Non-manufacturing Industry and Manufacturing Industry
Business Activity Index of Non-manufacturing Industry has rebounded in China
On October 3, 2008, China Logistics Alliance released the data that the business activity index of non-manufacturing industry was 58.1%, which showed that the overall economy of Chinese non-manufacturing industry was increasing.
Japan: Confidence of Non-manufacturing Industry fell to Lowest Point of Five Years in September
In September, the confidence of manufacturing industry in Japan had been improved, but the confidence in non-manufacturing industry returned to the lowest point of five years, so it was further undermining the recession economy.
U.S. factory orders in August fell 4.0%
Xinhua Washington on October 2 reported that the data released by the Ministry of Commerce showed U.S. factory orders last month dropped by 4.0%, which was the biggest decline since the October 2006. Therefore, the manufacturing industry is depressing.
Profit Margin of Chinese Top 500 Enterprises of Manufacturing Industry rose to 6.51%
On September 2, 2008, China Industrial Information Issuing Center (CIIIC) released the “Company Information Issuing Report on 2007 China Top 500 Enterprises in Manufacturing Industry”, which reported that the profit margin rose to 6.51%, which increased 0.97 percentage point compared with the previous year. Moreover, the tobacco profit margin reached to 17.3%.
Foreign Media: World Manufacturing Industry Universally Declined but China became the only bright spot in September
According to the report on October 2 from “Financial Times” that one survey result showed that in September the world manufacturing industry all declined, but it appeared the only one bright spot, that is, China.
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