www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

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: 亚洲欧美久久精品一区 | 欧美一区二区三区在观看 | 91欧洲在线视精品在亚洲 | 欧美极品在线播放 | 91在线一区二区三区 | 国产一级成人毛片 | 一区二区三区在线 | 日本 | 国产精品久久久久久影视 | 欧美成人一区二区三区 | 国产精品美女免费视频大全 | 亚洲国产三级 | 日韩毛片高清免费 | 日本久久久久一级毛片 | 一区二区三区免费观看 | 黄色网址在线免费观看 | 日韩视频在线观看中字 | 国产成人综合日韩精品无 | 日韩欧美日本 | 久久91亚洲精品中文字幕奶水 | 国产在线a不卡免费视频 | 精品免费视频 | 欧美日韩国产成人精品 | 美女个护士一级毛片亚洲 | 特级黄色毛片在放 | 一级毛片免费不卡在线视频 | 欧美经典成人在观看线视频 | 超级碰碰碰在线观看 | 日韩久久网 | 日韩欧美亚洲 | 欧美日韩国产亚洲一区二区 | 中国美女黄色一级片 | www久久久| 欧美成人午夜免费完成 | 亚洲日产2021三区 | 日韩精品免费一区二区 | 亚洲精品综合一区二区三区在线 | 18videosex性欧美69超高清 | 男人桶女人暴爽的视频 | 一级做性色a爱片久久片 | 欧美黑粗特黄午夜大片 | 狼伊千合综网中文 |