DUSSELDORF Sam Hubbard Jersey , Germany, Feb.1 (Xinhua)-- A two-day art exhibition entitled ""National Cultural and Artistic Exhibition in Qinghai, China"" kicked off here on Thursday, showcasing unique traditional culture and art as well as beautiful landscape in northwest China's Qinghai Province.
The exhibition, held by the information office of the Qinghai provincial government, featured over 100 fine pictures and dozens of thangka, a traditional Tibetan Buddhist scroll painting. It displayed local characteristics of arts Nick Vigil Jersey , crafts, natural scenery and folk customs.
When attending the opening ceremony of the exhibition, Xia Wujiao, a Chinese master of arts and crafts, showed visitors the majority of the work in the exhibition.
The exhibition held in North Rhine-Westphalia. a highly developed area of German culture and art with multi-cultural dynamics, presents a good opportunity for both the Qinghai province and the North Rhine-Westphalia state to exchange ideas, said Chinese official He Wenbo on behalf of the Chinese Consulate General in Dusseldorf.
Michael Ruhland Joe Mixon Jersey , vice director of the German-Chinese Friendship Association Dusseldorf, recalled his memory of the 12 fantastic trips to Qinghai in the past, saying the exhibition might make him to return to northwest China once again.
China’s manufacturing activity expanded in January at the slowest pace since last May while services activity grew at the fastest in four months to reflect stable development in overall economic activity, the National Bureau of Statistics said yesterday.
The manufacturing Purchasing Managers’ Index, which measures vitality in the manufacturing sector, dipped last month to 51.3 from December’s 51.6.
The reading was below market expectations for 51.6 but remained above the 51 mark for the 16th consecutive month.
A reading above 50 indicates expansion, and below 50 contraction. The manufacturing PMI has been in positive territory for 18 straight months in a row.
The non-manufacturing PMI rose for the third consecutive month to reach 55.3 in January John Ross Jersey , up from December’s 55.
A general PMI, published for the first time to cover both manufacturing and services industries, was flat at 54.6, as data showed the December reading would have read the same.
The new index was introduced to better track the economy as the border between the manufacturing and services sectors has become more ambiguous.
While old indexes will remain, the new gauge will “provide a new perspective to monitor the macro-economy, and enrich and improve the current PMI system,” the bureau said Jessie Bates III Jersey , adding that it has undertaken more than two years of research and testing.
The mechanism in compiling the index is in line with global practices, it said. Its use will make economic activity in China more comparable on a global level.
“As of December, countries and regions including the eurozone, the United States, Britain, Germany and Japan have compiled and published such an index,” the bureau said.
Zhao Qinghe Billy Price Jersey , a senior statistician of the bureau, said business activity of companies in China continues to maintain stable growth at a relatively fast rate, with the services sector outpacing manufacturing.
Growth in demand moderated as some industries approach the low season, but the consumer goods sector accelerated ahead of the Spring Festival, Zhao said.
January’s sub-index for production fell to 53.5 from December’s 54, and new orders fell to 52.6 from 53.4. Sub-indexes for raw material inventory, employment and suppliers’ delivery time were still lower than 50.
Businesses saw easing pressure from rising operating costs in January Dre Kirkpatrick Jersey , and export growth softened as overseas demand fell after the Christmas and New Year holidays, Zhao added.
PMI for the consumer goods sector was 52.7, 0.3 points higher than December and 1.8 points higher than January 2017.
China’s economy is shifting to a consumption-led growth model to wean itself off reliance on exports and investment. Consumption contributed to 58.8 percent of economic growth last year.
Meanwhile, expansion in services industries was led by retail, air transport, broadcasting, Internet and financial services.
Economists at Bank of Communications Vontaze Burfict Jersey , in a note, attributed the lower manufacturing PMI to seasonal reasons but warned about possible trade volatility as new export orders fell below 50 for the first time in 16 months.
The note said manufacturing activity and trade may remain cool this month due to the Spring Festival, whereas activity may rebound after March to show the continuous momentum in the domestic and external demand.
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