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Source: XBRL International Released time: 2010-05-06 Edit: XBRL-CN

Released 6 May 2010, NYC, NY XBRL International, Inc. (XII) announced today that XBRLChina hasbeen approved as an XII Jurisdiction. As a Jurisdiction in the XII global consortium XBRLChina is committed to the promotion and application of XBRL in China. 

This latest jurisdiction will facilitate XBRL training and education, host XBRL relatedconferences, promote XBRL adoption, encourage XBRL technology research and coordinate collaboration among relevant regulators and participants to encourage the effective use of XBRL.

 “Over the past years XBRL International has been impressed with the rapid progress China has made in XBRL research and application,” said Anthony Fragnito, CEO of XBRL International. “As the third largest economy in the world, XBRLChina is critical in our global collaborative effort to provide an international standard language for communicating business data. We look forward to providing XBRL

China our full support in their efforts to adopt and advocate for XBRL.”

Madam Ying Wei, Chairman of XBRL China Executive Committee, said, “We are very  pleased with the approval of XBRL China as an established Jurisdiction. I’d like to express our appreciation for the support from ISC and other Jurisdictions of XII.  XBRL China, Ministry of Finance of China together with other regulators, will continue to make great efforts to promote and coordinate the XBRL application and development in China. Meanwhile, we will further upgrade the collaboration between XBRL China and XII, as well as other Jurisdictions, to continuingly promote the global highquality XBRL application.” 

About XBRL International, Inc.

XBRL International, Inc. (XII) is a global consortium using a cooperative effort to create a common business reporting language based on XML. This Web protocol is being developed and promoted by an international, notforprofit consortium of more than 600 major international companies, associations and government agencies. 

The XBRLChina jurisdiction joins more than 25 other XII jurisdictions in Europe, Asia, the Middle East, North America and Australia. The XBRL business reporting standard is now mandated or used in regulatory filing programs in many of the world’s leading capital markets, including Australia, Belgium, Canada, China, Denmark, France, Germany, India, Israel, Japan, Korea, Netherlands, Singapore, Spain, Sweden, Thailand, the United Kingdom and the United States among others.

For more information about XBRL International and XBRL please visit :www.xbrl.org.

About XBRL-China

XBRL China was established  in 2008 and affiliated  to China Accounting  Standards Committee,  Ministry  of  Finance.  It  is  a  nonprofit  and  public  platform  for  the technical popularization and coordination, and devoted to promoting the research, extension and application of XBRL in China. Since its establishment, XBRL China has made rapid progress in XBRL research and application in China,  particularly  in taxonomy development, practical  application,  academic  research  and membership development.

Those interested in getting more information or contributing to the new jurisdiction should contact xbrlcn@xbrl.org.

Keywords: XBRL-China    XBRL International   Anthony Fragnito                    
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