Infrastructure Enterprises Ramped Up Production in May

In May, production at infrastructure enterprises continue to pick up. In terms of production, the construction progress of infrastructure enterprises has accelerated, but the number of new projects decreased month-on-month, and enterprises have reported that it was more difficult to win bids.

Cash of some infrastructure companies was also relatively tight this month. Despite lower raw material prices, companies restocked mostly as needed. Only a few enterprises increased purchases due to new projects.

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