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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

China's Caixin manufacturing PMI hits four-month high in July

Xinhua | Updated: 2017-08-01 11:49

 

China's Caixin manufacturing PMI hits four-month high in July

Technical workers assemble engines at a plant in Yiwu, Zhejiang province.[Photo provided for China Daily]

BEIJING - China's manufacturing activity expanded at its fastest pace in four months in July on the back of economic stabilization, a private survey showed on Tuesday.

The Caixin China General Manufacturing Purchasing Managers' Index (PMI) stood at 51.1 for July, up from 50.4 in June, the highest level in four months, according to the survey conducted by financial information service provider Markit and sponsored by Caixin Media Co. Ltd.

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

The Caixin data came after an official survey showed slightly slower growth in manufacturing activity in July. The National Bureau of Statistics (NBS) said Monday that China's official manufacturing PMI came in at 51.4 in July, down from 51.7 in June.
The official PMI samples 3,000 manufacturing enterprises in China. The Caixin PMI samples some 500 manufacturers and is relatively volatile due to its small sample size and less emphasis on large enterprises.

Caixin said the acceleration in July's manufacturing sector was a result of rising business activity, citing data that both output and new orders rose at the fastest rates in five months, helped by a solid upturn in new export sales.
"This signalled an improvement in the health of China's manufacturing sector for the second successive month," Caixin said in the survey report.

Companies surveyed by Caixin widely commented on an improvement in market conditions and strong foreign demand. Notably, new export sales increased at the second-fastest rate since September 2014, it said.

Official statistics put China's economic growth at 6.9 percent in the first two quarters of this year, up from 6.8 percent in the fourth quarter of 2016, beating market expectations.x In June, the country's industrial-production growth increased to 7.6 percent year-on-year, after staying at 6.5 percent in April and May, data from the NBS showed.

"Operating conditions in the manufacturing sector improved further in July, suggesting the economy's growth momentum will be sustained," said Zhong Zhengsheng, director of macroeconomic analysis at CEBM Group, a subsidiary of Caixin Insight Group.
Given the stable momentum, it is unlikely that China's financial regulatory tightening will be relaxed, he predicted.
Caixin is set to release PMI for China's service sector on Thursday.

The official non-manufacturing PMI came in at 54.5 in July, down from 54.9 in June, according to the NBS.

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
 
深水埗区| 昌乐县| 汉源县| 稻城县| 蒲江县| 宜阳县| 德兴市| 浮山县| 两当县| 苍梧县| 滨州市| 广平县| 潼南县| 辉南县| 班玛县| 铅山县| 库车县| 永城市| 涞源县| 信阳市| 阿克| 张家界市| 吉林市| 武隆县| 历史| 奉化市| 习水县| 乌兰浩特市| 密山市| 望谟县| 正定县| 新建县| 什邡市| 奇台县| 嵊泗县| 株洲县| 丽江市| 连南| 鸡西市| 安阳市| 南溪县|