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(jiǎn)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(lái)源:xinhua 時(shí)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: 国产一区二区三区日本在线观看 | 少妇激烈床戏视频 | 一二三四视频在线社区中文字幕2 | 女人高潮娇喘抽搐喷水视频 | 国产专区中文字幕 | 日韩在线不卡 | 综合91| 永久免费AV无码网站喷水 | 农村少妇真人毛片视频 | 国产成年人视频网站 | 999免费观看视频 | 把高贵美妇调教成玩物的视频 | 午夜dy888国产精品影院 | 国产ts人妖系列高潮 | 欧美牲交videossexeso欧美 | x88av在线播放 | AV中文字幕DVD水多多 | 成人免费一区二区三区视频 | 欧美亚州 | 欧美老熟妇乱XXXXX | 日韩av一区二区在线播放 | 国产精品91一区二区 | 日本三级香港三级人妇少妇 | 我脱了老师的内裤摸她的爆乳 | 69xxxx国产 | 日韩精品一区二区三区中文 | 日本少妇精品亚洲第一区 | 成人欧美视频在线观看 | 婷婷丁香六月激情综合在线人 | 久久久精品久久日韩一区 | 中年好声音3粤语免费观看 中日韩在线 | 在线看黄免费 | 国产美女免费网站 | 国产无码在线手机观看 | 粉色视频在线免费观看 | 中国chinese男男gay网站 | 日本巨大的奶头在线观看 | 成人网免费 | 嫩草影院免费在线观看 | 欧美性开放情侣网站 | 国产亚洲一二三区 |