For five consecutive months, China's manufacturing

2022-05-25
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China's manufacturing PMI rose for five consecutive months. In April, the PMI of China's manufacturing industry was 53.3%

the purchasing manager index (PMI) of China's manufacturing industry in April released by the China Federation of logistics and procurement and the service industry survey center of the National Bureau of statistics on May 1 was 53.3%, an increase of 0.2 percentage points over the previous month. After five consecutive months of recovery, the index has been higher than the level of the same period last year, indicating that economic growth shows a basic trend of stabilization and improvement

from the 11 sub indexes, compared with the previous month, the production index, new export order index and supplier delivery time index increased, of which the production index increased significantly, reaching 2 percentage points; The employment index was flat; The other seven indexes decreased, among which the new order index and purchase volume index decreased slightly, within 1 percentage point

by industry, chemical raw materials and chemical products manufacturing, special equipment manufacturing, automobile manufacturing, petroleum processing and coking are less than 50%; The chemical fiber and rubber plastic products industry is located at 50%, and the other 16 industries are higher than 50%. In terms of enterprise scale, large and medium-sized enterprises are more than 50%; Less than 50% of small businesses

according to the survey of manufacturing purchasing managers in April, Zhang Liqun, a special analyst, analyzed that the PMI index continued to increase in April, but the range decreased significantly; The new orders index fell. These situations show that the signs of economic stabilization are gradually obvious, but there are still some uncertainties. Orders reflect the market demand. The growth rate of exports, investment and consumption in the first quarter was significantly lower than that in the same period of the previous year. In April, the finished product inventory index in the PMI index fell by 1.3 points and the purchase volume index fell by 0.4 points, indicating that the destocking activity is still continuing. Affected by changes in demand, it is expected that the economic growth rate will continue to decline in the future. Stabilizing investment growth and demand growth has become the key to stabilizing economic growth

the new order index fell. The index of new orders this month was 54.5%, down 0.6 percentage points from the previous month. In terms of industry, 16 industries such as metal products industry, non-metallic mineral products industry, electrical and mechanical equipment manufacturing industry and ferrous metal smelting and rolling processing industry are more than 50%; Oil processing and coking industry, automobile manufacturing industry, textile industry and other five industries account for less than 50%. In terms of region, the East, middle and northeast are higher than 50%; Less than 50% in the West. In terms of enterprise scale, large and medium-sized enterprises are higher than 50%; Moreover, the identifiable material composition of small enterprises is less than 50%

the recovery of production index accelerated. The production index this month was 57.2%, up 2 percentage points from the previous month. In terms of industry, 18 industries such as metal products industry, non-metallic mineral products industry and electrical and mechanical equipment manufacturing industry are more than 50%; Petroleum processing and coking industry, automobile manufacturing industry and non-ferrous metal smelting and rolling processing industry account for less than 50%

the export index increased steadily, while the new import index decreased. The index of new export orders this month was 52.2%, up 0.3 percentage points from the previous month. In terms of industry, 14 industries such as ferrous metal smelting and rolling processing industry, metal products industry, general equipment manufacturing industry, automobile manufacturing industry, wood processing and furniture manufacturing industry are more than 50%; Chemical raw materials and high-end polyolefin products such as chemical ternary copolymerized polypropylene film, transparent impact polypropylene and rapid prototyping transparent polypropylene replace less than 50% of 7 industries such as 205000 tons of imported products manufacturing industry, petroleum processing and coking industry and textile industry. In terms of region, the East, middle and northeast are higher than 50%; Less than 50% in the West. In terms of enterprise scale, large and medium-sized enterprises are higher than 50%; Less than 50% of small businesses

the import index this month was 50.5%, down 1 percentage point from the previous month. In terms of industry, 16 industries such as metal products industry, electrical and mechanical equipment manufacturing industry and special equipment manufacturing industry are higher than 50%; Non ferrous metal smelting and rolling processing industry, non-metallic mineral products industry, petroleum processing and coking industry, general equipment manufacturing industry and automobile manufacturing industry account for less than 50%

raw material inventory index decreased. The raw material inventory index this month was 48.5%, down 1 percentage point from the previous month. From the perspective of industry, agricultural and sideline food processing industry, petroleum processing and coking industry, textile and garment industry, electrical machinery and equipment system, but the income after completion is clear and predictable, and the manufacturing industry is more than 50%; 13 industries, including railway, ship, aerospace transportation equipment manufacturing, automobile manufacturing, chemical fiber, rubber and plastic products, metal products and general equipment manufacturing, account for less than 50%

the purchase price index fell. The purchase price index this month was 54.8%, down 1.1 percentage points from the previous month. In terms of industry, 17 industries such as petroleum processing and coking industry, agricultural and sideline food processing industry and metal products industry are more than 50%; The non-ferrous metal smelting and rolling processing industry, non-metallic mineral products industry, textile industry and chemical fiber, rubber and plastic products industry account for less than 50%

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