China expands manufacturing activity

China expands manufacturing activity



07/02/2017 0:00

Beijing / follow - up to the morning
as the National Bureau of Statistics said that China 's manufacturing sector expanded for the month of atheist ten consecutive month in June, the local China necessitated investors in the securities and futures transactions commitment to new rules as of yesterday in order to protect their interests. The total PMI manufacturing index in the country 51.7 in June, compared to 51.2 in May / May, according to the data of interest. The index reading above 50 indicates expansion, while referring to deflation as if they were less than Zlk.ujaet sub - indices of production and new orders at 54.4 and 53.1, respectively , an increase of 53.4 and 52.3 last month, suggesting the rapid growth in the supply and demand , according to Zhao Qing He, Chief Statistician of interest. As external demand rebounded, reaching sub - index for new export orders to 52, far higher than the registered 50.7 in May / May. Continued equipment manufacturing sector and the manufacturing sector with high technologies recorded strong growth, with sub - indices came in at 53 and 53.6 respectively, indicating improved industrial structure. Zhao said: It is at a time when the overall picture is still positive, but some traditional industries , including oil processing and coking coal industry and nonferrous metal products are still facing downward pressure. Zhao said that more than 40 percent of the companies surveyed saw tight liquidity in the fourth consecutive month, pointing to the need to provide financial services to support the economy more real. Recent data showed that the manufacturing sector in China expanded at a faster pace in June , where PMI non - manufacturing index reached 54.9 in June, comparing with 54.5 in May / May. , China has necessitated the local investors in securities transactions and futures compliance with new rules as of yesterday in order to protect Massalham.vofaqa new guidelines and the guidelines issued by the Organizing Committee of China Securities, and became effective as of yesterday a brief summary of the first July, Investors will be classified into pro or by ordinary assets and income levels and professional experience value. Professional investors include financial institutions and individuals with financial assets worth more than 5 million yuan (737.5 thousand US dollars) or annual income of more than 500 thousand yuan over the past three years, in addition to the necessity of the availability of two years of professional experience , at least in the relevant sectors . It was advised ordinary investors to buy financial products in line with risk tolerance, investors will receive warnings when buying products of high risk. As has been the demand of the securities and futures traders the right to sell products and services to investors in line with carrying their own risk. The new rules do not restrict the freedom of investment, where investors can still buy high - risk products if they insisted on it.


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