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

left corner left corner
China Daily Website

Non-manufacturing PMI

Updated: 2012-09-04 08:09
( China Daily)

The increase seen in China's official non-manufacturing purchasing managers' index for August is showing a silver lining to the cloud that was cast over the country's economic prospects by an exceptionally low manufacturing index.

Yet, before we can confidently say the economy is bottoming out, we need to see economic data for the coming month.

The non-manufacturing PMI stood at 56.3 in August, up slightly from July's 55.6. The index tracks activity in the retail, aviation, software, real estate and construction industries.

At the least, the increases indicate that China's services industry has managed to weather the economic slowdown, which resulted in 7.6 percent year-on-year growth in GDP in the second quarter of 2012, the lowest rate of increase in three years.

The higher August reading is also helping to alleviate the worries of people who think the country's economy is continuing to deteriorate. Such concerns were further stoked by the National Bureau of Statistics' announcement on Saturday that the August manufacturing PMI had hit a nine-month low of 49.2. A reading above 50 indicates expansion and one below contraction.

A sub-index for new orders in the construction sector, in particular, has shown month-on-month increases in two consecutive months, indicating that the larger investments made in recent months may be starting to bolster the economy.

Yet, risks remain.

Economic difficulties aside, the non-manufacturing index itself is well below the 10-month high of 58 it showed in March. And some of its sub-indices, such as the one tracking new orders, declined to 52.7 from 53.2 in July.

Moreover, a reading for a single month does not necessarily reveal a trend. More time is needed to monitor the services sector to see if it can be a strong foundation for the struggling economy.

With the manufacturing PMI dropping lower in August, the country is likely to take more targeted measures to boost its manufacturing sectors and, in the meantime, put more resources toward keeping the services sector going.

The economic data for September will therefore be very important, as they will give policymakers a sense of how well existing pro-growth measures have succeeded and if, in the case conditions continue to worsen, more measures need to be taken to bail out the economy.

(China Daily 09/04/2012 page8)

8.03K
...
主站蜘蛛池模板: 窝窝午夜影院 | 欧美大胆性生活 | 在线观看视频中文字幕 | 亚洲九九热 | 日韩av成人在线 | 激情五月色播 | 天干夜夜爽爽日日日日 | av不卡在线看 | 国产精品久久免费观看 | 综合一区二区三区 | 欧美亚洲综合在线 | 日日狠狠久久偷偷四色综合免费 | 最好看的中文字幕 | 99精品免费观看 | 日本黄色大片在线观看 | 成年人的免费视频 | 超碰久热 | 一区二区黄色 | 国产原创视频在线观看 | 日韩中文字幕免费视频 | 天天操妹子 | 一区二区三区中文字幕在线观看 | 三上悠亚 在线观看 | 国产成人在线免费观看 | 天堂在线中文视频 | 日韩一级片网站 | 久热香蕉视频 | 国产一区二区精品久久 | 麻豆精品免费 | 麻豆一区二区三区 | 亚洲精品第一页 | 久久9999久久免费精品国产 | 成人黄色三级视频 | www.色黄| 日韩欧美黄 | 99热这里只有精 | 亚洲国产精品欧美久久 | 91精品国产麻豆国产自产在线 | 一区av在线 | 91视频免费观看网站 | 青青草影视 |