News
        Phased easing of downward pressure in China's economy


 bearing in stock

if you are interested in it , Get free samples :sales@edabearings.com

1. Domestic demand in manufacturing industry has improved and external demand has remained stable. The new order index and output index both rebounded significantly above the boom and bust line, while the new export order index rose slightly, but still slightly below the boom and bust line. At present, despite the tightening of real estate regulation, investment in real estate remains resilient. Despite the fact that China and the United States impose tariffs on each other, high value-added commodities still have sticky exports to the US, and exports to Europe and the "one belt and one way" countries remain stable, and exports also show resilience. However, as debt smoothing has been promoted and the overall financing environment relaxed, capital investment has maintained a moderate rebound momentum. This has not made the manufacturing boom worse. In July, the meeting of the Political Bureau of the Central Committee made it clear that "stabilizing investment in manufacturing industry", "upgrading the basic capacity of industry and the level of industrial chain", "guiding financial institutions to increase medium and long-term financing for manufacturing industry and private enterprises", and the policy support for manufacturing industry is expected to increase significantly. It is expected that there will be limited room for further deterioration of the subsequent manufacturing boom.
2. Steady employment still needs policy efforts. Employment index continued to fall in the contraction zone, and employment did not improve with orders and production. It is still an area requiring policy attention. In July, the meeting of the Political Bureau of the Central Committee pointed out that the first half of the year was "relatively full employment". On July 31, the Standing Meeting of the State Council deployed "to intensify efforts to implement the priority policy of employment and maintain relatively full employment".
3. The confidence of entrepreneurs has been significantly restored. Purchasing inventory index fell below the boom and bust line, finished product inventory index fell further in the contraction zone, reflecting that the order improvement has a certain consumption of inventory, while the willingness of enterprises to replenish inventory is still weak. However, the future output index rebounded sharply this month, reflecting a certain boost in Entrepreneurship confidence, which may be mainly due to the strength of private enterprise relief policies. According to the reference indicators, the recovery of PMI in manufacturing industry in July is mainly reflected in small enterprises.


PREVIOUS:Both China and the United States call the Shanghai trade negotiations "construct        NEXT:US says North Korea's missile test did not violate its commitment