The Chinese Blood Book Survey of the United States shows that the output of China's manufacturing industry has risen significantly compared with April in May.A survey of Goldman Sachs also shows that the China Emerging Industry Purchasing Manager Index (EPMI) has recovered.
According to Bloomberg News on Tuesday (May 30), the China Blood Book Report said that the income and profit margins of Chinese manufacturers and service industries and retail industries in May also increased compared to last month.The report data is based on the investigation of about 1,000 Chinese companies from May 18th to 25th.
Goldman Sachs ’s economist, Chinese economist, pointed out in a report that China’ s emerging industry procurement manager index (EPMI) in May increased after seasonal adjustment.This data measures industries such as renewable energy, advanced manufacturing and biotechnology.
Shanhui said that EPMI is widely regarded as the leading indicators of China's official manufacturing manager index (PMI). These data show that this is a preliminary signs of manufacturing activities that may begin to stabilize.
She is expected that the May official purchasing manager index will rise to 49.8 in May, which will be released on Wednesday (31st), and 49.2 in April.Economists generally predict 49.5.
The data released by the National Bureau of Statistics of China on April 30 showed that in April, the PMI of China's manufacturing industry recorded 49.2, a decrease of 2.7 percentage points from March. This is the first time this year.Wire.