China manufacturing expands for 10 months

0 CommentsPrint E-mail Xinhua, January 1, 2010
Adjust font size:

China's manufacturing has recorded growth for 10 straight months, consolidating the recovery of the world's third largest economy, an official survey showed on Friday.

The Purchasing Managers' Index (PMI) of China's manufacturing sector stood at 56.6 percent in December, 1.4 percentage points higher than that for November, the China Federation of Logistics and Purchasing (CFLP) said.

It was the 10th straight month that the data stayed above 50, which indicated expansion. A reading below 50 signaled contraction.

The rising index suggested the Chinese economy has further consolidated its recovery, said Zhang Liqun, a researcher with the Development Research Center of the State Council.

The index for export order was 52.6 percent, 1 percentage point lower than a month earlier. Zhang said it is too early to be optimistic about the recovery of the global market.

The purchasing price index was 66.7 percent, up 3.3 percentage points, the highest among other figures.

Zhang said manufacturers should enhance their competitiveness to better cope with the rising production costs.

New export order index climbed by 2.6 percentage points to 61 percent.

Only three out of the 20 surveyed sectors reported a PMI index reading below 50, which were non-ferrous metal, fiber, rubber and plastic manufacturing, as well as the tobacco industry.

The PMI index tumbled to a record low of 38.8 percent in November 2008 as the nation was hit hard by the global financial crisis.

Thanks to a massive government stimulus and record banking lending, the economy was gradually back on track and the index reading returned to above 50 in March 2009.

Print E-mail Bookmark and Share

Go to ForumComments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 二代妖精在线观看免费观看| 伊人色在线视频| 久草新在线观看| 精品熟女少妇av免费久久| 国产精品综合一区二区三区| xxxx性开放xxxx| 日韩在线第一区| 人妻互换一二三区激情视频| 婷婷久久五月天| 国产高清在线观看| a级毛片毛片免费观看久潮喷| 日韩午夜免费论理电影网| 亚洲剧情在线观看| 福利视频1000| 国产在线看片网站| 99热成人精品国产免国语的 | 久久五月天婷婷| 国产精品泄火熟女| 91免费国产精品| 成人免费在线观看| 久久久久久久久久国产精品免费| 欧美黑人乱大交ⅹxxxxx| 国产一级黄色网| xxxxwww免费| 国产精品美女视视频专区| 99久久免费国产精品| 无码A级毛片日韩精品| 亚洲国产精久久久久久久| 99re6在线| 日本b站一卡二不卡| 久久精品无码专区免费东京热| 欧美专区在线播放| 亚洲国产精品无码久久一区二区| 欧美精品黑人巨大在线播放| 午夜毛片免费看| 色噜噜狠狠一区二区三区| 国产精品va在线观看一| 91嫩草视频在线观看| 在线免费观看亚洲| 一级做a爱片特黄在线观看yy| 成年免费A级毛片免费看|