国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

China economic activity shows downward pressures persist

(Agencies) Updated: 2015-11-11 15:51

China economic activity shows downward pressures persist

A labourer cuts steel bars at a railway bridge construction site in Lianyungang, Jiangsu province, September 12, 2015.[Photo/Agencies]

Growth in China's factory output eased in October while that for retail sales edged up and investment inched lower, indicating persistent downward pressures on the economy that may require further policy support.

Factory output grew slower than expected at an annual 5.6 percent in October, National Bureau of Statistics data showed on Wednesday, missing a Reuters forecast of 5.8 percent and down from 5.7 percent in September.

Fixed asset investment rose 10.2 percent in the first 10 months, slightly slowing from a 10.3 percent gain in the January-September period. Analysts polled by Reuters had forecast a 10.2 percent rise.

Retail sales growth continued to pick up, expanding at 11.0 percent in October, compared with 10.9 percent in September. Analysts had forecast growth of 10.9 percent in October.

"In general, the data is not encouraging, albeit stabilizing somewhat. The manufacturing sector is slowing significantly due to sluggish demand," said Zhou Hao, senior emerging markets economist at Commerzbank in Singapore.

"Property investment remained low, which has failed to turn around the momentum of overall investment. While consumption outperformed somewhat, the overall growth profile still remains weak, weighing on the overall growth as a result."

Wednesday's mixed activity data came on the heels of muted inflation and disappointing trade figures.

NBS data published on Tuesday showed consumer inflation moderated more than expected in October, while producer prices extended their decline to a 44th straight month.

October trade figures widely missed forecasts, with exports falling 6.9 percent and imports tumbling 18.8 percent.

Against the backdrop of tepid investment and factory overcapacity, a vice finance minister assured reporters on Tuesday that the country is confident of achieving economic growth of around 7 percent this year, which would be the slowest pace of expansion in a quarter of century.

Hot Topics

Editor's Picks
...
利津县| 二手房| 涿鹿县| 白城市| 无锡市| 固安县| 平安县| 马尔康县| 攀枝花市| 宣威市| 电白县| 五大连池市| 枣庄市| 河北省| 永德县| 当阳市| 调兵山市| 南皮县| 永川市| 长沙市| 陈巴尔虎旗| 乌鲁木齐县| 广南县| 同江市| 鹤庆县| 武夷山市| 玛沁县| 瑞昌市| 伽师县| 五河县| 子洲县| 闸北区| 从化市| 融水| 池州市| 丹棱县| 宁夏| 龙岩市| 凤庆县| 尼勒克县| 克山县|