日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

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

Busy digging machines mirror expanding economy

Xinhua | Updated: 2017-03-03 11:01

BEIJING - China's factory activity expanded faster than expected in February as domestic and export demand picked up.

The manufacturing purchasing managers' index (PMI), which gauges conditions at factories and mines, came in at 51.6 in February, above the 50 boom-or-bust line for the seventh month, suggesting that industrial activity remains buoyant.

A private PMI report, which focuses on smaller manufacturers, also showed signs of recovery, hitting 51.7, up from 51 in January.

The excavator machinery market may give some insight into the recovery.

Sales of excavators rose more than 50 percent year on year in January despite the Spring Festival holiday falling in the month. The sector has averaged over 70 percent year-on-year growth for several months and February is expected to follow the same pattern, according to GF Securities.

In addition, sales of heavy duty trucks are nearing a six-year high.

Excavator machinery is a barometer of new infrastructure and strong growth indicates that the economy could expand steadily in the first half of this year, according to Shen Jianguang, chief economist with Mizuho Securities Asia Limited.

Rail freight volume rose for the sixth month in January. Corporate profits, cargo volume and machinery sales are all sensitive to market changes and difficult to whitewash, Shen added.

The National Development and Reform Commission (NDRC) approved 18 fixed asset investments (FAI) with a total value of 154 billion yuan ($22 billion) in January, lower than the 184 billion yuan approved in December but higher than the 2016 monthly average of 142 billion yuan.

In addition, over 11,000 public-private partnerships had been registered by the end of last year. The majority are municipal works, transport and other infrastructure projects.

Property investment might slow due to increased regulation, but any slowdown could be cushioned by infrastructure investment, Shen pointed out.

FAI volume rose 7.9 percent year on year to 61 trillion yuan in 2016 and is likely to hit 65 trillion yuan this year, stoking concerns of a similar stimulus to 2008. A senior NDRC official dismissed these worries on Wednesday saying that China will not flood the economy with government money as it pursues more stable, healthy economic growth.

Stimuli are used to prop up weak demand in special circumstances, but FAI volume is the aggregate rather than new investment and includes investment from both public and private sectors, the official said.

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: 成人一区二区丝袜美腿 | 日韩高清中文字幕 | 天天天天天天天操 | 在线免费日韩 | 99欧美在线 | 99热这里只有精品8 免费看搡女人的视频 | 免费成人av | 亚洲日本香蕉 | 日本小网站 | 久久精品国产亚洲麻豆 | 欧美特黄一级视频 | 日本玖玖 | 免费看黄网站在线 | 亚洲国产品综合人成综合网站 | 久久国产精品久久精品国产 | 久久亚洲国产精品日日av夜夜 | 视频在线观看一区二区 | 日本高清视频免费在线观看 | 亚洲色综合dddd97.com | 91短视频网址 | 色综合一区 | 国产综合精品久久亚洲 | 久久久国产这里有的是精品 | www.奇米影视.com| 成人深夜视频在线观看 | 欧美午夜视频一区二区三区 | 豆国产97在线 | 亚洲 | 九九99九九精彩 | 欧美高清第一页 | 无名者电影在线完整版免费 | 亚洲第一成人影院 | 露娜同人18av黄漫网站 | 午夜小电影 | 色站网| 国产亚洲综合在线 | 欧美日韩国产在线 | 日韩在线aⅴ免费视频 | 久久y| 国产福利自产拍在线观看 | 99精品一区二区 | 国内色综合精品视频在线 |