In July, the prosperity of the service industry improved, and the manufacturing industry was under relative pressure

On August 5th, Wang Zhe, a senior economist at Caixin Intelligence Tank, said that in July, the prosperity of the service industry improved, the manufacturing industry was relatively under pressure, and the price level was still relatively low, especially the sales price was at a low level, the profit space of enterprises was further squeezed, and the market optimism was slightly restored, but still at a low level. Insufficient domestic effective demand and weak market optimism expectations are still the most prominent problems at present. Stabilizing growth, promoting employment, and protecting people's livelihood, increasing policy stimulus, promoting the implementation of previous policies to be effective, and greater efforts to stimulate market vitality and endogenous motivation should be the focus of recent policy work.