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 / Economy

Manufacturing produces small increase in April

By Gao Yuan (China Daily) Updated: 2014-05-02 08:35

Manufacturing growth experienced a small increase in April while new export orders fell sharply, official data showed on Thursday.

The world's second-largest economy still faces heavy downward pressure, although second-quarter growth is showing signs of recovery, analysts warned.

The purchasing managers index for the manufacturing sector rose to 50.4 in April, indicating a slight expansion, according to the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

Manufacturing produces small increase in April

Manufacturing produces small increase in April

The reading was 50.3 a month ago. The index began to climb in March after a three-month decline.

"Slowly expanding domestic demand is fueling the increase of the PMI," said Zhao Qinghe, an analyst at the NBS. The raw material procurement index also hit a three-month high.

But the contracting new export orders sub-index in the PMI is signaling that Chinese factories face sluggish exports ahead. Its April reading slumped one point to 49.1. Exports from China shrank 3.4 percent year-on-year in the first quarter, data from the General Administration of Customs show.

"China's economic growth remains weak because of slowdowns in the export, property and employment sectors. The country is hungry for fresh government policies to regain the upswing momentum," said a Bank of China report released on Monday.

On Wednesday, Premier Li Keqiang pledged to support the trade sector in a bid to stimulate the cooling economy.

Li stressed "arduous efforts" will be needed to meet the annual growth target of 7.5 percent for 2014.

Previous growth-spurring measures are showing positive effects in April and if the weakening in the property sector does not worsen, economic growth is on track to speed up, said the Bank of China.

Steady growth of PMI in the following months is very likely because of favorable policies, according to Zhang Jing, an analyst with Nanjing-based broker Huatai Securities.

Manufacturing produces small increase in April"The so-so economic performance was just an acceptable start for the second quarter. The economy is set to face strong challenges in the second half of this year," Zhang warned.

The April PMI released by HSBC Holdings less than a week ago was posing an even more pessimistic economic outlook, reporting a fourth straight monthly decline.

The Ministry of Industry and Information Technology said the profitability of local factories increased during the first three months of this year.

"The government has been trying to optimize the nation's industrial structure while keeping a steady overall production growth," said the ministry.

But the remarks could not deliver enough evidence of recovery to the market. Mounting finished goods inventories still bother manufacturers, said a Huatai Securities report.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 丁香花五月婷婷 | 亚洲精品欧美精品 | 欧美人成在线 | 婷婷深爱网| 久久国产在线视频 | 国产在线二区 | 欧美亚洲国产一区二区三区 | 华人永久免费 | 91最新在线视频 | 日本色午夜 | 麻豆一区在线观看 | 天天操国产 | 懂色av一区二区 | 欧美我不卡 | 国产日韩欧美一区 | 欧美亚一区二区三区 | 久草色视频 | 九色视频在线播放 | 色综合综合 | a级一a一级在线观看 | 在线毛片网站 | 爆操欧美美女 | 一级黄色大毛片 | 亚洲国产欧洲 | 日韩毛片在线免费观看 | 国产精品视频免费看 | 国产原创中文av | 中文日韩在线观看 | 色5月婷婷 | 九九伦理 | 九热在线| 99热这里有精品 | 射黄视频 | 亚洲国产天堂 | av首页在线 | 在线视频日韩精品 | 另类ts人妖一区二区三区 | 77久久| 在线观看免费福利 | 少妇白浆 | 1024国产在线 |