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

    China's manufacturing activities expand faster in March

    Xinhua | Updated: 2019-03-31 09:34
    Share
    Share - WeChat
    Workers perform quality checks at an auto part manufacturing factory in Leting county, Hebei province, on Jan 26. [Photo/Xinhua]

    BEIJING - The purchasing managers' index (PMI) for China's manufacturing sector came in at 50.5 in March, up from 49.2 in February, the National Bureau of Statistics (NBS) said Sunday.

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

    NBS senior statistician Zhao Qinghe attributed the monthly increase in the manufacturing PMI to accelerated production activities and improved domestic demand boosted by government supporting policies, including tax and fee cuts.

    The sub-index for production, a major factor used in calculating PMI, rose to a six-month high at 52.7 in March, up 3.2 percentage points from February.

    The sub-index for new orders went up 1 percentage point from February to 51.6 in March, the highest in half a year, showing growing momentum in market orders.

    The PMI for high-tech manufacturing, equipment manufacturing and consumer goods manufacturing stood at 52, 51.2 and 51.4, respectively, all above the general manufacturing PMI, showing rising strength of new sources of growth.

    Large companies saw the manufacturing PMI down 0.4 percentage points to 51.1, whereas the readings for medium-sized and small companies rose 3 and 4 percentage points, respectively.

    China's non-manufacturing activities pick up in March

    The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 54.8 in March, up from 54.3 in February, the National Bureau of Statistics (NBS) said Sunday.

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

    The service sector recorded stable performance, with the sub-index measuring business activity in the industry standing at 53.6, up from 53.5 in February.

    Indices for sectors including railway, telecom, banking and insurance all stood above 57, indicating robust business growth.

    The sub-index for new orders in the service sector came in at 51.5, up from 50.5 in February, according to the NBS.

    The construction sector recorded faster expansion, with the sub-index measuring business activity in the industry rising 2.5 percentage points to 61.7 in March.

    The sub-index for new orders in the construction sector surged to 15-month high at 57.9, up from 52 in February.

    China is trying to shift its economy toward a growth model that draws strength from consumption, services and innovation. The service sector accounted for 52.2 percent of the country's economy last year.

    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
     
    免费无码又爽又黄又刺激网站| 日韩精选无码| 亚洲最大av无码网址| 日韩精品无码免费专区网站| 精品无码综合一区| 色噜噜综合亚洲av中文无码 | 日韩午夜福利无码专区a| 最近中文字幕完整版资源| 亚洲Av无码乱码在线观看性色| 亚洲av永久无码精品表情包| 日本欧美亚洲中文| 熟妇人妻无码中文字幕| 无码高清不卡| 极品粉嫩嫩模大尺度无码视频| 亚洲AV无码久久精品狠狠爱浪潮 | 中文字幕色AV一区二区三区| 免费无码VA一区二区三区| 中文字幕丰满伦子无码| 亚洲欧美在线一区中文字幕 | 亚洲最大激情中文字幕| 蜜桃视频无码区在线观看| 国产AV无码专区亚洲A∨毛片| 免费人妻无码不卡中文字幕系| 无码毛片一区二区三区视频免费播放| 久久久久久亚洲AV无码专区| 亚洲AV无码成人精品区在线观看| 精品无码一区二区三区在线| 亚洲熟妇无码乱子AV电影| 欧美中文字幕在线| 久久精品中文闷骚内射| 国产中文字幕在线观看| 制服丝袜人妻中文字幕在线| 中文字幕人成高清视频| 中文午夜乱理片无码| 亚洲日韩v无码中文字幕| 亚洲av中文无码乱人伦在线咪咕 | √天堂中文官网8在线| 制服丝袜中文字幕在线| 狠狠精品干练久久久无码中文字幕| 中文字幕免费视频| 中文成人久久久久影院免费观看 |