China's October Manufacturing Purchasing Manager Index (PMI) decreased from 50.1 in September to 49.2, lower than the estimated medium value of 49.8, showing that the epidemic prevention and control and the continuous downturn's real estate market still paid for the China Economic Belt.Pressure.
The data released by the National Bureau of Statistics of China on Monday (October 31) showed that the non -manufacturing index that measured the construction and service industry activities also decreased from 50.6 last month to 48.7, which is lower than expected to be expected.50.1; The comprehensive output index also dropped from 50.9 last month to 49.
Reading is less than 50 indicates atrophy, and higher than 50 indicates expansion.
Zhao Qinghe, a senior statistician of the National Bureau of Statistics, analyzed that due to the influence of the domestic crown disease epidemic, the index of the Chinese purchasing manager's index fell, indicating that the overall production and operation activities of Chinese enterprises have slowed down, and the Chinese economy resumed development.The foundation needs to be further stable.
Zhao Qinghe pointed out that the two ends of China's production have slowed down. In OctoberThe market demand has fallen; the survey also shows that the proportion of enterprises that reflect the lack of market demand in the high energy industry this month are 56.7%, which is higher than the overall 3.9 percentage point.The PMI of the high energy industry is 48.8%, which is lower than 1.8 percentage points of last month, and it is one of the main reasons for the fall of the manufacturing industry.
Zhao Qinghe also pointed out that the activity of the service industry market is weakened. In October, the business activities index of the service industry fell to 47.0%, which was lower than 1.9 percentage points last month.Although the index is lower than two percentage points last month, the business activity index is 58.2%, which is still located in the high boom range.
