www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

Service sector offsets weak factory output

By CHEN JIA (China Daily) Updated: 2015-01-07 11:22

HSBC data prompt economists to urge more policy easing

Steady growth in China's service industry looks to have helped counter the weakening in manufacturing activity during 2014, increasing policy makers' confidence to accelerate structural reforms this year, analysts said.

The country's average official manufacturing Purchasing Managers Index was 50.7 last year, which illustrates the sector's near-stagnation; but in comparison, the average services PMI reached 54.4, supported by fast expansion of new business and stronger employment levels.

The latest figures from banking giant HSBC Holdings Plc released on Tuesday appeared to mirror that trend, showing a rise in its December China Services PMI to 53.4 from 53 in November, as new businesses expanded fast.

Stable development of the service sector also modestly improved last month's employment index, said HSBC, as the manufacturing sector continued to struggle.

"It provided a counter balance to the downward pressure in the economy," said Qu Hongbin, HSBC's chief economist in China and co-head of its Asian Economic Research.

"We continue to believe there is insufficient demand in the overall economy and more easing measures are warranted in the coming months."

The bank has already released its December manufacturing PMI, which showed a reading of 49.6, down from 50 in November, the first deterioration in operating conditions since May. New orders also contracted for the first time since April 2014.

The official PMI readings have already confirmed a further slowdown in the manufacturing sector at the end of 2014, but stronger economic activity in the service industry.

The manufacturing PMI fell to 50.1in December, the lowest reading since July 2013, down from 50.3 in November and 50.8 in October, led by falls in new orders and output, according to the National Bureau of Statistics.

Chang Jian, chief economist in China at Barclays' Capital, said that continued declines in input prices represented inflationary risks which are hurting investment in the manufacturing sector and are likely to result in falling corporate profits.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日本69色视频在线观看 | 久99re视频9在线观看 | 欧美精品一区二区在线观看 | 成人一区二区免费中文字幕 | 114一级毛片免费 | 伊人久久在线视频 | 国产成人免费高清在线观看 | 欧美激情伦妇在线观看 | 精品国产看高清国产毛片 | 视频在线一区 | 国产欧美一区二区三区观看 | www.91成人| 欧美jlzz18性欧美| 国产欧美一区视频在线观看 | 久久中文字幕久久久久 | 亚洲人成网国产最新在线 | 中文精品爱久久久国产 | 国产欧美一区二区三区精品 | 亚洲美女福利视频在线 | 久久在现 | 国产v欧美v日韩在线观看 | 日本久操 | 99精品欧美一区二区三区美图 | 男女性高清爱潮视频免费观看 | 国产精品亚洲综合网站 | 新版天堂资源中文8在线 | 久久精品一品道久久精品9 久久精品一区 | 国产综合精品一区二区 | aaaaaa级特色特黄的毛片 | 亚洲人成亚洲人成在线观看 | 欧美一级特黄特色大片免费 | 久草视频资源在线 | 在线观看亚洲成人 | 欧美一级乱理片免费观看 | 欧美人一级淫片a免费播放 欧美人与z0z0xxxx | 在线成人免费看大片 | 国产色啪午夜免费视频 | 日本久久一区二区 | 国产欧美一区视频在线观看 | 欠草视频 | 欧美精品在线一区二区三区 |