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 / Top News

China's May manufacturing PMI rises to 50.8

(Xinhua) Updated: 2013-06-01 10:32

????????????? China's May manufacturing PMI rises to 50.8

BEIJING - China's Purchasing Managers' Index (PMI) for the manufacturing sector rose to 50.8 percent in May from 50.6 percent in April, data from the China Federation of Logistics and Purchasing (CFLP) showed Saturday.

May marked the eighth consecutive month that the PMI figure stayed above 50 percent, the line demarcating expansion from contraction, according to a statement from the CFLP.

A modest rise in the May PMI and steady sub-indices suggest that the recovery trend in China's economy has become more obvious, said Zhang Liqun, an analyst from the Development Research Center of the State Council.

According to the CFLP, the sub-index for production moved up from 52.6 percent in April to 53.3 percent in May. The sub-index was a major driver of the May PMI and represents expanding output.

Orders received by manufacturers picked up in May, as the sub-index for new orders edged up 0.1 percentage point from the previous month to 51.8 percent.

After tumbling 10.5 percentage points to drop below the 50-percent line in April, the sub-index for the purchasing prices of raw materials rebounded 5 percentage points to 45.1 percent in May, indicating improved market expectations, according to Zhang.

The sub-index for inventories of raw materials edged up 0.1 percentage point from the previous month to 47.6 percent in May, but still marked the fourth consecutive month of shrinking stocks.

However, the sub-index for inventories of finished goods went up along with the figures for purchasing prices and purchasing quantity, showing positive stock adjustments and providing room for economic recovery at large, according to the CFLP.

The CFLP data also shows that the employment sub-index for May declined 0.2 percentage point to 48.8 percent, indicating job cuts, while the sub-index for supplier delivery times stood unchanged at 50.8 percent.

The official PMI, based on a survey of purchasing managers from 3,000 companies across 21 industries, diverged from the HSBC's flash PMI reading issued last week.

HSBC said the PMI for China's manufacturing sector dropped to 49.6 points in May, sinking below the 50-point line for the first time in seven months. The bank's final reading is scheduled to be released on Monday.

The flash reading renewed concerns over insufficient momentum for China's economic rebound, as the country's growth unexpectedly slowed to 7.7 percent in the first quarter of 2013, down from 7.9 percent during the final quarter of 2012.

So far, this year's PMI figures have shown that the economy is on track for restructuring with a solidified foundation and conditions necessary for economic growth, the CFLP said.

According to the federation, 42.7 percent of companies surveyed in May still reported a shortage of orders. The CFLP also warned that high-energy-consuming sectors are showing signs of expanded production.

The PMIs for large and medium-sized companies both picked up in May and remained steadily above 50 percent, whereas the index for small enterprises pared 0.3 percentage point to 47.3 percent, the CFLP added, calling on policy makers to lend their support to smaller industry players.

Meanwhile, the business outlook sub-index came out 3 percentage points lower month on month at 56.3 percent, meaning fewer manufacturers were optimistic about business activity in the coming three months.

The CFLP also noted that the PMIs for the country's central and western regions have shown a downward trend over the past two months, heightening the need for stronger growth momentum in those regions.

Zhang Liqun, the analyst, attributed the drop in central China's PMI to structural adjustments and economic upgrading.

"The influence of economic restructuring will become more visible in the future, but uncertainties facing China's economic growth cannot be neglected," the analyst said.

 

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 91情国产l精品国产亚洲区 | a一级特黄日本大片 s色 | 99pao在线视频成精品 | 7777在线视频 | aaa欧美| 一本伊大人香蕉高清在线观看 | 最近最新中文字幕免费的一页 | 99久久免费国产精品 | 91久久国产精品视频 | 日本一线一区二区三区免费视频 | 亚洲欧美日韩专区 | 97欧美精品一区二区三区 | 国产欧美日韩精品第一区 | 黄色毛片视频校园交易 | 久久视频免费 | 日韩精品久久久毛片一区二区 | 久久精品在线免费观看 | 99国产精品热久久久久久夜夜嗨 | 男人的天堂视频在线观看 | 午夜影院0606 | 另类视频在线 | 毛片一级 | 天海翼精品久久中文字幕 | 国产最新精品 | 日本免费毛片 | 深夜爽爽福利gif在线观看 | 亚洲精品 欧美 | 亚洲国产精品自产拍在线播放 | 中文国产成人精品久久无广告 | 久久福利国产 | 久久香蕉国产线看免费 | 国产成人微拍精品 | 亚洲aⅴ男人的天堂在线观看 | 亚洲国产日韩欧美在线 | 黄网站色视频免费观看w | 中文字幕一区二区三区精品 | 欧美亚洲综合另类在线观看 | 国产杨幂福利在线视频观看 | 中文精品久久久久国产不卡 | 久久免费精品视频在线观看 | 欧美一级毛片aaaaa |