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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Top Biz News

China's manufacturing PMI drops in April

Xinhua | Updated: 2013-05-01 09:17

China's manufacturing PMI drops in April

China's Purchasing Managers' Index (PMI) for the manufacturing sector fell to 50.6 percent in April from 50.9 percent in March, the China Federation of Logistics and Purchasing (CFLP) said on Wednesday.

It was the seventh consecutive month in which the PMI figure stayed above 50 percent, which demarcates expansion from contraction, according to a statement from the CFLP.

Although the PMI remains generally stable, the slight retreat indicates slower growth in the manufacturing sector and the need for a stronger momentum in China's economic growth, the statement said.

The April PMI showed that the foundation for China's economic recovery is not solid enough, said Zhang Liqun, an analyst from the Development Research Center of the State Council, or China's cabinet.

The decline in orders caused the fall in the inventory level, and a sharp drop in the sub-index for purchasing prices of raw materials suggests the corporate confidence was undermined, Zhang said.

According to the CFLP, orders received by manufacturers dropped in April, as the sub-index for new orders edged down 0.6 percentage points from the previous month to 51.7 percent.

The sub-index for purchasing prices of raw materials tumbled 10.5 percentage points to 40.1 percent, the first reading below 50 after the sub-index stayed above the demarcation level for seven consecutive months.

The sub-index for finished goods inventories moved down 2.5 percentage points from the previous month to 47.7 percent, while the sub-index for production shrank slightly by 0.1 percentage points to 52.6 percent.

The sub-index for raw materials inventories remained unchanged at 47.5 percent in April, said the CFLP.

The official PMI figure, based on a survey of purchasing managers from 3,000 companies in 21 industries, chimed with the HSBC's flash PMI reading announced last week.

The PMI for China's manufacturing sector fell to 50.5 from March's 51.6 on a 100-point scale, according to the British bank, whose final reading for April is scheduled to be released on Thursday.

Although the PMI figure may further weaken market expectation for a strong rebound in the Chinese economy, the CFLP said the Chinese economy has been showing signs of positive structural adjustments since the beginning of this year.

The April sub-index for new orders in the manufacturing of non-mental mineral products rose by more than 4 percentage points from a month earlier, representing improving demand in infrastructure investment and investment for technological upgrades, the CFLP said in the statement.

It added that the new orders sub-index for equipment manufacturing also remained at a steady, high level.

Meanwhile, the sub-index for new export orders slid again to below 50 percent, indicating uncertainties in external demand, the federation noted.

More efforts should be carried out to tame overcapacity, boost domestic consumption, stabilize prices and encourage economic restructuring, in order to maintain steady and sound economic growth, according to the CFLP.

China's gross domestic product growth unexpectedly slowed to 7.7 percent in the first quarter of 2013, down from 7.9 percent during the final quarter of 2012, data from the National Bureau of Statistics showed in mid April.

Based on the April PMI figures, a slight slowdown in future economic growth could be possible, Zhang Liqun said, stressing that efforts should be made to stabilize domestic demand and improve the sustainability of China's economic recovery.

The CFLP data also showed that the employment sub-index for April declined 0.8 percentage points to 49.0 percent, indicating job cuts, while the sub-index for supplier delivery times fell slightly to 50.8 percent.

The business outlook sub-index came out 6.2 percentage points lower from a month earlier to 59.3 percent, meaning that fewer manufacturing companies were optimistic about their business activities in the next three months.

 

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 欧美一级专区免费大片野外交 | 在线观看免费为成年视频 | 成人在线91 | 成人午夜大片免费7777 | 九九在线精品视频xxx | 成人午夜亚洲影视在线观看 | 美女张腿男人桶免费视频 | 神马我我不卡伦影视 | 国产精品视频视频久久 | 日韩毛片在线免费观看 | 日本三级在线观看中文字 | 国产精品私人玩物在线观看 | 国内精品一区二区2021在线 | avtt加勒比手机版天堂网 | 国产21区| 亚洲欧美网站 | 免费一级特黄3大片视频 | 久久免费视频播放 | 男女国产视频 | 步兵精品手机在线观看 | 亚洲成a人片在线观看中 | 亚洲毛片 | 久久视频6免费观看视频精品 | 黄人成a动漫片免费网站 | 特级a欧美做爰片毛片 | 欧美日韩第二页 | 日本精高清区一 | 在线视频三区 | 国产精品理论片在线观看 | 午夜伊人 | 国产九九视频在线观看 | 久久爰www免费人成 久久曰视频 | 日韩欧美三级在线观看 | 亚洲国产成人精品一区91 | 欧美精品亚洲一区二区在线播放 | 成年男人的天堂 | 超91精品手机国产在线 | 欧美一级乱理片免费观看 | 欧美激情亚洲 | 成人毛片1024你懂的 | 亚洲资源在线观看 |