Export orders on a rise
- Details
- Category: Ningbo Business
- Published: Tuesday, 10 April 2012 09:54
A survey on the purchasing managers of 47 manufacturing enterprises made by the Survey Office of the National Bureau of Statistics in Ningbo show that in March, 40.4% of the manufacturing enterprises increased in production, up by 9.3% over the previous month. And only 6.4% of the enterprises decreased in production, a sharp drop of 24.7% over the previous month.
According to the survey, the production order for manufacturing enterprises in Ningbo increased in March, compared with the previous month. 47 enterprises maintained the finished products inventory. 47.8% of the surveyed enterprises saw an increase of orders in March, up by 17.9% over the previous month. 41.6% of enterprises maintained their order number. Only 10.5% of enterprises witnessed a decrease of orders, down by 13.8%. Of all the orders, export orders account for 29.8%, up by 16.5%. The growth of the orders of the manufacturing enterprises indicates that Ningbo’s manufacturing economy has returned to the rising track under the background of the shrinking demands from abroad with the slowdown of the economic growth of such leading economies as the United States and the Euro area.
