1. LINE

      Text:AAAPrint
      Economy

      Caixin flash China general manufacturing PMI hits 15-month low in July

      1
      2015-07-24 10:37Xinhua Editor: Gu Liping

      China's manufacturers fell in July, the biggest drop for 15 months, with lower output and fewer new orders, according to a private survey on Friday.

      The flash Caixin China Manufacturing Purchasing Managers' Index (PMI) retreated from 49.4 in June to 48.2 in July, the lowest since April in 2014. A reading above 50 indicates expansion, while a reading below that represents contraction.

      The sub-index on manufacturing output is 47.3 in July, a 16-month low, and down from 49.7 in June. New orders and new export orders grew in June,but dropped in July. Employment continued to go down, but at a slower pace than in June.

      The manufacturing output index and the new order index hit record lows in more than one year, indicating the foundation for economic recovery is not stable and the manufacturing sector is still in difficulties, said Qu Hongbin, chief China economist with the Hongkong and Shanghai Banking Corporation (HSBC).

      The data may bring pressure for China to continue with its loose monetary policies, Qu said.

      China's economy posted 7-percent growth year on year in the second quarter, unchanged from the first quarter, but better than market predictions.

      This is the first time the index has been released since it was renamed, after Caixin Media Co., Ltd. replaced HSBC as sponsor of Markit's China PMI. HSBC held the sponsorship for five years, and CLSA sponsored the Markit China PMI prior to HSBC.

      The flash index is published on a monthly basis ahead of final PMI data, making it the earliest available indicator of manufacturing sector operating conditions in China. The estimate is based on approximately 85 to 90 percent of total PMI survey responses each month and is designed to provide an indication of the final PMI.

      The final PMI for July will be released on Aug. 3.

        

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      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: 国产一级a毛一级a看免费人娇| 久久免费视频一区| 毛片基地看看成人免费| 巨波霸乳在线永久免费视频| 国产一级淫片a视频免费观看| 午夜亚洲AV日韩AV无码大全| 亚洲欧美中文日韩视频| 成在人线av无码免费高潮喷水 | 国产va在线观看免费| 在线免费观看一区二区三区| 国产精品亚洲一区二区三区在线 | 国产亚洲欧洲Aⅴ综合一区 | 亚洲午夜无码片在线观看影院猛 | 84pao强力永久免费高清| 又粗又硬又黄又爽的免费视频| 亚洲三级电影网站| 激情小说亚洲图片| 最近中文字幕电影大全免费版| 九月婷婷亚洲综合在线| 亚洲乱码在线视频| 99re8这里有精品热视频免费| 在线成人a毛片免费播放| 亚洲一区二区在线免费观看| 黄色毛片视频免费| 国产一精品一AV一免费孕妇| 亚洲gv白嫩小受在线观看| 黄色一级视频免费观看| 无码专区永久免费AV网站| 婷婷精品国产亚洲AV麻豆不片| 一边摸一边桶一边脱免费视频 | 大学生美女毛片免费视频| 亚洲av日韩av不卡在线观看| 日本永久免费a∨在线视频| 国产精品美女午夜爽爽爽免费| 亚洲AV无码欧洲AV无码网站| 成年网在线观看免费观看网址| 无码高潮少妇毛多水多水免费| 亚洲欧洲日产国产综合网| 国产免费人成视频尤勿视频 | 国产男女猛烈无遮挡免费视频| 亚洲狠狠狠一区二区三区|