久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

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

Faster expansion in factory activity shows economic resilience

Xinhua | Updated: 2017-11-30 18:37
Share
Share - WeChat

BEIJING — China's manufacturing sector expanded at a faster pace in November despite production curbs aimed at air pollution control in some factories, official data showed Thursday.

The country's manufacturing purchasing managers' index (PMI) came in at 51.8, up from 51.6 in October, according to the National Bureau of Statistics (NBS).

A reading above 50 indicates expansion, while below reflects contraction.

The data beat market expectations, and pointed to continued resilience in China's growth headed into year-end, said Tom Orlik, Bloomberg chief Asia economist.

"The economy remains in a sweet spot - with policy makers facing little trade-off between the conflicting objectives of growth and deleveraging," Orlik said in a research note.

Sub-indices for production and new orders came in at 54.3 and 53.6, respectively, up from 53.4 and 52.9 last month, indicating accelerated growth in both supply and demand, according to NBS senior statistician Zhao Qinghe.

The growth in production came despite stricter enforcement of environmental rules during winter.

As winter heating in the country's northern region added pressure to air quality, government authorities have resorted to temporary shutdowns of factories or production restrictions in emission-generating industries to reduce pollution.

The market-beating manufacturing PMI data showed that tighter environmental rules would have limited impact on supply and demand as China restructures its economy and develops new growth drivers, according to Zhang Yiping, an analyst with China Merchants Securities.

Companies were more willing to buy, as the sub-index for purchase volume surged to 53.5, the second highest reading this year.

Such a rise indicates improved confidence in the future for many enterprises, according to Zhang.

Equipment manufacturing and high-tech manufacturing continued robust growth, with the sub-indices coming in at 52.9 and 53.2 respectively, suggesting improved industrial structure.

External demand bounced back, with the sub-index for new export orders edging up to 50.8 from 50.1 in October.

China's manufacturing PMI has been in positive territory for 16 consecutive months.

The NBS data also showed that China's non-manufacturing sector expanded faster in November, with non-manufacturing PMI coming in at 54.8 in November, up from 54.3 in October.

The service sector was stable with the help of the November 11 shopping festival, which boosted several industries, including retail and logistics.

Strong construction activity also contributed to the rise in non-manufacturing PMI, with the sub-index jumping to 61.4 from 58.5 in October.

"A rise in both the price and quantity indicators of industrial products in the spot market in November indicated robust investment demand in south and east China in the construction peak season heading to the Spring Festival," according to investment firm China International Capital Corporation (CICC).

"We expect the trend of industrial profit recovery and balance sheet improvement to continue in the near term," CICC said.

Earlier data from the NBS showed that China's major industrial firms saw stronger profit growth in the first 10 months of the year.

Industrial companies with annual revenue of more than 20 million yuan (about $3 million) reported profits of 6.245 trillion yuan in the first 10 months, up 23.3 percent year-on-year.

Top
BACK TO THE TOP
English
Copyright 1995 - . 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: 欧美亚洲另类久久综合 | 99pao在线视频成精品 | 亚洲影视一区二区 | 免费观看视频成人国产 | 不卡的毛片 | 国产欧美亚洲精品 | 国产一级做a爰片久久毛片男 | 成人一级黄色毛片 | 五月天婷婷伊人 | 91精品人成在线观看 | 亚洲成a v人片在线观看 | 日韩精品亚洲一级在线观看 | 欧美日韩日本国产 | 久久精品视频3 | 高清在线一区二区三区亚洲综合 | 久久久最新精品 | 在线精品视频免费观看 | 亚洲精品久久久久久久777 | 中文字幕亚洲一区 | 成人综合国产乱在线 | 欧美区一区二区三 | 大桥未久在线精品视频在线 | 日韩精品免费一区二区 | 国产一级在线 | 欧美久草在线 | 欧美国产精品一区二区免费 | 久久精品国产第一区二区 | 久视频在线 | 天堂一区二区三区在线观看 | 成人国产网站v片免费观看 成人国产午夜在线视频 | 黄色在线不卡 | 九九国产在线视频 | 亚洲精品亚洲人成在线 | 99国产在线 | 日韩黄色一级片 | 高清一区二区 | 国产成人免费永久播放视频平台 | 欧美精品一区二区在线观看播放 | 制服诱惑中文字幕 | 91精品人成在线观看 | 久久久精品在线观看 |