澳门星际平台|澳门星际娱乐网址|澳门xj官方网站|信赖品牌

China's manufacturing PMI sees uptick in July

Source: Xinhua| 2019-07-31 13:12:50|Editor: Liangyu
Video PlayerClose

澳门星际平台|澳门星际娱乐网址|澳门xj官方网站|信赖品牌BEIJING, July 31 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector grew to 49.7 in July, up from 49.4 in June, the National Bureau of Statistics (NBS) said Wednesday.

澳门星际平台|澳门星际娱乐网址|澳门xj官方网站|信赖品牌A reading above 50 indicates expansion, while a reading below reflects contraction.

That was the first month-on-month PMI growth in four months, said NBS senior statistician Zhao Qinghe.

澳门星际平台|澳门星际娱乐网址|澳门xj官方网站|信赖品牌The sub-index for production gained 0.8 points to 52.1 in July, signaling faster expansion, while that for new orders rebounded by 0.2 points to 49.8.

Among the 21 industries surveyed, 12 were in the expansion zone, up from 9 in June, Zhao said when elaborating on the economic indicator.

Market sentiment warmed up as the sub-reading for business expectation rose to 53.6 in July, he said.

The policies of cutting taxes and fees and targeted reserve requirement ratio reduction have further eased the burden on enterprises and stabilized their confidence, Zhao said.

The PMI of large enterprises was higher than those of small and medium ones, which saw up to 0.4 points of month-on-month drop.

A meeting held Tuesday by the Political Bureau of the Communist Party of China Central Committee decided the cuts would be further implemented amid holistic efforts to maintain stable growth.

The financial supply-side structural reform will be advanced and financial institutions should be encouraged to increase medium- and long-term financing to the manufacturing industry and private companies.

Targeted measures will be taken to support the development of private enterprises, according to a statement released after the meeting.

Wednesday's data also showed China's composite PMI went up 0.1 points to 53.1, which pointed to steady business expansion.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001382720421
赢咖娱乐网站_赢咖娱乐网址_平台app官网下载 澳门娱乐平台送彩金_澳门送彩金的网站大全_澳门网上娱乐网站 澳门十大网投平台_正规澳门赌场平台_澳门真人娱乐平台 澳门线上博彩-网赌十大信誉的平台-澳门亚洲网投 官网澳门正规平台_澳门网站大全网址平台_澳门网上正规赌场网址 澳门正规博彩十大网站_澳门十大正规赌博娱乐_澳门十大正规赌博平台 澳门赌场彩票APP官网_体育在线投注网站_澳门线上赌场网投网站 网上十大正规赌网址大全_澳门赌场网上娱乐_亚洲正规博彩十大网站 十大正规赌博平台排名_网上十大正规赌博网站_澳门线上赌博平台大全 澳门赌场网上娱乐_博彩十大网站排行_亚洲博彩十大体育网站排名 澳门送彩金网站大全_澳门电子游戏注册送彩金_澳门金沙注册送彩金的彩票网站 澳门赌博送彩金_澳门赌博送彩金体验_澳门赌博送彩金网站大全 澳门十大电子游戏平台-澳门电子游戏平台大全-澳门赌博官网下载 全球最大网赌正规平台_手机赌博哪个软件靠谱_可靠网赌app平台网址 2019无需申请送彩金_无需申请自动送彩金58_娱乐国际平台送彩金58