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

Oct manufacturing PMI retreats

(Xinhua) Updated: 2014-11-01 16:24

Oct manufacturing PMI retreats

BEIJING -- China's manufacturing activity continued waning in October with the purchasing manager's index (PMI) hitting a five-month low, official data showed Saturday.

The manufacturing PMI, a key measure of factory activity in China, measured 50.8 in October, down 0.3 percentage points from September, according to the data released by the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP).

The October reading was 0.9 percentage points lower than a yearly peak of 51.7 recorded in July.

A reading above 50 indicates expansion, while that below 50 represents contraction. The NBS manufacturing PMI samples 3,000 enterprises of various sizes nationwide.

In terms of the size of the surveyed enterprises, the PMI of large manufacturers posted at 51.9 in October, down 0.1 percentage point from September.

That of medium enterprises stood at 49.1, down 0.9 percentage points from the previous month, and fell to a state of contraction.

The PMI of small manufacturers registered at 48.5, down 0.1 percentage point, and remained in the contraction territory, the NBS said.

Among the sub-indices of the PMI, the production index posted at 53.1, down 0.5 percentage points from September.

The index of new export orders dipped by 0.3 percentage points to 49.9 and new orders index lost 0.6 percentage points to stand at 51.6.

In addition, the index of production and business activity expectation dropped 1.9 percentage points month on month to 54.1.

"The drops in the PMI were partly caused by the week-long National Day holiday starting Oct 1," said Chen Zhongtao, an economist with the China Logistics Information Center.

"Despite the declines, the reading remained above the expansion-contraction threshold and indicates China's manufacturing sector was steady as the economy is entering a 'new normal'," said Zhao Qinghe, a senior NBS statistician.

The manufacturing activity was largely on the rise, said Zhao, citing the above-50 readings in production index, new orders index and purchase quantity index.

However, a lackluster PMI indicated that the Chinese economy is still under downward pressure, according to Zhang Liqun, a macroeconomics researcher with the Development Research Center of the State Council.

The October PMI was mainly supported by the relatively good performance of large enterprises while business activity in medium and small manufacturers showed signs of contraction.

"Therefore, we need continued efforts to further cement the foundation for the development of the manufacturing sector," said Zhao.

CFLP Vice President Cai Jin said surveys found that capital crunch increasingly fettered manufacturers.

"Nearly half of the polled enterprises told us that they were in shortage of money," said Cai, adding that a lack of money led to a cut in manufacturing activity.

China's GDP expanded 7.3 percent from a year ago in the third quarter, compared with 7.5 percent in the second quarter and 7.4 percent in the first quarter of this year.

The economy expanded at a slower pace, but it still remained within the "proper range" set by policymakers, according to the NBS.

Although the manufacturing sector may face hard time in the short term, Zhang said a string of pro-growth measures released in the third quarter are kicking in.

"There will not be a trend decline in the manufacturing PMI," forecasted Zhang.

Oct manufacturing PMI retreats

Oct manufacturing PMI retreats

China's August PPI down 1.2% Economists upbeat on China

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 中文字幕视频免费在线观看 | 久久精品一品道久久精品9 久久精品一区 | 小毛片在线观看 | 九九视频在线观看视频6偷拍 | 澳门毛片在线播放 | 国产一区二区三区在线视频 | 美女黄色片免费 | 精品日韩在线视频一区二区三区 | 久久99久久成人免费播放 | 国产美女视频做爰 | 国内精品久久久久久 | 精品视频 久久久 | 欧美另类性视频在线看 | 国产aaa级一级毛片 国产aaa毛片 | 在线观看亚洲成人 | 中文字幕99在线精品视频免费看 | 日韩国产在线观看 | 欧美视频成人 | 国产成人综合网亚洲欧美在线 | 欧美一欧美一级毛片 | 欧美精品一级毛片 | 日本无卡码免费一区二区三区 | 欧美视频一区二区专区 | 国产一二三区精品 | 久久亚洲不卡一区二区 | 日本高清乱偷www | 亚洲欧美日韩中文字幕在线一区 | 国产一级一片免费播放视频 | 亚洲欧美视频二区 | 婷婷丁香久久 | 三级视频在线观看 | 亚洲国产精品日韩在线观看 | 亚洲人成网站色7799在线观看 | 精品久久久视频 | 最新欧美一级视频 | 一级毛片免费观看不卡的 | 久久亚洲私人国产精品 | 精品欧美一区二区在线看片 | 亚洲国产精品看片在线观看 | 一本色道久久综合亚洲精品高清 | 免费看三级毛片 |