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In September, China'S Manufacturing Purchasing Managers Index Increased Slightly By 0.3 Percentage Points.

2011/10/28 15:15:00 14

According to Statistics Bureau, China in September 2011

Manufacture

Industry purchasing managers index (PMI) was 51.2%, a slight increase of 0.3 percentage points from last month.

this

index

Since March 2009, it has always been at the critical point - more than 50% of the expansion interval, indicating China's manufacturing industry.

Economics

Overall, growth is still maintained.


In September 2011, the five classification indices of manufacturing PMI rose by four liters.


Production index was 52.7%, higher than last month's 0.4 percentage points, and for thirty-two consecutive months, it was above the critical point, indicating that manufacturing production maintained a growth trend.

From the perspective of the size of enterprises, the growth of large and medium-sized enterprises has been growing well. The growth rate of large enterprises has accelerated since last month. The production index of small enterprises has been at the critical point below 50% for four consecutive months, and the production volume of enterprises has continued to fall. This month's decline has been widened, and the production and operation situation is worrying. The future development of enterprises is facing many challenges.


The new order index was 51.3%, an increase of 0.2 percentage points from last month, and a thirty-two consecutive month above the critical point, indicating that the number of new orders in manufacturing industry continued to show moderate growth.

From the scale of enterprises, the order volume of large and medium-sized enterprises from customers continues to grow, and the growth rate has accelerated. The market demand of small enterprises has dropped for six consecutive months.

The survey shows that the export orders index is 50.9%, returning to the critical point, 2.6 percentage points higher than last month, but still below the same level in the same period.

In September, the export season for manufacturing enterprises, despite the recent European debt crisis and the risk of global economic downturn and other adverse factors, China's manufacturing industry's foreign orders increased this month, but affected by many uncertainties, the future export situation is worth noting.


The stock index of major raw materials was 49%, 0.2 percentage points higher than that of last month, but still below the critical point, indicating that the main raw material inventory of the manufacturing industry continued to decrease.

Judging from the industry situation, the main raw materials inventory of the tobacco products industry, paper and printing industry, chemical fiber and rubber plastic products industry, textile and clothing shoes and hats manufacturing, feather and down products industry, non-metallic mineral products industry and other industries increased significantly; the main raw material inventory of non-ferrous metal smelting and calendering processing industry, general equipment manufacturing industry, special equipment and instrument and meter culture office machinery manufacturing industry, petroleum processing and coking industry decreased significantly.


The employment index was 51%, an increase of 0.6 percentage points from last month, and for seven consecutive months, above the critical point, indicating that the employment volume of manufacturing enterprises continued to maintain a steady growth trend.

From the perspective of the industry, the demand for labor in beverage manufacturing, chemical fiber and rubber and plastic products, non-ferrous metal smelting and calendering processing, textile and footwear manufacturing, and feather and down products industry has increased significantly.


The supplier delivery time index was 49.5%, down 0.4 percentage points from last month, approaching the critical point, indicating that the delivery time of manufacturing suppliers slightly slowed compared with the previous month.


The main raw material purchase price index was 56.6%, down 0.6 percentage points from last month, indicating that the purchasing price of raw materials for manufacturing industry continued to rise, but the growth rate slowed slightly and inflation pressure eased.

According to the industry, the price index of the pharmaceutical manufacturing, beverage manufacturing, wood processing, bamboo and straw products and furniture manufacturing, chemical fiber and rubber plastic products, ferrous metal smelting and calendering processing, agricultural and sideline food processing and food manufacturing industry was above 60%. The purchasing cost of enterprises increased further. The price of raw materials in textile industry began to rise significantly after four consecutive months of decline. The purchasing price index of raw materials for petroleum processing and coking industry was 38.9%, down 12.8 percentage points from last month, and the purchase price dropped significantly.


In September, the survey of purchasing managers of China's manufacturing industry showed that the economic growth of manufacturing industry in the western region was speeded up, the PMI index was 1.2 percentage points higher than that in the eastern and central regions, and the production index and the new order index in the western region were higher than those in the eastern and central regions, which were 1 to 2.8 percentage points.


In September, the PMI index for small enterprises was 45.3%, down 1.9 percentage points from last month, and for five consecutive months in the contraction area. Production index, new order index, purchasing volume index and employment index all lasted for four to six months below the critical point, and were significantly lower than those of large and medium-sized enterprises.


 
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