亚洲国产综合人成综合网站_视频一区免费观看_一本视频_你懂的日韩_黄色aⅴ_欧美日韩一道本

簡體中文 繁體中文
1 2 3 4 5 6
Current location home :Home > News

Service Guide

News

Rapid Growth Expected for Major Indicators as China's Economy Stabilizes

來源:xinhua 時間:2017-08-16

China's industrial output, investment and consumption are widely expected to be relatively high, despite milder growth in July, as the economy continues to show resilience.

While analysts expect slightly muted July data compared with June, they believe an improving global environment, expanding manufacturing activity and strong consumers will offset a property investment deceleration.

The Chinese government will release monthly data on major economic indicators on Monday.

Industrial output in July is expected to remain strong, despite moderating from June, according to statistics on manufacturing, power use and steel output, said CITIC Securities chief economist Zhu Jianfang.

He estimated July's industrial output growth at 7.2 percent year on year, a bit slower than 7.6 percent in June.

China's manufacturing purchasing managers' index (PMI) has stayed above 51 for 10 months in a row, official data showed. A reading above 50 indicates expansion.

In July, the official manufacturing PMI came in at 51.4, down from 51.7 in June, but another private survey showed its manufacturing PMI hit a four-month high of 51.1, up from 50.4 in June.

There were also signs of increased power use and steel output. Coal consumption by six of the country's largest power firms rose 10.6 percent year on year in July, up by 5 percentage points from June.

Major steel producers saw crude steel output grow 10.7 percent year on year last month, up by 2.4 percentage points from June.

While industrial output will be under pressure from the cooling property sector in the short term, a better global economy should put a floor under any slide in growth in the second half, Zhu predicted.

Fixed-asset investment, a key driver of China's economy, is expected to post a mild slowdown, as infrastructure investment usually loses some steam in July as a result of hot weather and slowing fiscal expenditures.

China Merchants Securities chief macroeconomic analyst Xie Yaxuan predicted fixed-asset investment to grow 8.4 percent year on year in the first seven months, compared with 8.6 percent in the first half.

Despite the slightly lower rate, investment by private capital and that in manufacturing is likely to cushion the downward movement of property investment growth, according to Bank of Communications chief economist Lian Ping.

For consumption, the warming auto market and increasing incomes should support robust growth in retail sales for July, analysts said.

Some 1.97 million vehicles were sold in July, up 6.2 percent year on year, accelerating from a 4.5-percent rise in June, according to data from the China Association of Automobile Manufacturers.

The country's average per capita disposable income grew 7.3 percent year on year in the first half after adjusting for inflation, outpacing the national GDP growth.

Zhu predicted retail sales growth in July to ease to 10.7 percent from 11 percent in June, the fastest increase since December 2015, noting that slackening property sales could restrain consumption of furniture and home appliances.

Lian said China's consumption growth is typically milder in July.

High temperatures and floods could have an impact on tourism and entertainment, he explained.

China posted forecast-beating GDP growth of 6.9 percent in the second quarter of the year, flat with the previous quarter and above the government's annual growth target of around 6.5 percent.

The International Monetary Fund last month revised up China's growth forecast for 2017 and 2018 to 6.7 percent and 6.4 percent, respectively.


上一篇

下一篇

主站蜘蛛池模板: 亚洲Ⅴ国产V天堂A无码二区 | 精东粉嫩av免费一区二区三区 | 动漫AV纯肉无码AV在线播放 | 俺去俺来也在线WWW色官网 | 免费av网站在线看 | 免费国产片在线观看 | 少妇无码太爽了不卡白浆 | 麻豆视频观看免费视频观看 | 玖爱在线视频 | 国产和日产视频免费观看 | 亚洲日本香蕉视频 | 精品国产久 | 天天插夜夜爽 | 樱桃视频大全版在线观看 | 九九九国产精品九九九九 | 北条麻妃国产九九九精品视频 | 亚洲香蕉伊综合在人在线观看 | 精品国产31久久久久久 | 日本在线不卡免费视频 | 野花社区影视在线www官网 | 草草草久久久 | 麻豆一二区 | 亚洲小说区图片区色综合网 | 古惑仔第一部 | 成人国内精品久久久久影院 | 日本熟妇色xxxxx | 日日日日操 | 国产精品女人特黄av片 | 国产人妻精品久久久久野外 | 国产美女一级片 | av网站一区二区三区 | 青春草国产视频 | 白嫩无码人妻丰满熟妇啪啪区 | 11nvnv女女网导航永久 | 成人网qqq444 | 日韩在线一 | 韩国福利视频一区二区 | 好吊妞这里有精品 | av毛片一区 | 日日婷婷夜日日天干A片 | 日本肉体裸交XXXXBBBB |