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《Financial Market Research》 2017-11
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Is the Manufacturing Recovery a Reflection of Supply or Demand?

Investment in manufacturing is an important factor in domestic economic growth.With the introduction of supply-side reforms,capacity utilization in some industries has bottomed out or even shown an upturn of late.Manufacturing investment also appears to be holding steady.However,China's capacity utilization index contains short term data that does not cover a sufficiently broad group of industries.The data essentially provide fragmentary evidence that may not accurately reflect overall manufacturing capacity.What we can see from the available evidence is that the effect of consumer demand on manufacturing investment is most pronounced,and that is followed by real estate investment and export demand.
【CateGory Index】: F406.7;F424
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