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

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

Services offset dip in manufacturing

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

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.

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
 
主站蜘蛛池模板: 亚洲成人精品视频 | 国产激情视频一区 | 日韩欧美国产视频 | 亚洲网站在线 | 日女人的逼 | 国产视频一 | 久久久国产一区二区 | www.亚洲一区二区 | 国产视频久久久久久久 | 欧美视频在线免费 | 青青青国产 | 日韩欧美中文 | 青青草自拍 | 九九热最新视频 | 日韩在线视频网站 | 成人福利视频在线观看 | 久久婷婷成人综合色 | 啪视频在线观看 | www色aa色aawww | 岛国精品在线观看 | 黄色成年视频 | 日韩午夜影院 | 欧美精品乱码99久久蜜桃 | 天天插天天狠天天透 | 乳色吐息在线看 | 亚洲a网| 国产成人区| 久久免费播放视频 | 欧美理论在线观看 | 亚洲一区天堂 | 牛牛av在线 | 97涩色 | 午夜三级网站 | 成人欧美精品 | 久久午夜国产 | 欧美黄色短片 | 色播开心网 | 国产视频在线免费观看 | 国产一二三四区 | 91视频免费在线观看 | 99精品视频在线免费观看 |