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China's manufacturing industry continues to maintain a steady growth momentum

Reporters on the 31st from the National Bureau of Statistics was informed that the National Bureau of Statistics Service Center and the China Federation of Logistics and Purchasing today released the China Purchasing Managers Index, which, the National Bureau of Statistics Service Survey Center Senior Statistics Zhao Qinghe pointed out that in May, Manufacturing PMI was 51.2%, unchanged from the previous month, higher than the same period last year 1.1 percentage points, for 8 consecutive months in more than 51.0% expansion range, manufacturing continued to maintain a steady growth trend.

Zhao Qinghe said that the May manufacturing industry, the main features include: First, the market supply and demand at both ends of sustained expansion. The production index was 53.4%, down 0.4 percentage points from the previous month but up 1.1 percentage points from the same period last year. The overall growth of production was stable. The new orders index was 52.3%, unchanged from the previous month, up from 1.6 percentage points over the same period last year. The new export orders index was 50.7%, up 0.1 percentage point from the previous month and 7 months in the expansion range. improve. Second, the growth rate of consumer goods manufacturing industry has accelerated. Consumer goods manufacturing PMI was 53.8%, respectively, higher than the previous month and manufacturing overall 1.6 and 2.6 percentage points. Among them, the agricultural and sideline food processing industry, textile and apparel industry, pharmaceutical manufacturing industry PMI are located in more than 54.0% of the higher boom interval. Third, the vitality of small and medium enterprises has increased. The state introduced a series of small and medium enterprises for tax reduction fees, financial services and other policy effects have emerged, continuous improvement of production and management. This month, small business PMI was 51.3% and 51.0%, respectively, higher than the previous month 1.1 and 1.0 percentage points, of which small business PMI rose for three consecutive months, the first time to rise to the expansion range during the year. Fourth, companies are more optimistic about the market expectations. Production and business activities expected the index was 56.8%, respectively, higher than last month and the same period last year 0.2 and 1.7 percentage points. Among them, the equipment manufacturing and high-tech manufacturing production and business activities expected to 58.7% and 59.1%, respectively, higher than last month 0.3 and 0.2 percentage points, the industry confidence in the future development of the industry has increased. In the international market commodity prices and other factors under the influence of this month, the main raw material purchase price index and the ex-factory price index continued to fall, respectively, 49.5% and 47.6%.

In addition, in May, China's non-manufacturing business activity index was 54.5%, up 0.5 percentage points from the previous month, higher than the same period last year 1.4 percentage points, non-manufacturing continued to maintain a rapid development momentum, growth has accelerated.

Zhao Qinghe pointed out that the service industry grew rapidly. The business activity index was 53.5%, higher than the previous month and 0.9% and 1.5 percentage points in the same period last year. The growth rate of the service sector was accelerated. In terms of the industry, the index of business activities such as retail, rail transport, air transport, postal services, telecommunications, radio and television and satellite transmission is located in the higher boom area of ​​59.0%, and the total business volume is growing rapidly. Road transport, loading and unloading warehousing, securities, real estate and other sectors of the business activity index below the critical point, the total business volume has decreased. From the demand and expectations, the new orders index and business activity expectations index was 50.3% and 59.2%, respectively, up 0.6 and 0.4 percentage points last month, the market demand increased steadily, is expected to improve, the service industry is expected to continue to maintain steady and rapid growth The

Construction is high. With the increase in investment in infrastructure construction and key areas, the demand for construction market is growing and the production activities of enterprises are relatively active. The index for business activities was 60.4%, down 1.2 percentage points from the previous month, but still higher than the same period last year 1.0 percentage points, for 9 consecutive months at 60.0% above the high boom interval. From the labor demand, the employment index was 52.4%, up 0.5 and 2.5 percentage points from the previous month and the same period last year, rising for two consecutive months, and construction enterprises continued to grow. From the market expectations, the construction industry business activity is expected to index 65.8%, up 0.7 percentage points from the previous month, the company optimistic about the future development of the industry.

 
 
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