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

Business / Macro

China's June PMI at six-month high

(Xinhua) Updated: 2014-07-01 10:34

BEIJING - Growth in China's manufacturing sector accelerated to a six-month high in June, registering a strong end to the second quarter and an encouraging sign that the economy is further stabilizing.

The purchasing managers' index (PMI) rose to 51 last month, up from 50.8 in May and the highest since December, according to data released on Tuesday by the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing.

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

This is also the fourth monthly rise of the PMI, a widely watched indicator for the health of the world's second largest economy, which registered a weak start at the beginning of the year and stirred much market concern.

China's economic growth slipped to 7.4 percent in the January-March period, the lowest quarterly expansion since the third quarter of 2012, but recovery in key indicators in the last three months has provided evidence that the economy may have turned the corner.

Apart from the headline PMI, latest data showed industrial businesses saw their profits rise by 9.8 percent from a year ago in the first five months of 2014. China's exports also picked up in May by a 7-percent year-on-year increase, reversing weak performances in previous months.

"The continuous rises in PMI indicate that a trend of stable economic growth has generally been established," said Zhang Liqun, a researcher at the Development Research Center of the State Council. "The policy measures aimed to stabilize growth have taken effect," he added.

Among major sub-indices in the PMI, the one for new orders, seen by analysts as the most important of all, jumped by 0.5 of a point from a month ago to 52.8 in June, the highest since October 2013.

Specifically, the sub-index for new export orders climbed from below the boom-bust line of 50 to 50.3, thanks to improved external demand and government reform measures to support growth and facilitate trade, according to NBS analyst Zhao Qinghe in a research note.

China's June PMI at six-month high

China's June PMI at six-month high

China's PMI hits 5-month high, pointing to stabilizing economy

Industrial profit growth slows 

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
漯河市| 镇宁| 沭阳县| 安陆市| 濮阳县| 黄山市| 封丘县| 黔西| 乌鲁木齐县| 泽州县| 特克斯县| 巴马| 上高县| 漳浦县| 唐河县| 永靖县| 呼伦贝尔市| 保德县| 区。| 池州市| 溆浦县| 天长市| 巍山| 安图县| 绥江县| 榆树市| 无锡市| 彭水| 洛扎县| 宜兴市| 湘潭市| 兴山县| 克山县| 上栗县| 鹤岗市| 绥滨县| 隆尧县| 鄂伦春自治旗| 荣昌县| 天祝| 远安县|