1. Text: | Print|

      Services PMI dips further

      2015-02-05 10:29 China Daily Web Editor: Qin Dexing
      1

      Growth in new orders slows despite marginal rise in manufacturing activities in January

      Services activity expansion slowed to a six-month low in January, with the services Purchasing Managers Index falling to 51.8 from 53.4 in December, HSBC Holdings Plc said on Wednesday.

      New order growth at services providers slowed at the start of 2015, having eased further from November's two-and-a-half year peak, the bank said.

      Although job creation accelerated in the services sector in January, manufacturing employment declined, with workforce numbers increasing marginally at the composite level.

      Though the manufacturing PMI slightly improved to 49.7 in January, compared to 49.6 in December, it still remained at the contraction level for two consecutive months.

      The official data showed a contraction in the manufacturing sector and a slower expansion in the services industry, indicating sluggish growth momentum during the first quarter.

      A manager from Shunxuan Plastic Product Co Ltd in Dongguan, Guangdong province, said that the number of rural migrant workers in factories in the Chang'an town are less than half the number seen in 2014.

      "Dwindling output at factories has meant less worker retention. This also means that there will be less people returning home for the holidays," he said.

      An index that shows the current performance of small and medium-sized enterprises - the part that offers the most jobs in China - fell to 55.6 in January from 56.6 in December, according to data provided by Standard Chartered Bank. It points to weaker growth as sluggish demand continues to weigh on production.

      According to the National Bureau of Statistics, the total number of rural migrant workers was 273.95 million in 2014, up 1.9 percent from a year earlier. The growth rate was 2.4 percent in 2013 and 3.9 percent in 2012.

      Yang Junxiong, an official from the NBS, said that the growth rate of migrant workers has slowed down.

      "As more rural migrant workers get permanent residence in cities, the surplus of rural workers will decrease, and labor costs will keep increasing."

      A shortage of workers would be a major drag for the economy in the near future, said Yang.

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 免费女人高潮流视频在线观看| 久久99免费视频| 国产成人精品日本亚洲专区 | 亚洲a一级免费视频| 亚洲人成网站观看在线播放| gogo免费在线观看| 亚洲一区二区在线免费观看| 天天干在线免费视频| 中文在线观看国语高清免费| 午夜国产大片免费观看| 亚洲天堂2017无码中文| 四虎永久在线精品免费影视| 精品成人免费自拍视频| 亚洲欧美不卡高清在线| 亚洲成AV人片在线观看WWW| 毛片免费观看网站| 精品视频一区二区三区免费| 亚洲国产日韩精品| 亚洲色中文字幕无码AV| 成人午夜18免费看| 日韩免费电影网址| WWW国产亚洲精品久久麻豆| 亚洲久本草在线中文字幕| 免费a级毛片大学生免费观看| 1a级毛片免费观看| h视频在线免费观看| 久久夜色精品国产噜噜亚洲a| 亚洲中文字幕久久精品无码APP| jizz在线免费播放| 亚洲AV无码一区二区三区人| 亚洲宅男天堂在线观看无病毒| 最近中文字幕免费mv视频8| 久久免费观看国产精品| 美女免费视频一区二区三区| 亚洲另类自拍丝袜第1页| 亚洲国产成人高清在线观看| 国产免费怕怕免费视频观看| 日韩欧毛片免费视频| 中文字幕手机在线免费看电影 | 黄网站免费在线观看| 特级毛片A级毛片免费播放|