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 / Industry Watch

Service sector shines in February, while manufacturing moseys along

By Wei Tian and Yu Ran in Shanghai (China Daily) Updated: 2014-03-04 07:58

Service sector shines in February, while manufacturing moseys along

Hu Yuexiao, chief macroeconomic analyst with Shanghai Securities, said activities in the manufacturing sector may rebound in March as more small factories open after the holiday, but he ruled out the possibility of policy relaxation because, he said, the control of risk still has more priority than stabilizing growth.

Hu's view was echoed by Chen Guanglei, chief macroeconomic analyst with Hongyuan Securities. He said: "Considering the pressure of deleveraging in the country's financial sector, the policy stance will remain generally stringent in the short term."

Service sector shines in February, while manufacturing moseys along

Service sector shines in February, while manufacturing moseys along

Despite mixed prospects for the world's second-largest economy, the Shanghai Composite Index rose by nearly 1 percent on Monday, closing at 2,075.24. Chen said the capital markets are fully aware of the weak data and were therefore not affected much. "The market has reached a consensus for a mild economic slowdown," said Hu.

Yang Weixiao, a senior analyst with Lianxun Securities, said a recovery in China's manufacturing sector will have to rely on external demand from foreign markets. He suggested exports will expand in the coming months because of a recovery in developed markets and the weaker yuan.

The Chinese currency suffered its largest weekly fall in 20 years last week by losing a significant 0.9 percent. Yi Gang, the deputy governor of the central bank, the People's Bank of China, said the fluctuation was normal and the fundamentals of China's economic growth are good. But, at the moment, manufacturers are finding every way to cope.

"It is essential for companies to make use of their own advantages to minimize their costs," said Zhang Bin, general manager of a Shanghai-based manufacturer and exporter of steel products.

"Upgrading the product structure has also been a regular task for the company," Zhang said, adding the company would remove certain unpopular items from the shelves on a monthly basis. "Overseas demand is set to increase because most of the export manufacturers will resume operation of their production lines by mid-March. More orders are expected to come in then," said Jiang Kexing, the manager of a Zhejiang-based logistics company.

"We have been quite busy so far this year moving cargo within the country because local retailers are buying large amounts of goods to stock up for the first half of the year," said Jiang.

Don't miss:

Service sector shines in February, while manufacturing moseys along

Top 10 wealthiest people of Chinese origin 

Service sector shines in February, while manufacturing moseys along

Top 10 brands that win rich women's hearts 

 

 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
柳州市| 仙桃市| 马龙县| 南开区| 灌南县| 武平县| 襄城县| 宁国市| 五大连池市| 通州区| 大同市| 太原市| 呼图壁县| 吴桥县| 视频| 伊吾县| 叙永县| 菏泽市| 黑龙江省| 新乐市| 道真| 巴中市| 长泰县| 调兵山市| 五台县| 武威市| 兴安县| 图们市| 绥德县| 五莲县| 柏乡县| 那坡县| 四子王旗| 观塘区| 宜城市| 霸州市| 汨罗市| 文安县| 延津县| 滦南县| 肥城市|