National Bureau of Statistics Service Survey Center, China Federation of logistics and purchasing report
released in October 1st showed that in September China's Manufacturing Purchasing Managers Index (PMI)
was 49.8%, up 0.6 percentage points over the previous month, close to the critical point. This is the first time
since May this year for the first time since the 4 consecutive months of decline.
According to statistics, in September the manufacturing PMI 5 classification index rose 3 to 2. Among them,
the production index was 0.4, an increase of 51.3% percentage points over the previous month, is located
above the critical point, which indicates that the manufacturing production continues to grow.
It is worth mentioning that the new orders index rose fastest, 1.1, 49.8% percentage point rise, close to the
critical point, but also the main driving force of this month's rebound in PMI.
PMI little knowledge:
PMI Purchase Management Index, the Chinese translation for the purchasing managers index. PMI is a set of
monthly release, comprehensive economic monitoring index system, divided into manufacturing PMI, service
industry PMI, and some countries have established the construction industry PMI. At present, the world has
more than 20 countries established the PMI system, the world's manufacturing and service industry PMI has
been established.
PMI is an index that reflects the changing trend of the economy through a monthly survey of purchasing
managers.