While fortifying the infrastructure for making well-informed investment decisions in China, Xinhua Finance has entered into mutually-beneficial strategic partnerships with major players in each of our four core business segments. These alliances have enabled us to capitalize on existing expertise in local and global marketplaces, giving us a distinct competitive advantage. These invaluable relationships are built on each partner's core competencies, mission, strategy, and a shared vision of the dynamic and potential of China's economy. Our esteemed partners include: (Ranked by alphabetical order)  - Beijing Review is China’s only English weekly news magazine, published in Beijing by the China International Publishing Group (CIPG). Established in 1958, the magazine now has 70,000 domestic and international subscribers. As of August 2006, the periodical features a dedicated finance section focusing on financial information, business news and personal wealth advice solely provided by Xinhua Finance and its magazine Money Journal. CIPG, established in 1949, is a government-owned publishing house and the largest publisher, importer and exporter of non-Chinese language books in China.
 - Founded by the Development Research Center of the State Council, the China Development Research Foundation (CDRF) is a national non-profit organization that supports and promotes China's policy decision-making, conducts academic research and provides consultation on China's social and economic development issues. Xinhua Finance and the Foundation entered into a 10-year cooperative agreement on November 16, 2005, under which the Foundation becomes a shareholder of Xinhua Finance and have a seat on the Board of the Company. Under the agreement, the two organizations work together to raise standards in China's corporate and financial market activities and to jointly conduct seminars to educate Chinese entrepreneurs about international standards and foreign investment requirements.
 FTSE Group is an independent company owned by The Financial Times and the London Stock Exchange. Its sole business is the creation and management of indices and associated data services, on an international scale. It calculates 60,000 indices in 48 counties, tracked by an estimated two and a half trillion USD of assets under management. FTSE and Xinhua Finance formed a joint venture in 2000, Xinhua FTSE Index, which constructs a broad series of benchmark and tradable indices, tracking China's equity markets.  - Lehman Brothers, an innovator in global finance, serves the financial needs of corporations, governments and municipalities, institutional clients, and high net worth individuals worldwide. Founded in 1850, Lehman Brothers maintains leadership positions in equity and fixed income sales, trading and research, investment banking, private investment management, asset management, and private equity. Lehman Brothers and Xinhua Finance jointly construct the Xinhua Lehman China Bond Index, the definitive measure for tracking trends in China's bond markets.
 The Milken Institute, founded in 1991 by philanthropist and financier Michael Milken, is one of the world’s leading economic and financial research think tanks. Its mission is to improve the lives and economic conditions of diverse populations in the U.S. and around the world by helping business and public policy leaders identify and implement innovative ideas for creating broad-based prosperity. Its recent work helping reform China’s banking system and introduce debt markets build on its extensive capital-markets research, which includes regional and demographic studies, human capital and job creation, access to capital, intellectual property studies, and enhanced understanding of economic issues.  Established in 1954, PR Newswire has offices in 11 countries and routinely sends its customers' news to outlets in 135 countries and in 40 languages. Utilizing the latest in communications technology, PR Newswire content is considered a mainstay among news reporters, investors and individuals who seek breaking news from the source. PR Newswire has launched a strategic alliance with Xinhua Finance to form Xinhua PR Newswire, China's most extensive corporate announcements network.  - Shanghai Far East Credit Rating Co., Ltd. is the first and leading professional credit rating company with comprehensive business coverage in China. It is an independent agency established by the Shanghai Academy of Social Sciences with the mission to develop internationally accepted standards for capital market in China. The company is a pioneer in conducting bond-rating business in China. For years, it has been authorized by the Shanghai branch of the PBOC to undertake loan certificate credit rating. Shanghai Far East works closely with Xinhua Finance to create Xinhua Far East China Ratings applying internationally-accepted methodologies to China's fast-changing credit market.
 - Xinhua News Agency (XNA) is the largest news and information gathering and release center in China and has bureaus in more than 100 countries and regions worldwide. Its partnership with Xinhua Finance dates back to 1999, when its financial information division, China Economic Information Services, signed a 20-plus-10 year agreement for the formation of Xinhua Financial Network. This agreement is exclusive with a non-compete clause, allowing us to create and use its name for the services and products we have today.
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