Chinese business sentiment declined again in February, setting a downbeat tone for 2016 as production fell to its lowest level in two years.
2月份中國(guó)企業(yè)信心繼續(xù)下降,產(chǎn)量降至兩年來(lái)最低水平,為2016年定下了一個(gè)悲觀的基調(diào)。
The MNI China Business Indicator fell to 49.9 in February from 52.3 in January – below the 50 threshold needed to indicate optimists outnumber pessimists.
2月份,MNI中國(guó)企業(yè)信心指數(shù)(MNI China Business Indicator)從1月份的52.3降至49.9,低于50這一閾值,50及以上表明企業(yè)情緒樂(lè)觀。
The survey, which questions 200 companies listed on the Shanghai and Shenzhen stock exchanges, said production fell to the extent that it wiped out a small gain made last month, and was at the lowest level since February 2014. New orders were at their lowest since August 2012.
該指數(shù)調(diào)查了在滬深股市上市的200家企業(yè),表示2月份產(chǎn)量下滑幅度抵消了上一個(gè)月的小幅增長(zhǎng),且降至2014年2月以來(lái)最低水平。新訂單處于2012年8月以來(lái)最低水平。
Surprisingly there are still some glass-half-full types making their voices heard: the ‘future expectations’ component of the survey rose 1 per cent to 53.1. It relates to expectations over the coming three months.
令人驚訝的是仍有某些分項(xiàng)指標(biāo)表現(xiàn)出樂(lè)觀態(tài)度,該調(diào)查中“未來(lái)展望”的部分上升1%至53.1,它涉及對(duì)未來(lái)3個(gè)月的預(yù)期。
Philip Uglow, chief economist of MNI Indicators, added: The absence of the usual monthly indicators of economic activity make judging the trajectory of the Chinese economy difficult over the Lunar New Year holiday.
MNI指數(shù)(MNI Indicators)首席經(jīng)濟(jì)學(xué)家菲利普萠格洛(Philip Uglow)表示:由于缺乏經(jīng)濟(jì)活動(dòng)的一般月度指標(biāo),因此很難對(duì)春節(jié)期間中國(guó)經(jīng)濟(jì)的軌跡作出判斷。
From a business sentiment standpoint the theme is more of the same; conditions remain subdued as companies weigh a more supportive policy environment with market volatility. The significant fall in activity measures suggests that we’re unlikely to see a jump in economic activity over the festive period.
從企業(yè)信心角度來(lái)看基調(diào)大致相同:企業(yè)在考慮,更具支持性的政策環(huán)境與市場(chǎng)的波動(dòng),哪個(gè)會(huì)給自己帶來(lái)更大的影響,因此活動(dòng)情況依然低迷。產(chǎn)量的顯著下降表明,春節(jié)期間的經(jīng)濟(jì)活動(dòng)不太可能出現(xiàn)猛增。