国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

China's economy stabilizing against headwinds

(Xinhua) Updated: 2015-07-30 13:49

BEIJING - With industrial profits sliding, factory activity retreating and the stock market on wild swings, China's economic future seems blurry.

However, positive changes in the fundamentals can not be ignored and are helping the economy embark on a path of stabilizing, analysts say.

China's economy expanded 7 percent in the second quarter of 2015, the same as in the first quarter.

Recent statistics show profits at major Chinese industrial firms dropped in June and an indicator on manufacturing activities fell in July to the lowest level since last April.

Wild ups and downs in the country's stock market add to uncertainties. The benchmark Shanghai Composite Index recorded the sharpest daily drop since Feb 27, 2007, an 8.48 percent plunge, on Monday. It snapped back with a 3.44 percent rebound on Wednesday.

Despite those unnerving figures, an official with the country's top economic planner said the fundamentals of China's economy are stabilizing and improving.

Industrial output has continued to recover, new types of businesses have flourished, and the service sector has become an increasing contributor to the national growth, said Li Yunqing, an official at economic operation department of the National Development and Reform Commission.

Surpassing market anticipation, China's industrial output climbed by 6.8 percent from a year ago for a third straight month of increases in June.

"If we look at the structure of the economy and the quality of growth, the results are more encouraging," Li said.

For example, six major energy-intensive industries, such as steel and building materials, slowed down significantly in the first half, actually mitigating some growth of emerging industries, he said.

High-tech industries' output rose 10.5 percent year on year in the first half, with industrial robots surging 130 percent and railway locomotives jumping 91 percent.

While fixed-asset investment continued to soften, its structure is shifting to consumption-linked and emerging industries.

Six major energy-intensive industries recorded a total investment growth of 7.5 percent year on year in the first half, 2.2 percentage points below the overall investment in manufacturing.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
洛隆县| 新乐市| 乌恰县| 清水县| 崇信县| 祁连县| 辉县市| 文安县| 兴业县| 香河县| 长沙县| 河津市| 信宜市| 都安| 禹城市| 灵武市| 金乡县| 卓尼县| 遂昌县| 荔浦县| 台北市| 无棣县| 拉孜县| 清苑县| 湖州市| 平果县| 乐都县| 河东区| 永春县| 宜城市| 兴仁县| 盐池县| 徐水县| 辽宁省| 灌云县| 微山县| 沁阳市| 郴州市| 石门县| 桑植县| 汝州市|