Tuesday, November 16, 2010

SIM selected and Comments (Oct. 9)

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9  PMI rose to 54.3%
Xinhua News Federation of Logistics and Purchasing, according to the official website message September, China Manufacturing Purchasing Managers Index (PMI) was 54.3%, edged up 0.3 percentage points from last month, for the last year,UGG bailey button, the highest since May. this month, China's manufacturing PMI index showed a steady slight increase. sub-index , ibid month compared to the backlog of orders index, finished goods inventory index, index of imports, raw materials purchasing price index and stock index fell, the rest of the index increased. Among them, the new export orders index, employing average were larger than 1 percentage points; purchasing price index fell last 10 months for the first time, a larger decline, to 5.1 percentage points; a lesser extent the rest of the index change, were less than 1 percentage point.
 This is a PMI stand for 7 months over 50% of the chain was up .9 PMI in January that basically stable domestic economy as a whole, Since last May 17 consecutive months of highest value; new export orders index rose by 1.2 percentage points from last month; employees average were larger than 1 percent the previous month; life company the highest category of consumer goods to nearly 58%; finished goods inventory index was 46.0%, down 0.5 percentage points from last month; production index was 58.0%, edged up 0.1 percentage points from last month; purchasing price index was 57.5%, down 5.1 percentage points from last month for the last 10 The first months are down, and down by a big margin. The above data show, September PMI index continued to increase at a higher level,UGG boots, the Chinese economy continues to rebound, and is accompanied by rapid growth in employment and incomes rise, demand has picked up momentum in social continue to consolidate, production activities continue to accelerate, micro-enterprises operating conditions have been further improved. However, we note that raw materials and energy, intermediate goods and consumer goods companies continue to maintain the high class and still more than 58%, indicating that the purchasing price index fell does not completely mean that the current trend of reducing price pressures, but more reflects the business as prices fall, finished goods shrinking profit margins, production and operation of the pressure increase, the market inflation expectations increased. comprehensive PMI, we believe that the economy during the year Development will show a continued recovery in the overall situation and the basic trend may be accelerated; At the same time, the economic recovery process, the Government is still to play a larger role in economic growth from government support to businesses, residents and support economic growth in the market change has not been completed, the basis of sustained and rapid economic growth is not enough to consolidate. (The good news for the macro)
China will publish a said that China had China's well-off society by 2020, fully completed only two Off important. to the system through reform and innovation, and full realization of the reform, so that all the people sharing the fruits of development.
【Comments】 next year will be the planning work has already been launched, is expected to prominent contradictions and issues the appropriate measures. In the above key messages about the transformation of economic development, enhance innovation and raise important issues such as income level people. The current approach to development of our economy relies mainly on investment, we expect the future will be to Consumer tilt. for improving innovation capacity, we believe that in the next state for a long period of time will encourage the development of national innovation enterprise. for improving the people's income levels, we think that may be spawned vast rural market. Therefore, we recommend investors close attention to the br> China news agency, Beijing, October 4 -: A reporter from China's central bank was informed   night, in the closing day of the International Monetary Fund International Monetary and Financial Committee (IMFC) of the twentieth ministerial meeting, China's central bank Vice Long Yi Gang said that China will maintain stability and continuity of macroeconomic policies, and will be vigilant and guard against all kinds including inflation, the potential risks. Yi Gang pointed out that the overall global economic and financial situation, recovery of the foundation is not solid, major risks, including trade and investment protectionism and lack of coordination of macroeconomic policies. all major financial markets should increase efforts to promote financial reform, speed up the processing bank of toxic assets and recapitalize banks, strengthen financial supervision to strengthen the coordination of macroeconomic and financial policies and forward-looking.

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