Skip to Content Facebook Feature Image

Eurozone's composite PMI drops to 49.6 in Sept: data

China

China

China

Eurozone's composite PMI drops to 49.6 in Sept: data

2024-10-03 20:40 Last Updated At:22:07

The Eurozone's composite purchasing managers' index (PMI) dropped to 49.6 in September from August's 51.0, according to data released by S and P Global and Hamburg Commercial Bank on Thursday.

The HCOB's composite PMI for the bloc, compiled by S and P Global, is seen as a gauge of overall economic health in the Euro area.

A reading above 50 indicates an overall expansion compared to the previous month, and below 50 an overall contraction.

Europe's economic recovery is facing headwinds, noted European Central Bank (ECB) President Christine Lagarde at a hearing on Monday.

The latest forecast from the ECB predicted that the Eurozone economy will grow by 0.8 percent in 2024 and rise to 1.3 percent in 2025.

Eurozone's composite PMI drops to 49.6 in Sept: data

Eurozone's composite PMI drops to 49.6 in Sept: data

Eurozone's composite PMI drops to 49.6 in Sept: data

Eurozone's composite PMI drops to 49.6 in Sept: data

Yalu River estuary in northeast China's Liaoning Province is a key biodiversity conservation area in China providing habitats for migratory birds and dozens of endangered species.

Situated at the northern edge of the Yellow Sea Ecoregion, the Yalu River estuary in Dandong, Liaoning Province is a crucial stopover site for birds migrating along the East Asian-Australasian Flyway which spans more than 20 countries and regions from the Arctic to Southeast Asia and Australasia.

Staff at the Dandong Yalu River Estuary National Nature Reserve are conducting research on the quantity, species, and spatial distribution of migratory waterbirds as they arrive here during their autumn migration.

"By doing these surveys we can understand the waterbirds' migration patterns, food chains and food distribution. We can also track these birds via satellite to monitor their migration routes and timings within the migratory area," said Ma Li from the nature reserve.

Ma added that the reserve has conducted surveys on northbound waterbirds for 26 consecutive years. The number of migratory birds being surveyed can reach 60,000 to 80,000 during the autumn migration.

As well as being a stopover site for migratory birds, Yalu River estuary also contributes to biodiversity conservation by providing vital habitats for endangered species within the region.

Preserving the typical coastal wetland landscape of East Asia, the Dandong Yalu River Estuary National Nature Reserve accommodates most species of the Liaodong Peninsula in northeast China, thus maintaining the richness and diversity of wildlife.

The nature reserve is home to 453 species of plants, 324 species of birds, more than 80 species of nektons, amphibians, reptiles and mammals.

"In terms of global biodiversity conservation, the Yalu River Estuary Wetland in Dandong supports the survival and development of nearly 20 rare and endangered species in the world. Therefore, as a UNESCO World Heritage Site, this location holds significant importance," said Lei Guangchun, a professor from Beijing Forestry University.

The Yalu River estuary is one of the Migratory Bird Sanctuaries along the Coast of the Yellow Sea-Bohai Gulf of China (Phase II) which was included in UNESCO's World Heritage List on July 26.

Migratory bird habitat in China’s Liaoning bears significance for biodiversity conservation

Migratory bird habitat in China’s Liaoning bears significance for biodiversity conservation

Recommended Articles