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 / Macro

China's manufacturing activity expands for 7th month

Xinhua | Updated: 2017-03-01 09:43

China's manufacturing activity expands for 7th month

BEIJING - China's manufacturing sector expanded for the seventh month in a row, evidence that the world's second largest economy is stabilizing amid an uncertain global outlook.

The country's manufacturing purchasing managers' index (PMI) came in at 51.6 in February, 0.3 points higher than that recorded in January, according to National Bureau of Statistics (NBS) data released Wednesday.

A reading above 50 indicates expansion, while a reading below reflects contraction.

NBS statistician Zhao Qinghe said February's reading remained above 51 for five months in a row and pointed to steady expansion of the manufacturing sector.

The latest reading showed the economy's recent stabilization would continue, said Zhang Liqun, a researcher with the Development Research Center under the State Council.

The Chinese economy started the year strongly, with key economic indicators, including those for trade and inflation, all rebounding.

The country's trade started the year with a strong rebound, with exports and imports both up significantly, despite rising trade protectionism, sluggish overseas demand and increasing domestic production costs.

Meanwhile, China's producer prices rose faster than expected in January while consumer inflation increased, reinforcing views that economic growth is firming.

The sub-index for production was 53.7, 0.6 points higher than that recorded in January.

The sub-index for new orders was up 0.2 points to 53.

Zhao attributed the acceleration of production and new orders to the recovery in market demand and robust production.

In addition, the sub-index for the equipment manufacturing sector expanded to a three-year high of 53.3, 1.7 points higher than the overall manufacturing industry.

Chen Zhongtao, an analyst at the China Logistics Information Center, said positive factors had grown for the Chinese economy, including increasing demand, rising prices, better performance of companies, restructuring and a good job market.

The NBS data showed that the sub index for production and business activities expectation rose for the second month to 60 in February, which indicates enterprises are optimistic about the future.

The Chinese leadership on Tuesday stressed quality in reviving the manufacturing sector, saying the sector should shift from increasing quantity to improving quality.

They said that more energy would be channeled into reducing prices and administrative fees in monopolized sectors as well as lowering business burdens.

A separate survey of the service sector also showed steady growth, with non-manufacturing PMI down 0.4 points to 54.2, but staying above the boom or bust 50-mark for the fifth straight month, according to the NBS.

Railway transport, telecommunication and satellite transmission service, Internet and software information technology, finance and insurance were among the fastest growing service sectors, while retail, road transport, catering and property reported contractions.

The service sector accounted for more than half of China's economy last year and for the majority of growth, as rising income made catering, hotels and travel services more affordable for Chinese consumers.

Cai Jin, deputy head of China Federation of Logistics and Purchasing, said the non-manufacturing PMI pointed to a stable and booming non-manufacturing sector.

China reported 6.7 percent GDP growth in 2016, lower than in recent years but within the government target range.

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: 在线精品国产成人综合第一页 | 精品一区二区三区在线播放 | 久草观看 | 成年午夜性爽快免费视频不卡 | 亚洲一区二区三区影院 | 国产精品欧美一区二区在线看 | 欧美日韩精品一区二区三区视频播放 | 亚洲加勒比久久88色综合1 | 国产aaa级一级毛片 国产aaa毛片 | 国产一区二区三区四区五区 | 97在线播放视频 | 国产精品久久一区 | 日韩免费黄色片 | 国产日韩不卡免费精品视频 | 国产精品视频自拍 | 亚洲天堂一区 | 国产日韩在线看 | 国产精品高清一区二区 | 久久免费视频网 | 国产最新网站 | 国产91成人精品亚洲精品 | 日韩在线观看一区二区三区 | 在线成人a毛片免费播放 | 国产呦在线观看视频 | 国产成人麻豆精品 | 国产人人插 | 免费视频久久看 | 久久精品国产91久久综合麻豆自制 | 日本在线观看网址 | 成人a视频在线观看 | 国产高清视频免费观看 | 久艹在线| 美女国产福利视频 | 在线aaa | 日本精品网 | 亚洲成a v人片在线观看 | 看a网址| 国产一级一级一级国产片 | 日本成本人片 | 国内自产拍自a免费毛片 | 美女131爽爽爽做爰中文视频 |