Manufacturing sector accounts for almost half of China's stock market value

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Manufacturers account for nearly half of China's stock market capitalization - China.org.cn
Chinese manufacturing companies are playing a pivotal role in the country's economy, with almost half of the stock market capitalisation made up of public manufacturing firms. By the end of June 2018, publicly traded manufacturers accounted for a combined market value of ¥24.08tn ($3.47tn), representing 43.78% of the A-share market.

The government’s focus on innovation-driven development has boosted the manufacturing industry, which is seen as a key pillar of the national economy. Of all 3,527 Chinese listed firms, almost two-thirds are in the manufacturing sector. The government has introduced measures from tax breaks to easier financing channels to support the real economy and bolster growth.

The manufacturing sector has achieved sound growth in the first nine months of this year, buoyed by higher profits, recovering private investment, and sustained growth in high-tech and equipment manufacturing, according to official data.

The Research Institute of Machinery Industry Economic & Management and the Suzhou government recently released a report outlining the importance of the manufacturing sector to China's economy. The report was presented at a forum, and Zhou Yongliang of the organisers praised the significant number of companies in smart and advanced manufacturing that went public this year. Such firms provide a positive shift in the manufacturing sector, Yongliang said.

This news comes amidst the ongoing US-China trade war, with tariffs on both the Asian superpower and the US taking effect earlier this year. While their effect on the global economy remains to be seen, the tariffs had been expected to hurt companies and cost jobs in the manufacturing sector.

Despite the tariffs, China remains a manufacturing hub, with factory production increasing for the 25th straight month in September. The Purchasing Managers’ Index (PMI), a key gauge of manufacturing activity, held steady at 50.8 last month, just slightly lower than August's 51.3, indicating sustained growth.

However, the sector faces challenges such as rising costs, environmental regulations, and the need for technological innovation. Addressing these issues will require the Chinese government and business leaders to collaborate closely to ensure continued growth and competitiveness.

While the manufacturing industry remains a stalwart of China’s economy, the country is moving towards a more service-based economy. This transition is reflected in the increasing number of companies listed in the finance, technology and healthcare sectors. Regardless of changes to the sectorial makeup of the economy, however, manufacturing is set to remain a crucial element of China's growth story for the foreseeable future.

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Get Used L45 X W36.5 X H35 Wooden Crates for Sale in South Carolina, USA

If you're looking for durable and cost-effective storage solutions, you might want to consider purchasing industrial crates. These crates are designed to withstand tough conditions, making them perfect for storing heavy-duty equipment or transporting goods across long distances.At Exchangerhub, we understand the importance of having reliable storage solutions that can keep your products safe and secure. That's why we offer a wide selection of industrial crates for sale, including used wood crates like the L45 X W36.5 X H35 Wood Crates SC.Our used wood crates are in excellent condition and can perform just as well as newer models. By choosing to purchase used crates, you can save money without compromising on quality. Plus, our wood crates are eco-friendly, as they can be recycled or repurposed after use.When it comes to industrial crates, there are several factors to consider before making a purchase. Here are some key things to keep in mind:Durability: Look for crates that are made from sturdy materials like wood or plastic. The crate should be able to handle heavy loads without buckling or breaking.Size and capacity: Make sure the crate you choose is the right size for your products. This will help maximize storage space and prevent damage to your goods during transport.Ease of handling: If you need to move your crates around frequently, look for ones with handles or other features that make them easy to maneuver.At Exchangerhub, we offer a variety of industrial crates to meet your specific needs. Whether you're looking for wood crates, plastic crates, or metal crates, we have options that will work for you. Our crates come in a range of sizes and capacities, so you can find the perfect fit for your products.In addition to industrial crates, we also offer used bulk containers for sale. These containers are ideal for storing large quantities of products or for transporting goods across long distances. Again, choosing to purchase used containers can save you money while still providing reliable storage solutions.So if you're in need of industrial crates or bulk containers, look no further than Exchangerhub. Our experienced team can help you find the right products to meet your needs and budget. Contact us today to learn more about our inventory and pricing options.

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Durable Plastic Drum Pallets for Corrosion and Weather Resistance Outdoors or in Storage

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Manufacturing sector accounts for almost half of China's stock market value

Chinese manufacturing companies are playing a pivotal role in the country's economy, with almost half of the stock market capitalisation made up of public manufacturing firms. By the end of June 2018, publicly traded manufacturers accounted for a combined market value of ¥24.08tn ($3.47tn), representing 43.78% of the A-share market.The government’s focus on innovation-driven development has boosted the manufacturing industry, which is seen as a key pillar of the national economy. Of all 3,527 Chinese listed firms, almost two-thirds are in the manufacturing sector. The government has introduced measures from tax breaks to easier financing channels to support the real economy and bolster growth.The manufacturing sector has achieved sound growth in the first nine months of this year, buoyed by higher profits, recovering private investment, and sustained growth in high-tech and equipment manufacturing, according to official data. The Research Institute of Machinery Industry Economic & Management and the Suzhou government recently released a report outlining the importance of the manufacturing sector to China's economy. The report was presented at a forum, and Zhou Yongliang of the organisers praised the significant number of companies in smart and advanced manufacturing that went public this year. Such firms provide a positive shift in the manufacturing sector, Yongliang said.This news comes amidst the ongoing US-China trade war, with tariffs on both the Asian superpower and the US taking effect earlier this year. While their effect on the global economy remains to be seen, the tariffs had been expected to hurt companies and cost jobs in the manufacturing sector.Despite the tariffs, China remains a manufacturing hub, with factory production increasing for the 25th straight month in September. The Purchasing Managers’ Index (PMI), a key gauge of manufacturing activity, held steady at 50.8 last month, just slightly lower than August's 51.3, indicating sustained growth.However, the sector faces challenges such as rising costs, environmental regulations, and the need for technological innovation. Addressing these issues will require the Chinese government and business leaders to collaborate closely to ensure continued growth and competitiveness.While the manufacturing industry remains a stalwart of China’s economy, the country is moving towards a more service-based economy. This transition is reflected in the increasing number of companies listed in the finance, technology and healthcare sectors. Regardless of changes to the sectorial makeup of the economy, however, manufacturing is set to remain a crucial element of China's growth story for the foreseeable future.

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