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

US EUROPE AFRICA ASIA 中文
Business / Macro

China June HSBC PMI shows first expansion in six months

(Agencies) Updated: 2014-07-01 13:44

China June HSBC PMI shows first expansion in six months

An employee works at a textile factory in Jimo, Shandong province May 19, 2014. [Photo/Agencies]

Activity in China's factory sector expanded in June for the first time in six months as new orders jumped, a private survey showed on Tuesday, reinforcing signs of stabilization in the economy as the government steps up policy support.

The final reading of the HSBC/Markit purchasing managers' index (PMI) for June rose to 50.7 from May's 49.4, surging past the 50-point level that separates growth in activity from contraction for the first time since December.

The PMI was slightly weaker than the flash reading of 50.8, but was the highest since November, when it was also 50.8.

China June HSBC PMI shows first expansion in six months
China's HSBC flash PMI shows expansion in June 
The sub-index for new orders, a gauge of demand at home and abroad, hit a 15-month high of 51.8 in June. Stronger domestic demand likely accounted for the jump, as the sub-index for new export orders fell.

"The economy continues to show more signs of recovery, and this momentum will likely continue over the next few months, supported by stronger infrastructure investments," said Qu Hongbin, chief economist for China at HSBC.

"However, there are still downside risks from a slowdown in the property market, which will continue to put pressure on growth in the second half of the year. We expect both fiscal and monetary policy to remain accommodative until the recovery is sustained."

Asian shares firmed slightly on the factory activity report.

Beijing has unveiled a series of modest stimulus measures in recent months to give a lift to economic growth, which dipped to a 18-month low in the first quarter.

Such measures have included targeted reserve requirement cuts for some banks to encourage more lending, quicker fiscal disbursements and hastening construction of railways and public housing projects.

But the recovery looks patchy given a downturn in the property sector, which could spill-over into a wide range of industries, analysts say.

The HSBC/Markit survey also showed manuafacturing-sector jobs were still being shed in June, albeit at a slower pace.

The official manufacturing PMI rose to a six-month high of 51 in June from May's 50.8, the National Bureau of Statistics said earlier on Tuesday, in line with market expectations.

The official PMI is weighted more towards bigger and State-owned enterprises and tends to paint a rosier picture than the HSBC/Markit survey, which focuses more on smaller private firms.

A recent Reuters poll shows analysts expect annual GDP growth to slow to 7.3 percent in the second quarter from an 18-month low of 7.4 percent in the first quarter. They expect full-year growth of 7.3 percent in 2014, the weakest in 24 years.

The statistical bureau is due to release data on GDP growth for the second quarter on July 16, long with factory output, retail sales and investment figures.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 成人免费a视频 | 欧美大逼 | 成人精品一区二区三区中文字幕 | 9.1人成人免费视频网站 | 视频一区二区在线 | 色婷婷小说 | 亚洲成人第一页 | www亚洲色图 | 国产精品免费在线播放 | 毛片毛片毛片毛片毛片毛片 | 日韩香蕉视频 | 毛片视频网站 | 超碰中文在线 | 婷婷四房综合激情五月 | 国产精品久久久久久妇女6080 | 黄色伊人网 | 麻豆免费看| 亚洲欧美一二三区 | 欧美精品一区二区三区四区 | 男人吃奶动态图 | 免费一区二区三区 | 一区二区网站 | 美女国产精品 | 精品国产精品国产精品 | 亚洲人成人一区二区在线观看 | 一本一道精品欧美中文字幕 | 欧美一区二区视频在线观看 | 亚洲狠狠| 欧美一区二区公司 | 国产高潮呻吟 | 五月婷婷六月综合 | 久久久久黄色 | 中文字幕一区二区三区在线观看 | 午夜影视福利 | 综合狠狠 | 久久婷婷国产麻豆91天堂 | 夜夜嗨av一区二区三区网页 | 一区二区三区精品在线观看 | 婷婷夜色 | 成人国产精品免费观看 | 97超碰在线免费观看 |