China News Service, August 31. According to the website of the National Bureau of Statistics, the Service Industry Survey Center of the National Bureau of Statistics and the China Federation of Logistics and Purchasing released the China Purchasing Managers Index on August 31. In this regard, Zhao Qinghe, a senior statistician at the Service Industry Survey Center of the National Bureau of Statistics, explained. Zhao Qinghe said that in August, the manufacturing purchasing managers index operated smoothly. The overall planning of epidemic prevention and control and economic and social development in various regions has achieved remarkable results, and my country's economic prosperity has continued to recover.
Zhao Qinghe stated that in August, all localities adhered to the new development concept and the general keynote of seeking progress while maintaining stability, and achieved remarkable results in coordinating epidemic prevention and control and economic and social development, and my country's economic prosperity continued to recover. The manufacturing purchasing managers index was 51.0%, a slight decrease of 0.1 percentage point from the previous month. The non-manufacturing business activity index and the comprehensive PMI output index were 55.2% and 54.5%, respectively 1.0 and 0.4 percentage points higher than last month. The index has remained above the critical point for 6 consecutive months.
Zhao Qinghe pointed out that the manufacturing purchasing manager index is operating smoothly. In August, the PMI of the manufacturing industry was 51.0%. Among the 21 industries surveyed, the PMI of 15 industries was in the boom range. Main features of this month:
First, demand continues to recover, and the supply-demand cycle is gradually improving. The new order index was 52.0%, 0.3 percentage points higher than last month, and it rebounded for 4 consecutive months. From the perspective of the industry, the new order index of manufacturing industries such as pharmaceuticals, non-metal products, metal products, railway, ship, aerospace equipment, electrical machinery and equipment were all 4.0 percentage points higher than the previous month. This month's production index was 53.5%, and the difference with the new orders index narrowed to 1.5 percentage points, the lowest since March.
The second is to stabilize foreign trade policies, and exports are generally improving. The effects of a series of policies for stabilizing foreign trade and foreign investment continued to be released. Manufacturing exports have further improved. The new export order index this month was 49.1%, 0.7 percentage points higher than the previous month. Among them, 7 industries including non-metallic products, non-ferrous metals, and metal products are on the threshold Point above.
Third, the development of new kinetic energy accelerated, and the transformation and upgrading continued. In terms of key industries, the high-tech manufacturing and equipment manufacturing PMIs were 52.8% and 52.7%, 1.5 and 0.9 percentage points higher than last month, and 1.8 and 1.7 percentage points higher than the manufacturing PMI. New momentum has been injected into the recovery of the manufacturing industry. Vitality.
Fourth, the market has gradually improved and the price index has risen. The purchase price index and ex-factory price index of major raw materials were 58.3% and 53.2%, respectively 0.2 and 1.0 percentage points higher than last month. In terms of industry conditions, the two price indices of steel and nonferrous industries are both higher than 60.0%, and prices in some upstream industries have risen rapidly.
Fifth, business expectations have improved and corporate confidence has increased. This month's enterprise production and operation activities expectation index was 58.6%, 0.8 percentage points higher than last month. From the perspective of the industry, the expected index of production and operation activities in the manufacturing industry such as agricultural and sideline food processing, food and alcoholic beverage refined tea, medicine, special equipment, railway, ship, aerospace equipment, electrical machinery and equipment are all higher than 60.0%.
The survey results also showed that the PMI of small companies was 47.7%, down 0.9 percentage points from the previous month, and still below the critical point. This month, small companies reported insufficient market demand and capital shortage, accounting for more than 50% and 40% respectively, and production and operation still face many difficulties. In addition, some enterprises in Chongqing, Sichuan and other places reported that due to the impact of heavy rains and floods, the procurement cycle of raw materials has been lengthened, market orders have decreased, and enterprise production has fallen.
Zhao Qinghe said that the non-manufacturing business activity index has risen. In August, the non-manufacturing business activity index was 55.2%, an increase of 1.0 percentage point from the previous month. The non-manufacturing industry's recovery momentum continued to improve.
The recovery of the service industry has accelerated. The service industry business activity index was 54.3%, an increase of 1.2 percentage points from the previous month. From the perspective of industry conditions, the business activity index of transportation, telecommunications and other industries has been above 60.0% for 4 consecutive months, and the total business volume has continued to recover rapidly; as the domestic epidemic prevention and control situation stabilizes, the consumer demand for residents has been released faster , Culture, sports and entertainment industries resume operations in an orderly manner, market activity has increased, and business activity index continues to rise, both higher than 57.0%; driven by the overall economic recovery, the business activity index of leasing and business services is the first time since the epidemic Rise above the critical point. In terms of market expectations, the business activity expectation index was 61.3%, which was basically the same as last month. Among them, railway transportation, air transportation, accommodation, Internet software and other industries were higher than 65.0%, and business development confidence was stable.
The high level of the construction industry dropped slightly. The business activity index of the construction industry was 60.2%, 0.3 percentage points lower than last month, of which the civil engineering construction industry was 57.7%, lower than 4.8 percentage points last month; the housing construction industry and construction installation and decoration industry were 59.9% and 66.8%, respectively It was 0.3 and 7.8 percentage points higher than last month. In terms of market demand and expectations, the new order index was 56.4%, 1.8 percentage points higher than last month; the business activity expectation index was 66.6%, which remained above 66.0% for four consecutive months. With the steady progress of infrastructure construction and the high temperature With the reduction of rainy weather, the construction industry is expected to continue its rapid development in the near future.
In addition, Zhao Qinghe analyzed that the comprehensive PMI output index was higher than last month. In August, the comprehensive PMI output index was 54.5%, 0.4 percentage points higher than last month. The production and operation activities of Chinese enterprises continued to recover. The manufacturing production index and the non-manufacturing business activity index, which make up the comprehensive PMI output index, were 53.5% and 55.2%, respectively, falling and rising from the previous month.