China Manufacturing PMI is in a shrinking state for four consecutive months

Official data show that the China Manufacturing Purchasing Manager Index (PMI) is atrophic for four consecutive months.

The National Bureau of Statistics of China announced on Monday (July 30) on the official website that the local manufacturing PMI was 49.3%in July, an increase of 0.3 percentage points from the previous month, but it was still less than 50%glory.Line.

From the perspective of the classification index, of the five classification index that constitutes the PMI of the manufacturing industry, the production index and supplier delivery time index are higher than the critical point.critical point.

In July, the non -manufacturing business activity index was 51.5%, a decrease of 1.7 percentage points from the previous month, but it was still higher than the critical point.The comprehensive PMI output index was 51.1%, a decrease of 1.2 percentage points from the previous month.

Zhao Qinghe, a senior statistician of the Service Industry Investigation Center of the National Bureau of Statistics, said that the PMI of China's manufacturing industry was rebounded in July, but some companies in the survey reported that the current external environment is complicated and severe, overseas orders have decreased, and insufficient demand is still an enterprise.Facing the main difficulties.