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

China October services growth slips to 9-month low, property weighs

(Agencies) Updated: 2014-11-03 14:46

China October services growth slips to 9-month low, property weighs

A waitress fans a cloth napkin at a hotel restaurant in Foshan, Guangdong province. [Photo / China Daily] 

China's services sector grew at its slowest pace in nine months in October as a cooling property sector weighed on demand, a survey showed on Monday, adding to signs of fragility in the world's second-largest economy.

The services sector has been more resilient than the manufacturing sector and is creating more jobs, which partly explains why the government has so far refrained from more aggressive policy easing in supporting the slowing economy.

The official non-manufacturing Purchasing Managers' Index (PMI) fell to 53.8 in October from September's 54.0, which was the weakest reading since January, the National Bureau of Statistics said.

But it was still comfortably above the 50-point mark that separates growth from contraction on a monthly basis.

China October services growth slips to 9-month low, property weighs 
China's FDI inflow up 3.4% in April
China October services growth slips to 9-month low, property weighs
 Service sector growth slows

The sub-index of new orders inched up to 51.0 in October from September's 49.5, which was the lowest since December 2008.

"Sub-indices for sectors such as railway transport and real estate remained below the 50 point and market demand weakened," the bureau said.

The sub-index measuring employment fell to 48.9 in October - the fourth straight month when it was below 50, and was down from September's 49.5.

An official survey published on Saturday showed China's factory activity unexpectedly fell to a five-month low in October as firms fought slowing orders and rising costs in the cooling economy, reinforcing views that the country's growth outlook is hazy at best.

China's annual economic growth slowed to 7.3 percent in the third quarter, the weakest pace since the global financial crisis, even as the government rolled out more stimulus measures to avert a sharper slowdown.

The two surveys suggest a further loss of economic momentum heading into the fourth quarter. Analysts had already expected full-year economic growth to miss the government's full-year target of around 7.5 percent, even after it rolled out a series of support measures.

Still, top policymakers have issued a steady stream of reassurances about the economy in recent weeks, citing among other things a strong services sector and a still resilient labor market.

Policy measures so far this year include accelerated construction of railway and public housing projects, cuts in reserve requirements (RRR) for some banks and loosening of restrictions on property purchases to support the cooling housing market.

The services sector made up 46.1 percent of gross domestic product in 2013, surpassing the secondary sector – manufacturing and construction – for the first time, as the government aims to create more jobs and boost domestic consumption.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 精品视频在线一区 | 韩国19禁主播裸免费福利 | 久久福利青草精品免费 | 乱淫67194| 99国产精品久久久久久久成人热 | 亚洲精品久久一区毛片 | 日韩三及片 | 99久久国产免费 - 99久久国产免费 | 模特视频一二三区 | 久久w5ww成w人免费不卡 | 久草在线资源网站 | 精品视频一区二区三区 | 国产在线观看一区 | 国产成人免费 | 欧美成年人网站 | 久久精品免费一区二区视 | 中文字幕久久久 | 一级做a爰片性色毛片视频图片 | 国产精品1页 | 日韩精品视频在线 | 性做久久久久久免费观看 | 久久国产精品成人免费 | 久久成人免费播放网站 | 日本欧美一区二区三区不卡视频 | 日韩国产在线播放 | 九九亚洲精品自拍 | 成人免费高清视频网址 | 日韩在线三级 | 亚洲男人的天堂久久香蕉网 | 国产v在线播放 | 国产午夜三级 | 一区二区三区高清视频在线观看 | 欧美一级美片在线观看免费 | 成人三级在线 | 97高清国语自产拍中国大陆 | 久久这里一区二区精品 | 国产成人综合日韩精品婷婷九月 | 米奇精品一区二区三区在线观看 | 日本在线视频免费看 | 午夜精品影院 | 国内一级特黄女人精品片 |