China Manufacturing Purchasing Manager Index (PMI) a while.Returning to the expansion range in six months, it shows that the economy has begun to stabilize after the official introduction of a package of Chinese officials.
According to the official website of the National State BureauThe monthly increased by 0.5 percentage points, returned to the expansion range after running less than 50%in five consecutive months, and continued to expand continuously from the previous month, showing that the economic recovery trend became better.
Data show that among the 21 industries surveyed, 11 industry procurement manager indexes are above the critical point, which is two increases from last month, showing that the manufacturing prosperity has expanded.
Specifically, both ends of production have improved.The new order index rose to 50.5%in September; the production index rose to 52.7%, an increase of 0.8 percentage points from the previous month. From the market expectations, the expected index of production and operation activities in September was 55.5%, which was basically the same as last month.Essence
In addition, the non -manufacturing business activity index in September was 51.7%, an increase of 0.7 percentage points from the previous month, which reversed the previous five consecutive months of decline, showing that the expansion of non -manufacturing industry has increased.
Bloomberg said that the latest economic data showed that the most serious stage of China's economic slowdown may have bottomed out.China ’s industrial enterprise profits in August have grown for the first time since the second half of last year. The decline in exports has eased, and credit growth exceeds expectations.
But the economic prospects are still unclear.According to the statistics of Bloomberg, the economist interviewed at the expected growth of the GDP this year (GDP) to reduce the expectations of about 5%.
