日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Top Biz News

China's service industry solid despite fall in PMI index

By Wang Yanfei (chinadaily.com.cn) Updated: 2016-05-05 18:32

A key private gauge of services activity indicates the industry has continued to expand in April.

According to economists, this is good news for policymakers who are trying to bolster the world's second-largest economy.

The China Caixin services purchasing managers' index (PMI) released on Thursday stood at 51.8 for April, down from 52.2 in March. It remains above the expansion-contraction demarcation line of 50.

A reading above 50 indicates the sector's activity is growing, while one below that level suggests a contraction.

The index, compiled mainly based on survey of small and medium-sized enterprises, is roughly in line with Sunday's official services PMI, which came in at 53.5 for April, down from 53.8 in March.

He Fan, chief economist at Caixin Insight Group, sent a note on Thursday saying, "The overall performance of the sector, though falling by 0.4, remains in expansionary territory. That helped offset some of the negative impact caused by the sluggish manufacturing sector."

The Caixin manufacturing PMI released earlier on May 3 fell from 49.7 in March to 49.4 in April.

According to a news release by Markitt, a research firm that released the monthly index with Caixin, the sub-index of employment of the services sector witnessed a major uptick above the neutral 50-point level, which is mainly driven by quickening pace of new order growth — 12 percent of respondents recording higher new business compared with less than 3 percent claiming a decline.

Gao Huiqing, an expert with the economic forecasting department at the State Information Center, said that the service sector, which since last year has become the new driving force of the economy, is expected to see growth in the second and third quarters.

"The sector wouldn't be affected by the downward pressure that much compared to the flagging manufacturing," said Gao.

"Growth of employment, especially in high-tech and tourism industries, will continue to increase in the long-term."

However, Gao pointed out that a good start in the first quarter has a lot to do with the government's stimulus efforts, which he thought may still lack a solid foundation for a sustained recovery.

"What is worrying is that structural problems and supply-side reform need to be further implemented," said Gao.

"The government needs to keep implementing moderate stimulus policies to prevent any hard landing as the downward pressure still poses risks."

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日本午夜免费 | 精品国产免费一区二区三区 | 免费国产精品视频 | 视频在线亚洲 | 99精品欧美一区二区 | 超碰在线c | 免费成人激情视频 | 青青草手机在线视频 | 精品一区中文字幕 | 国产伊人av| 九九热这里有精品 | 麻豆精品在线播放 | 国产在线色 | 国产原创视频在线 | 免费成人深夜小野草 | 91操人视频| 日韩欧美高清 | www.日韩av.com| 三级亚洲欧美 | 欧美黄色性视频 | 最新中文字幕av专区 | 中文字幕区| av激情网| 久久精品99| 性综合网 | 亚洲三级在线 | 日本精品视频一区二区 | 欧美日韩无 | 久久蜜臀精品av | 一级特黄毛片 | 精品国产一区二区在线 | 国产一区二区视频免费 | 亚洲日本色 | 亚洲五月婷婷 | 99re这里都是精品 | 中文区中文字幕免费看 | 四虎黄色影院 | 色婷婷综合在线 | 日本中文字幕一区 | 国产精品高清在线观看 | 国产视频资源 |