久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Make me your Homepage
left corner left corner
China Daily Website

Flash PMI data point to growth

Updated: 2013-09-24 02:25
By HE WEI ( China Daily)

Activity in China's vast manufacturing sector hit a six-month high in September as new orders rebounded, a non-official survey showed on Monday, adding to signs of stabilization in the world's second-largest economy.

HSBC's preliminary Purchasing Managers' Index rose to 51.2 from August's final reading of 50.1, the second consecutive month above the watershed 50 level, which separates expansion from contraction.

Flash PMI data point to growth

Workers examine mining equipment on Monday in Huaibei, Anhui province. HSBC's preliminary PMI reading for September, which is at 51.2, boosted confidence that the government's annual growth target could be met.?XIE ZHENGYI / FOR CHINA DAILY

The data — the earliest reading of China's economic performance in September — boosted confidence that the government may be able to meet its growth target for the year.

The preliminary survey, conducted by HSBC Holdings Plc and market data vendor Markit Group Ltd, is usually published about a week before the release of the final figures, making it the earliest available indicator of the manufacturing sector's performance.

Major sub gauges, including new orders, output and new export orders, advanced at a faster pace than in the previous month, except for the employment reading, which stood below 50.

"The firmer footing was supported by simultaneous improvements of external and domestic demand conditions," said Qu Hongbin, HSBC's chief economist in China.

"We expect a more sustained recovery as further filtering-through of fine-tuning measures should lift domestic demand. This will create more favorable conditions to push forward reforms, which should in turn boost the mid- and long-term growth outlooks," he said.

Official PMI data, which focus on large and State-owned firms, have been generally rosier than HSBC's survey, which mainly looks at smaller and private companies.

The latest survey suggested that smaller firms are starting to follow the steps of their larger counterparts, as official data last month climbed to 51 from 50.3 in July.

The government has recently announced a series of measures to support the slowing economy, including scrapping taxes for small firms, offering more help to ailing exporters and boosting investment in urban infrastructure and railways.

The State Council, China's cabinet, said in July that it would simplify customs clearance procedures, cut administrative fees and provide zero tariffs for exporters in the service sector.

Gao Qiang, general manager of Shanghai SVS Tools Co Ltd, said the fine-tuning measures have in part helped to stabilize the exports of his company to India.

Orders for the electronic machine-maker have been steady in the last three months, with monthly shipments rising to two containers from just one container in the first four months of the year.

A similar trend has also been seen at Shanghai SIIC Zhentai Chemical Co Ltd, a company of about 200 employees that makes magnesium oxide products for manufacturing companies. Orders from both domestic and overseas clients have picked up since June, said company spokesman Liang Hong.

"We're also considering adding new staff as signs of a recovery are becoming more evident," Liang noted.

At the same time, last month, China's industrial output, retail sales and export data all showed gains.

The economic recovery may continue until November as monetary policy may be tightened after the third plenary session of the Communist Party of China Central Committee, a defining meeting to discuss deepening reforms in an all-round way, according to Zhang Zhiwei, chief economist in China at Nomura Securities Co Ltd.

"The recovery has been mostly supported by heavy industry, such as steel production. However, at the November meeting we expect the government to shift its focus away from the speed of growth, toward efforts to rebalance the economy and improve the quality of growth," he said.

He expects the official PMI figure to rise to 51.7 in September from 51 in the previous month.

 

8.03K
 
...
...
...
主站蜘蛛池模板: 操爽视频 | 免费人成黄页网站在线观看国产 | 在线はじめてのおるすばん | 日本免费人成在线网站 | 好吊妞国产欧美日韩视频 | 极品五月天 | 一级做a爰片久久毛片看看 一级做a爰片久久毛片鸭王 | 亚洲成在人线免费视频 | 国产三级a三级三级 | 91精品综合久久久久m3u8 | 国产在线视频网址 | 一级成人a毛片免费播放 | 成人无遮挡毛片免费看 | 日韩在线视精品在亚洲 | 国产成人精品午夜免费 | 久久99亚洲精品久久久久 | 456亚洲老头视频 | 九一国产精品视频 | 欧美视频在线观看免费精品欧美视频 | 鲁大师成人精品视频 | 欧美日韩一区二区三区视频在线观看 | 日本成人午夜 | 成人亲子乱子伦视频 | 中国女人毛茸茸免费视频 | 亚洲免费一级视频 | 国产成人精品本亚洲 | 国产欧美日韩一区二区三区 | 欧美日韩99 | 在线三级网址 | 久久久全国免费视频 | 亚洲午夜精品一级在线 | 男人和女人的做刺激性视频 | 久久国产精品免费网站 | 无码精品一区二区三区免费视频 | 日本阿v精品视频在线观看 日本阿v视频在线观看高清 | 波多野结衣在线观看高清免费资源 | 精品国产一区二区三区2021 | 免费永久在线观看黄网 | 国产国产成人人免费影院 | 日韩中文字幕在线亚洲一区 | 被老外玩爽的中国美女视频 |