China manufacturing PMI rose economy stabilization – Beijing exit safe mode

Chinese manufacturing PMI rose economic stabilization – China news agency new network in September 1 Beijing Xinhua (reporter Liu Changzhong) Chinese Manufacturing Purchasing Managers Index (PMI) back ups and downs over the line, in August reached 50.4%, up 0.5 percentage points from the previous month. This is the most obvious index of this year’s rise, and the main sub index generally rebounded to reach the same period last year. Accordingly, the expert group Chinese Logistics Information Center believes that, overall, the current economic operation Chinese positive changes significantly, the market supply and demand both picked up business confidence, is expected to improve, the overall trend to stabilise the development direction. Statistics show that in August China’s manufacturing PMI new orders index was 51.3%, an increase of 0.9 percentage points over the previous month, picked up significantly, after only in March of this year. New export orders index, the purchase price index continued to rise. Experts believe that the performance of these three indicators, reflecting the trend of domestic and foreign demand was picked up, the market price linkage rose, expanding the increase. September, October is the season market, known as the "golden nine silver ten", and the need for expansion of economic stability, the state introduced the relevant policies and measures, only the last two months, the national development and Reform Commission approved 12 intensive infrastructure projects, the total investment reached 280 billion yuan more than expected, the market demand will remain stable in winter. China Logistics Information Center analyst Chen Zhongtao said that in late August, the state introduced a real estate business to reduce the cost of the program, the company has been significantly boosted confidence. August production and business activities of the index is expected to reach 58.2%, up by an increase of 1.9 percentage points last month. Enterprise production expansion will increase. Production index 52.6%, up from the previous month by 0.5 percentage points, purchasing volume index rose by 2.1 percentage points to reach 52.6%, the highest value for the last two years, with the same level in March this year. Large enterprises PMI index rose for three consecutive months, maintained at more than 51%; small and medium enterprises PMI index is still less than 50%, but the trend is steadily rising. Data show that in 21 industries, there are 12 sectors PMI index rose last month. Equipment manufacturing, high-tech industry PMI index fell slightly, but still remained at a high level, higher than the overall level of the manufacturing sector by 1 percentage points and 2.2 percentage points. With the Mid Autumn Festival, National Day approaching, the early release of consumer demand, consumer goods industry PMI index rose 0.9 percentage points to reach more than 51%. Along with the production capacity, to speed up inventory, coupled with the improvement of market demand, the decline in traditional industries slowed down, although its PMI index is below 50%, but there are also significant increase, an increase of more than 1 percentage points. The employment index, the last two months of continuous rise slightly, to maintain normal levels in more than 48%, reflecting a steady upward trend in employment, also a reflection of the economic situation stabilized. The PMI index shows that China economy actively changes obviously, indicates that with the market off-season end, expanding demand, stable economy and improving the efficiency of enterprises to support the real economy development policies and measures put in place effective)相关的主题文章: