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A major privately surveyed index monitoring China's manufacturing sector recovered in August to rise into expansionary territory and register a five-month high, indicating improvement in economic fundamentals.Resilient domestic growth is helping the world's second-largest economy surf through external headwinds, said economists, who called for more policies to advance stable growth in the face of any continuing downside pressure.The Caixin/Markit manufacturing purchasing managers index for August was 50.4, up from 49.9 for July, marking the quickest expansion of the sector since March,...
تاريخ: 2019 - 09 - 03
المشاهدات:4
BEIJING - The purchasing managers' index (PMI) for China's manufacturing sector dipped to 49.5 in August from 49.7 in July, the National Bureau of Statistics (NBS) said Saturday.A reading above 50 indicates expansion, while a reading below reflects contraction.A breakdown of the data showed manufacturing production maintained expansion, but market demand moderated amid a complex economic environment, NBS senior statistician Zhao Qinghe said.The sub-index for production edged down 0.2 points to 51.9 in Aug, signaling continuous expansion but at a slower pace, while that for new orders w...
تاريخ: 2019 - 08 - 31
المشاهدات:1
China's private sector vital cog in African country's economic diversificationAngola will present its first international public tender in Beijing on Sept 16 to grant diamond, iron and phosphate mining rights to Chinese investors for the country located in the western part of southern Africa.The Angolan embassy in Beijing said on Tuesday the process aims to bring mining concessions for diamonds in the Angolan provinces of Lunda-Norte and Lunda-Sul, iron mining in the province of Kwanza-Norte, and phosphates in the provinces of Cabinda and Zaire.The mining rights roadshow began on Tuesd...
تاريخ: 2019 - 08 - 30
المشاهدات:6
BEIJING -- China's goods trade has posted robust growth in the past seven decades thanks to the country's reform and opening-up efforts.Goods trade volume stood at only $1.13 billion in 1950, while the number surged to $4.6 trillion in 2018, the National Bureau of Statistics said Tuesday in a report.Average annual trade growth remained less than 10 percent from 1950 to 1977 under the planned economy, but quickened to about 14.5 percent after China started the reform and opening-up drive in 1978.The country's goods trade only accounted for 0.8 percent of the global total in 1978, wh...
تاريخ: 2019 - 08 - 29
المشاهدات:5
BEIJING -- China's cargo throughput at ports climbed 7.7 percent year on year to 7.9 billion tonnes in the first seven months, official data showed.At the beginning of the year, the Ministry of Transport expanded the statistical range from major ports to all ports across the country.Foreign trade cargo throughput amounted to 2.5 billion tonnes in the Jan.-July period, up 3.1 percent year on year.Container throughput at ports registered a 5.2-percent increase to around 150 million 20-foot equivalent units in the same period, the ministry said.The cargo throughput growth at ports came amid t...
تاريخ: 2019 - 08 - 28
المشاهدات:5
BEIJING - China's energy demand is shifting its focus from industrial production to consumption as the country's economic transition accelerates, a report showed.The industry sector's energy consumption might peak around 2025, while the transport sector might enter a peak phase after 2035, according to a report released by a think tank with the China National Petroleum Corporation.Energy consumption by the construction sector might keep growing before 2050, the report estimated.China's primary energy demand is expected to peak between 2035 and 2040 in the baseline scenario, and...
تاريخ: 2019 - 08 - 26
المشاهدات:2
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