• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Cornerstone China

  • Who We Are
    • About Us
    • Company Background
    • Why Cornerstone?
    • Global Reach
    • Join Cornerstone
    • Our Team
  • Expertise
  • What We Do
    • Executive Search
    • Interim Executives
    • Executive Coaching & Development
    • Career Management
    • Outplacement
    • CCC Peer Advisory
    • Employer Service
  • News and Resources
  • Contact Us
  • English
Cornerstone Blog Manufacturing, infrastructure set to bolster the economy

Manufacturing, infrastructure set to bolster the economy

September 21, 2021 by Cornerstone International Group Leave a Comment

Investment in the manufacturing and infrastructure sectors is expected to play a key role in stabilizing China’s economic growth in the coming months amid intensified policy support after retail sales and property development showed signs of softening, officials and experts said on Wednesday.

They commented after China’s economic recovery slowed in August due to domestic COVID-19 cases and heavy rains in some parts of the country, with headline data including industrial output, retail sales, and fixed-asset investment decelerating from July and falling short of market expectations.

Although the economy showed more signs of softening in August, the nation is expected to continue to implement property sector regulations aimed at stabilizing housing prices and developers’ debt ratio, said Lu Ting, Nomura’s chief China economist.

Read the more article here

Looking for Best Executive Search Firms in China?

Trust Cornerstone International Group – China for hiring the best talent!

Filed Under: Cornerstone Blog Tagged With: #china, #manufacturing

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Footer

Copyright © 2023 · Cornerstone China · Sitemap

Website Development by LimeCuda