h is gradually lessening, according to CITIC Securities.

tujue · 28-03-2019 07:24:29

BEIJING DJ Chark Youth Jersey , July 31 (Xinhua) -- China's economy remained stable and on a positive track despite a seasonal fluctuation in the country's manufacturing activity in July, official data showed Monday.

The country's manufacturing purchasing managers' index (PMI) came in at 51.4 in July, down from 51.7 in June, the National Bureau of Statistics (NBS) said Monday.

That was the 12th straight month of expansion for the country's manufacturing sector.

A reading above 50 indicates expansion, while a reading below reflects contraction.

"The PMI drop in July was a normal fluctuation and did not tell much about the cyclical trend of China's economy," CITIC Securities said in an analysis note. "The positive economic outlook remained unchanged."

PMI has stayed between 51 and 52 over the past seven months, and the July reading was basically consistent with the average of the first half of the year, said NBS senior statistician Zhao Qinghe.

Ongoing hot weather across China, rainstorms and floods in certain regions, and the fact that some companies conduct routine equipment checks and repairs during summer jointly contributed to the monthly PMI decline, Zhao said.

Chen Zhongtao, an analyst with China Logistics Information Center, called the July reading a seasonal fluctuation.

"It's difficult to avoid volatility at such a relatively high level," Chen said, noting that PMI has hovered above 51 for 10 months in a row.

The PMI sub-index for large-size companies was relatively unaffected by the seasonal disruption, rising for a second month to 52.9 in July, while those for smaller firms fell below 50, the NBS data showed.

Sub-indices for production and new orders came in at 53.5 and 52.8, respectively, down from 54.4 and 53.1 last month, but the narrower gap between the two suggested an improved supply and demand relationship, Zhao said.

The aggregate demand in the Chinese economy remained stable, as real estate investment slowed mildly, investment in manufacturing held steady and that in infrastructure maintained relatively fast growth, according to China Merchants Securities.

External demand growth retreated, with the sub-index for new export orders falling to 50.9 from 52 in June, but the reading has stayed above 50 for the last nine months.

The structural upgrade of the manufacturing sector continued. High-tech and equipment manufacturing led the activity expansion in July, with their sub-indices standing higher than the overall sector's PMI.

In contrast, the sub-index for oil processing and coking as well as the non-metal mineral products industry stayed below 50 for the third month in a row, affected by overcapacity and restructuring.

"The shift between the old and new momentum of growth is accelerating," Chen commented.

Despite slower manufacturing activity expansion, firms continued to increase purchases with stronger confidence in their future growth, according to Zhao.

The sub-index for the quantity of purchases rose to 52.7 from 52.5 in June, while that for expectations on production and business operations climbed to 59.1 from 58.7, the third consecutive month of increase.

For the country's non-manufacturing sector, growth momentum remained robust though it moderated somewhat, with its PMI standing at 54.5 in July, down from 54.9 in June.

Monday's data came after a slew of economic indicators that showed China's economy is steadily stabilizing and improving.

Official statistics put China's GDP growth at 6.9 percent in the first two quarters of this year, up from 6.8 percent in the fourth quarter of 2016, beating market expectations.

For China's macro-economic policy makers, the pressure of supporting growth is gradually lessening, according to CITIC Securities.

It predicted no changes to China's monetary policy stance, which has been set as prudent and neutral for 2017.

Many retailers across the globe are looking to add exciting and popular products for their
existing inventory. One of the most popular consumer electronic products on earth is
the iphone. It is not necessarily difficult to understand why the iphone could be common as it happens to be. In the event it was
first released it was ground breaking in many ways. The multi-touch technology, seamless
browsing experience and exquisite interface was something people hadn’t seen before inside of a
phone. These have gone up on be the most effective selling phones in them all and it’s popularity
is still growing with each subsequent release.

This means that popularity it has become an incredibly appealing prospect for electronics retailers
to stock the iphones as part of their inventory. Undoubtedly if you’re one folks it
is essential to know how you can find good and reputable iphones wholesalers. Then
are lots of tips on how to do that and we’ll investigate a variety of them now.

If you are a supplier of wholesale iphones it is best to examine their
warehouse. This will likely give you a very good sign of what sort of operation there’re running.
If their facilities are dirty and shabby next the a great indication that is not a
business you intend to be going through. If they have a terrible attitude towards their storage
space it seems reasonable to assume they won’t care much regarding the company’s products
they are simply storing. While confronting top quality products for example iphones you have to be
certain that the company you’re working with is world-class.

Another thing to learn before heading into business with an iphones wholesaler is what
their fine print are. For instance an amount happen if a delivery was late or
damaged on the road. Would you find a refund or discount? These are definitely essential th. Cheap Jerseys Cheap Jerseys China Cheap Jerseys Cheap NFL Jerseys Cheap Wholesale NBA Jerseys Cheap MLB Jerseys Free Shipping Cheap College Jerseys Online Cheap Superstar Shoes cheap adidas superstar black cheap adidas superstar pink