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The following is the press release of the official website of the Bureau of Statistics entitled "China's Manufacturing Purchasing Managers' Index for the fifth consecutive month in July 2014".
In July 2014, the China Manufacturing Purchasing Managers Index (PMI) was 51.7%, up 0.7 percentage points from the previous month and rising for five consecutive months, indicating that China's manufacturing industry is becoming more stable.
In terms of scale of enterprises, the PMI of large enterprises was 52.6%, up 1.1 percentage points from the previous month and continued to be above the critical point; the PMI of medium-sized enterprises was 50.1%, down 1.0 percentage points from the previous month, and was above the critical point for four consecutive months; The PMI for small businesses was 50.1%, up 1.7 percentage points from the previous month, and returned to the critical point for the first time since April 2012.
In July 2014, the sub-index rose by 10 liters. Among the five sub-indices that constitute the manufacturing PMI, the production index and the new order index ranked the top two, both of which have a large increase, which is the main driving force for PMI to continue to rebound.
The production index was 54.2%, which was the highest point of the year, up 1.2 percentage points from the previous month. It was the biggest increase during the year and rebounded for three consecutive months.
The new order index was 53.6%, up 0.8 percentage points from the previous month and was the highest since May 2012. The new export order index was 50.8%, up 0.5 percentage points from the previous month and above the critical point for two consecutive months.
The employee index was 48.3%, down 0.3 percentage points from the previous month and continued to be below the critical point.
The raw material inventory index was 49.0%, up 1.0 percentage point from the previous month, but still below the critical point.
The supplier's delivery time index was 50.2%, down 0.3 percentage points from the previous month and above the critical point.
The purchase volume index was 53.0%, up 1.0 percentage point from the previous month and above the critical point for five consecutive months.
The purchase price index of major raw materials was 50.5%, up 0.4 percentage points from the previous month and above the critical point for two consecutive months.
The import index was 49.3%, a slight increase of 0.1 percentage points from the previous month, but continued to fall below the critical point.
The finished goods inventory index was 47.6%, up 0.3 percentage points from the previous month and continues to be below the critical point.
The on-hand order index was 46.4%, up 0.2 percentage points from the previous month, but still below the critical point.
The expected index of production and operation activities was 55.3%, up 0.5 percentage points from the previous month, and it rebounded for the first time in three consecutive months.
Abstract Chinese National Bureau of Statistics on Friday (August 1) released data show that China's manufacturing sector in July official manufacturing purchasing managers index (PMI) rose to 51.7, the highest (since April 2012) the highest level in nine quarters, And for the fifth consecutive month to pick up and speed up expansion...
China’s National Bureau of Statistics released data on Friday (August 1) that China’s official manufacturing manufacturing purchasing managers’ index (PMI) rose to 51.7 in July, the highest level in nine quarters (as of April 2012). In order to rebound for the fifth consecutive month and accelerate the expansion rate, exceeding market expectations, the market expectation has improved to 51.4, the previous value of 51.0.