left corner left corner
    China Daily Website

    China's PMI growth hits 18-month high

    Updated: 2013-11-01 09:25
    ( Xinhua)

    China's PMI growth hits 18-month high

    BEIJING, Nov. 1 (Xinhua) -- China's purchasing managers' index (PMI) for the manufacturing sector rose to 51.4 percent in October, hitting a new high since May 2012, according to new data released Friday.

    The figure was 0.3 percentage points higher than September, data from the National Bureau of Statistics (NBS) and China Federation of Logistics and Purchasing showed.

    China's manufacturing PMI has risen for four consecutive months, showing a steady upward trend in manufacturing. A figure above 50 percent signals expansion.

    Zhao Qinghe, a senior NBS statistician, attributed the strong PMI to expanding production after corporate confidence was boosted by government measures this year to stabilize growth and restructure the economy.

    The sub-index for production rose for a fourth month to 54.4 percent, up 1.5 percentage points from September.

    As production picked up, companies also bought more raw materials, driving the sub-index for materials purchasing up 0.2 percentage points to 52.7 percent.

    Zhang Liqun, a researcher with the Development Research Center of the State Council, also said the October figure confirmed the stabilizing trend of the country's economic growth.

    China's gross domestic output (GDP) expanded by 7.7 percent in the first nine months, which is higher than the government's full-year target of 7.5 percent. GDP growth in the third quarter accelerated to 7.8 percent from 7.5 percent in the second, NBS data showed.

    The new figure was in line with the final October PMI released Friday by the HSBC, which shows the manufacturing PMI rose to a seven-month high of 50.9 percent.

    Qu Hongbin, chief economist with HSBC, said the strong momentum should in turn support private consumption growth in the coming months. "China is on the track for a gradual growth."

    Previous Page 1 2 Next Page

     
    8.03K
     
    ...
    无码人妻精品一区二区三区99性| 18禁无遮拦无码国产在线播放| 国产成人亚洲综合无码精品| 最近高清中文字幕免费| 久久AV高清无码| 成人午夜精品无码区久久| 亚洲视频中文字幕| 一本大道久久东京热无码AV| 日韩乱码人妻无码中文字幕| 亚洲中文久久精品无码ww16| 最近中文字幕mv免费高清在线| 无码国产亚洲日韩国精品视频一区二区三区| 永久免费AV无码网站国产| 欧美日韩中文在线| 中文最新版地址在线| 国产亚洲AV无码AV男人的天堂 | 少妇中文无码高清| 无码中文av有码中文a| 久久无码AV一区二区三区| 欧美亚洲精品中文字幕乱码免费高清| 中文字幕亚洲欧美专区| 精品久久久久久无码中文野结衣| 免费看又黄又无码的网站| 无码人妻AⅤ一区二区三区| 亚洲国产综合无码一区 | 久久亚洲日韩看片无码| 最近最新免费中文字幕高清| 中文字幕免费不卡二区| 乱人伦中文视频在线| 久久人妻AV中文字幕| 中文字幕av无码一区二区三区电影| 九九久久精品无码专区| 99无码人妻一区二区三区免费| 国产精品无码一区二区三级| 久久精品国产亚洲AV无码麻豆| 日韩乱码人妻无码系列中文字幕| 无码人妻少妇色欲AV一区二区 | 久久亚洲精品无码AV红樱桃 | 无码精品人妻一区二区三区人妻斩 | 国产亚洲精久久久久久无码77777 国产又爽又黄无码无遮挡在线观看 | 日韩精品无码一区二区三区 |