China's December PMI rebounds to 50.3%

0 Comment(s)Print E-mail Xinhua, January 1, 2012
Adjust font size:

Workers attend to engines in a factory. [Xinhua]

China's PMI, a preliminary readout of the country's manufacturing activity, rebounded to 50.3 percent in December, indicating a stabler slowing trend for the country's economic growth.

The December Purchasing Managers' Index was up 1.3 percentage points from 49 percent in November, the China Federation of Logistics and Purchasing (CFLP) said Sunday.

A PMI reading of 50 percent demarcates expansion from contraction.

The slight growth in December's PMI confirmed a stabler trend of cooling economic growth of which the impetus still appears weak. So the pace of the growth slowdown is unlikely to tumble, said Zhang Liqun, a researcher with the Development Research Center of the State Council, China's cabinet.

He said the fundamentals in the country's economic development remain unaltered, which creates chances of pulling back the growth trend.

The country's GDP rose 9.1 percent year-on-year in the third quarter of the year, slowing from 9.5 percent in the second quarter and 9.7 percent in the first quarter.

The CFLP's sub-index for new orders in December was 49.8 percent, up 2.0 percentage points from November. The sub-index for purchase prices rose 2.7 percentage points from November to 47.1 percent in December.

The sub-index for export orders recovered 3 percentage points to 48.6 percent in December from November's sharp drop to 45.6 percent, suggesting that the impact of the spreading eurozone debt crisis eased, and the weakened demand gradually regained the former losses.

In December, 12 industries, including petroleum refining and coking, apparel, shoes, fur and feather products manufacturing, agricultural food processing and food production, enjoyed a PMI over 50 percent, while sectors such as facility manufacturing, general equipment manufacturing, and industrial chemicals manufacturing registered under 50 percent.

The CFLP's PMI is based on a survey of purchasing managers in more than 820 companies in 20 industries.

The preview of HSBC China's PMI for December rebounded slightly from November's 47.7 to 48.7 after adjusting for seasonal variation.

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

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: 国产成 人 综合 亚洲专| 好好的日视频www| 亚洲免费观看网站| 狠狠爱无码一区二区三区| 又大又黄又粗又爽的免费视频| 韩国在线观看一区二区三区 | 男女一边摸一边做爽爽毛片| 四虎影院海外永久| 青草国产精品久久久久久| 国产成人精选免费视频| 1000部免费啪啪十八未年禁止观看| 在线观看网站禁入口不用下载| www.羞羞视频| 干b视频在线观看| 中文字幕久久久久久久系列| 日本午夜在线视频| 久久无码专区国产精品| 暴力调教一区二区三区| 亚洲a∨精品一区二区三区下载 | 日韩亚洲专区在线电影| 五月丁六月停停| 机机对机机的30分钟免费软件| 国产精品久线在线观看| 99久re热视频这里只有精品6| 天天色天天射综合网| 一区二区三区四区在线视频| 成人免费看www网址入口| 中文字幕丝袜制服| 成年女人色费视频免费| 中文字幕日韩三级| 无码人妻精品一区二区三18禁| 久久久久无码精品国产| 日本免费新一区二区三区| 久久人人爽人人爽人人av东京热| 日韩av片无码一区二区不卡电影| 久久精品天天中文字幕人妻| 日韩视频免费看| 久久精品国产精品亚洲精品 | 午夜精品久久久久久| 精品精品国产高清a毛片| 啊灬啊灬用力灬别停岳视频|