The certainty for the Chinese economy's stable growth has been strengthened due to the policy support and judgment on the rise in consumption expectation, increasing investment in the manufacturing industry and the recovery of real estate market.
The stimulus for recovery of domestic economy in Q4 includes the expanding consumption demand, increasing investment in construction and manufacturing industries, as well as policy warming up the real estate industry, said Li Qi, researcher of consulting department at China-Derivatives Futures Co Ltd.
Compared with the fluctuating overseas market, the pace of domestic economic recovery in China is relatively steady, and various deterministic factors with the policy of stabilizing growth as the main focus are expected to support the continued improvement of the domestic economy in the fourth quarter, said Wu Mengyin, senior analyst of commodity strategy at Research Institute of Orient Futures.
It is expected that the future price of energy commodities will remain high in the later period under the geopolitical risk, said Yu Xuefei, general manager of Changjiang Futures Research and Consulting Department.
China's GDP growth is expected to reach about 5 percent in the fourth quarter of this year, making the whole year's GDP growth at around 3.5 percent, according to a report released by the Bank of China on Sept 28.
While the winter is coming, the market of ployester is coming back bit by bit. Order increased, and textile companies grow bocome lively. Now, the upstream prices are relatively stable, and the market is growing warmer, so textile companies are purchasing raw materials without worrying it fall in price. Hebei Jingze Textile CO.,LTD is also occupied in production, buying raw materials and deliver goods to customers. Although the order cycle become shorter, the bost of Jingze says that the capacity of Jingze can be increased, and we welcome more customers to order.
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