Erhvervstillid for Kina indikerer økonomisk fremgang – Læs hele meddelelsen her
Domestic demand expanded, but less quickly than in the
previous two months. While the subindex for total new orders
fell further in December from its high in October, the gauge for
new export orders fell more slowly, suggesting growth in
domestic demand is slowing more rapidly.
2) Production expanded at a relatively quick clip, helping
stabilize the labor market. The output subindex remained at a
relatively high level, despite dipping slightly. The employment
subindex fell marginally from the previous month, to the border
between contraction and expansion.
3) As production expanded at a relatively fast pace, input
deliveries, order backlogs and inventories all saw positive
changes. The subindex for suppliers’ delivery times rose to its
highest point since April, despite remaining in contractionary
territory. The measure for backlogs of work continued its fall
from October’s recent high, but remained in expansionary
territory. The subindex for inventories of purchased items rose
further into positive territory, but the gauge for stocks of
finished goods also rose and returned to expansionary territory.
4) Behind the good performance was an improvement in
business confidence. The gauge for future output expectations
rebounded, albeit remaining at a relatively low level in recent
years.
5) Industrial product prices went up. Both the gauges for
input costs and output prices rose slightly. Company
profitability is likely to improve, as the gauge for output prices
returned to expansionary territory.
“China’s manufacturing economy continued to stabilize in
December, although the expansion in demand was not as
strong as the previous two months. Positive changes included
improved business confidence, and strengthened willingness
to increase production and inventories, which are beneficial to
the job market.
Subdued business confidence was a major
factor behind the economic slowdown this year. As the phase
one trade deal between China and the U.S. has sent out
positive signals, there is room for a recovery in business
confidence, which should be able to help stabilize the
economy.”
