综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

China's non-manufacturing sector shrinks in Feb

Xinhua | Updated: 2013-03-04 09:37

BEIJING -- China's non-manufacturing sector shrank in February, an official monthly survey showed on Sunday.

The Purchasing Managers Index (PMI) of the non-manufacturing sector declined to 54.5 percent in February, down 1.7 percentage points from January, the China Federation of Logistics and Purchasing (CFLP) said in an online statement.

The figure marked the first decline since October, said CFLP.

A PMI reading above 50 percent indicates expansion from the previous month, while a reading below 50 percent indicates contraction.

The sub-index of intermediate input prices bore the biggest loss of 2 percentage points to 56.2 percent in February.

The sub-index for new orders retreated 1.9 percentage points from a month earlier to 51.8 percent, while new export orders also lost 1 percentage point to 51.6 percent.

Bucking the trend as five industries reaching beyond 60 percent in January, none hit 60 percent in February while water transportation even dropped to below 50 percent. Only construction and services ranged between 50 percent and 60 percent during the month.

Cai Jin, vice chairman of the CFLP, attributed the decline mainly to a dip in construction during the period, when the Spring Festival holiday, an occasion for family reunions, falls.

Business activity in house building and decoration saw remarkable declines while new orders for civil engineering hit a record high, with expectations of further steady expansion of infrastructure investment in 2013, the CFLP said.

Despite the shrink, consumption during China's most important festival helped the index to maintain a comparatively high level of 54.5 percent.

The holiday especially stimulated the transport and retail sectors. Air transport topped all the other industries in business activity and new orders, according to Cai.

The seven-day holiday, also known as "golden week," realized 203 million trips, up 15.1 percent year on year, with a gross revenue of 117.06 billion yuan ($18.81 billion), an official report on tourism showed.

Retail and information consumption sectors such as television and satellite services also performed well, the CFLP said.

However, catering business continued to slump to a new low, marking the second consecutive reading of below 50 percent, rooted in a public response to the central government's calls for a frugal lifestyle, which has also led government organs and companies to reduce extravagance and cut spending in restaurants.

Although the holiday effects restricted excessive expansion in construction and upstream price rises, Cai still warned of possible pressures caused by sharp price rises.

Other sub-indices, such as employment and business outlook increased from a month earlier.

The figures followed Friday's release of a 51.1-percent figure for manufacturing sector PMI, a sign of steady growth in China's economy.

The CFLP's non-manufacturing PMI is based on a survey of about 1,200 companies in 27 industries, including transport, real estate, catering and software development.

Most Viewed in 24 Hours
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
原平市| 屯昌县| 融水| 朝阳市| 海丰县| 潞城市| 阳城县| 阿克苏市| 曲阳县| 榆林市| 随州市| 法库县| 剑阁县| 上林县| 肇州县| 崇义县| 迁安市| 增城市| 临城县| 乌拉特后旗| 巴林右旗| 平顶山市| 大关县| 奉节县| 济源市| 兴宁市| 青冈县| 敦化市| 天水市| 安乡县| 万荣县| 通城县| 乌拉特前旗| 崇礼县| 高平市| 肥东县| 盱眙县| 金平| 黄龙县| 内江市| 九江市|