三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

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

Services offset dip in manufacturing

By Chen Jia | China Daily | Updated: 2017-12-06 07:10
Share
Share - WeChat

A robust expansion of China's services industries has offset weaker growth in the manufacturing sector to further stabilize economic growth momentum in November, according to economic indicators.

The Caixin China General Services Business Activity Index rose to 51.9 in November from 51.2 in October, the fastest expansion in three months, said a report that was released on Tuesday.

The booming services sector has supported a rebound of a composite output index, which covers both manufacturing and service companies, to 51.6 from October's 16-month low of 51, the report said.

On Friday, a separate survey showed that the Caixin China General Manufacturing Purchasing Managers' Index dropped to 50.8 last month compared with 51 in October, because of a slower growth in new business orders along with companies' lower confidence in the business outlook.

For the indicators, a reading above 50 means expansion in business activities, while any reading below that means a contraction.

"The Caixin PMI readings in November showed the economy has maintained stability and there was no imminent risk of a significant decline in its growth rate," said Zhong Zhengsheng, director of macroeconomic analysis at CEBM Group, a subsidiary of Caixin Insight Group.

For the services sector, new business expanded at a rapid pace while input costs and prices charged continued to rise, said the economist.

"But we should be cautious because the economy may come under rising inflationary pressure at the start of next year due to continued price increases," he suggested.

The inflation pressure was shown by the three-month fastest growth in new orders received by services providers and the highest level of employment subindex since August. Meanwhile, the increase in input costs faced by service providers was the highest since May and the subindex of prices charged was the highest since July 2015, according to the report.

With a contribution of more than a half on the country's economic output, the services sector has became the major driving force of growth as the economic development model is shifting away from depending much on investment and exports.

The official data released by the National Bureau of Statistics last week said that the country's non-manufacturing PMI slightly climbed to 54.8 in November, up from 54.3 in October.

"The moderate rebound of the official PMI suggests growth momentum was stable in November," said Zhao Yang, Nomura chief China economist, despite an expectation that China's GDP growth would be slightly down to 6.6 percent in the fourth quarter compared with 6.8 percent during the July to September period.

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: 免费国产h视频在线观看86 | 国产欧美精品一区二区色综合 | 孕妇三片高清在线观看 | 免费成人在线网站 | 青青青视频免费一区二区 | 96精品国产高清在线看入口 | 一本色道久久综合亚洲精品加 | 亚洲高清国产拍精品影院 | 女性一级全黄生活片在线播放 | 国产自精品在线 | 中文字幕日韩视频 | 国产日韩欧美不卡www | a一级毛片录像带 录像片 | 影音先锋5566手机在线播放 | 久久99国产精一区二区三区 | 久久国产亚洲观看 | 亚洲欧洲精品久久 | 亚洲丶国产丶欧美一区二区三区 | 欧美日本一级在线播放 | 国产一区三区二区中文在线 | 拍拍拍拍拍拍拍无挡大全免费 | 国产成人aaa在线视频免费观看 | 自拍亚洲国产 | 伊人久久国产精品 | 看一级黄色片子 | 嘿嘿视频在线观看 成人 | 亚洲欧美日韩精品中文乱码 | 日韩中文视频 | 免费一级特黄欧美大片勹久久网 | 色视频在线观看网站 | 国产精品高清视亚洲一区二区 | 黄污视频在线看 | 免费看的黄视频 | 真实偷清晰对白在线视频 | 爱爱视频在线播放 | 亚洲视频国产视频 | 这里是九九伊人 | a三级黄色片| 欧美日韩中文一区 | 亚洲图片一区 | 在线500福利视频国产 |