote Development by Reform and Turn Crisis into Opportunity. The report points out that the international financial crisis in 2008 not only becomes a touchstone for the inspection of stability of China’s economy, but also the opportunity for self review and self adjustment. China should not only prevent economy from rapid decline as soon as possible by making use of years of development basis, but also promote industrial updating and transformation through utilizing the destruction strength of financial crisis to make up the defect formed by old development mode and promote the coordinative development of civil living improvement and economic increase. If China can successfully realize the transformation of economic development mode, the new cycle of more healthy development stage will be not far.

Mr. Yu Punhoi, Chairman of Shihua Financial Information, analyzes the deep reason for American subprime crisis and what China shall learn from it. He points out that the breakout of this crisis makes us learn how some experts and scholars blindly depend on market, dogmatize the market means, and even comprehensively deny the active functions of government in economy.

China’s Economy 08-09 published by Shihua Financial Information further advocates information analysis-led scientific investment concept and promotes the healthy and orderly development of financial information market, making the investors and readers have more multi-dimensional reorganization of China’s economic and financial market development and gain experience.

The analysis and abstract, forum and blogs of analysts of China’s Economy 08-09 are all on http://service.caixun.com/activity/0809BOOK/