日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

China's infrastructure construction gathers pace as epidemic wanes

Xinhua | Updated: 2020-04-14 15:18
Share
Share - WeChat
Sany Heavy Industry employees assemble trucks at a production facility in Changsha, capital of Hunan province. [Photo/Xinhua]

BEIJING - Infrastructure construction has gathered pace across China as the government ramped up funding to spur investment in the sector following basic containment of the novel coronavirus outbreak.

Data from China Construction Machinery Association showed excavator producers reported record sales in March as production resumption accelerated nationwide.

Total excavator sales, an important indicator of the vitality of an economy as demand is usually backed by growth in mining and infrastructure development, hit a record high of 49,408 last month, up 11.6 percent year-on-year.

The industry data, which suggest a rebound in activities, was in line with the excavator index tracked by leading construction gear maker Sany Heavy Industry Co Ltd that showed infrastructure construction had recovered to the average level seen in 2019 since March 20.

In another sign of recovery, production and prices of construction materials, including cement and steel, saw visible climbs. Data from the Ministry of Industry and Information Technology showed work resumption rate of the cement industry reached 94 percent as of April 6.

Transactions on the steel market became more active, with daily transactions reaching 238,000 tons in early April from 127,000 tons seen in early March, data from industry information provider mysteel.com showed.

"Demand in the construction industry has basically recovered to last year's level driven by new and resumed projects," said Xu Xiangchun, an analyst with mysteel.com.

As China looks to quicken the issuance of local government bonds, which are mainly used on infrastructure, investment in the area is likely to see double-digit growth this year.

Earlier data showed China's local government bond issuance reached a record high in the first quarter as authorities allocated additional quotas for new sales as part of the more proactive fiscal policies to shore up the virus-hit economy.

The value of local government bonds issued in March totaled 387.5 billion yuan ($55 billion), bringing total local government bond issuance to more than 1.6 trillion yuan in the first quarter.

Top
BACK TO THE TOP
English
Copyright 1994 - . 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
CLOSE
 
主站蜘蛛池模板: 四虎私人影院 | 成人福利在线 | 超碰88 | 国模精品视频一区二区 | 成人免费xxxxxx视频 | 午夜毛片在线观看 | 国产视频综合 | 亚洲图片欧美日韩 | 久久尹人 | 午夜999 | 夜夜爽网站 | 免费看的毛片 | 久久久久久久久久久久久久 | 日本欧美一区二区 | 国产黄色免费在线观看 | 日韩久久久久 | 热久久最新网址 | 国产一级视频在线观看 | 色综合免费视频 | 亚洲成人精品一区二区 | 国产精品精品国产 | 日本中文字幕有码 | 亚洲理伦 | 色在线看| 性猛交丝袜高跟鞋老太婆 | 久久免费激情视频 | 久久福利一区 | 免费黄色一级视频 | 日韩一区二区三区视频 | 国产激情精品 | 丁香六月天婷婷 | 在线看成人片 | 成年人小视频 | 国产拍拍 | 麻豆视频在线看 | 国产69精品久久久久久久久久 | 色婷婷成人 | 欧美一级一区二区三区 | 夜夜天天干 | 尤物最新网址 | 婷婷色伊人 |