XBRL International has granted Acknowledged status to taxonomies being used for pany reporting in China – nfirming the taxonomies meet XBRL standards and underlining the fast progress being made in China with the use of XBRL.

The China Listed pany Information Disclosure (CLCID) Taxonomy Framework is a set of taxonomies which enables panies that nform to the China Listed pany Information Disclosure Regulations to tag financial statements in XBRL.  The taxonomies were developed by the Shanghai Stock Exchange (SSE).  The set currently nsists of seven taxonomies:

Primary Terms

mercial and Industrial

Global mon Document

pany General Introduction

Management Report

Important Events

Acuntants Report

XBRL International Acknowledged status means that the taxonomies fully nform to the latest XBRL International Specification and also meet certain standards of documentation.

Chinese panies are now using the taxonomies for quarterly, half-year and annual reports.  Some 837 panies used the taxonomies for their 2005 semi-annual report and their 2004 annual report.  An initial version of the taxonomies was first used in 2004 in a pilot project under which some panies provided their 2003 annual report.  The SSE then expanded the taxonomies to ver all the elements used in regular, intra-year reporting, and moved on from their pilot to full-scale reporting.  It plans to extend the set of taxonomies to ver temporary announcements by listed panies.  It also plans to transfer historical reports into XBRL data to enable efficient aess to this information.

The CLCID taxonomies are the first Chinese taxonomies to be given Acknowledged status by XBRL International.

Announced by

Peter Calvert

XBRL International