国内英语新闻:Xinhua officially launches financial information exchange

BEIJING, Dec. 18 (Xinhua) -- China's official Xinhua News Agency on Saturday formally launched its financial information exchange, an information sharing platform in the financial and cultural sectors to promote development of the nation's capital market.

Approved by the People's Bank of China, or the central bank, it is the world's first financial information exchange.

It is funded by and registered with the China Finance Corporation (CFC), owned by Xinhua.

Located in the Lize business district in the southwest of downtown Beijing, the exchange has the world's largest LCD panel groups at 7,593 inches, which show real-time information in the finance and cultural industries.

Member users can also get the latest information on technology transfers and business consultations.

The exchange would improve Xinhua's presence and influence in the global financial information sector and enhance China's soft power in the international capital markets, said Xinhua president Li Congjun at the inauguration ceremony.

"It aims to be a fair, just, professional and highly efficient intermediary service platform in the financial information and cultural sectors to promote information sharing among the cultural sector, industries and the capital markets," he said.

"The ultimate goal is to become the world's most influential financial information and cultural industry service center."