China'S Manufacturing Capacity Has Slowed Down.
Zhou Xiaochuan, governor of the people's Bank of China, said in October 24th that China
manufacturing industry
The production capacity has obviously started to slow down, and in the new investment, the proportion of manufacturing industry has been getting lower and lower.
At the forum held on the same day, Zhou Xiaochuan said that China's capacity deceleration has been clearly reflected in the manufacturing industry, but with its own investment, China's own loans, and foreign direct investment, it is also a relative change.
Zhou Xiaochuan said that more factors, including migrant workers entering the city, are now concentrated in the construction and service industries.
In the new investment, the proportion of manufacturing industry has been getting lower and lower.
financial crisis
Basically, there is no industrial investment and no manufacturing investment in the four trillion stimulus package introduced. "
"From the total loan amount of the financial industry, the proportion of new loans to the processing industry now accounts for only one digit of new loans. It is no longer as high as half or half of the total in the manufacturing sector."
Zhou Xiaochuan said.
Zhou Xiaochuan pointed out that FDI (foreign direct investment) used to generate a lot of manufacturing capacity in China, and then exported to China, but now FDI is investing in
Service industry
Nearly fifty percent.
Zhou Xiaochuan said, "these changes indicate that our capacity layout is changing in various fields. With this change, China's balance of payments will become healthier and more balanced."
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