China News Service, May 31. According to the website of the National Bureau of Statistics, on the 31st, 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.

In this regard, Zhao Qinghe, a senior statistician at the Service Industry Survey Center of the National Bureau of Statistics, explained that in May, China’s manufacturing purchasing managers’ index was 51.0%, a slight decrease of 0.1 percentage point from the previous month; non-manufacturing business activity index and comprehensive PMI output The indexes were 55.2% and 54.2% respectively, up 0.3 and 0.4 percentage points from the previous month. my country's economy as a whole continued to expand steadily.

Data map: In a manufacturing company, workers are busy on the production line.

Photo by China News Agency reporter Yang Bo

Manufacturing Purchasing Managers' Index is basically flat

　　In May, the manufacturing purchasing managers' index changed little compared with the previous month, and the prosperity continued to be higher than the same period in 2019 and 2020. The manufacturing industry continued to expand steadily.

Main features of this month:

　　One is the steady increase in production.

The production index was 52.7%, 0.5 percentage point higher than last month, and the expansion of manufacturing production has accelerated.

From the perspective of the industry, the production index of agricultural and sideline food processing, food and alcoholic beverage refined tea, ferrous metal smelting and rolling processing, general equipment, railway, ship, aerospace equipment and other industries are higher than last month, and are at 54.0% and above. Boom level.

In order to meet production needs, enterprises have increased their demand for raw materials, and the purchase volume has increased. This month's purchase volume index and import index were 51.9% and 50.9%, respectively, which were 0.2 and 0.3 percentage points higher than the previous month.

　　The second is the slowdown in demand growth.

The new order index was 51.3%, which was 0.7 percentage points lower than last month, but it was still in the boom range, and the pace of market demand expansion slowed down.

From the perspective of external demand, the new export order index was 48.3%, 2.1 percentage points lower than last month, and fell below the threshold, reflecting the decrease in foreign orders from the previous month.

　　Third, the price index is at a recent high.

The purchase price index and ex-factory price index of major raw materials were 72.8% and 60.6% respectively, 5.9 and 3.3 percentage points higher than last month.

From the perspective of the industry, the two upstream industries such as petroleum, coal and other fuel processing, ferrous metal smelting and rolling processing, non-ferrous metal smelting and rolling processing and other upstream industries are higher than 73.0%, of which the ex-factory price index of ferrous metal smelting and rolling processing industry is continuous More than 80.0% in three months.

　　Fourth, the boom in high-tech manufacturing continues to rise.

The PMI of the high-tech manufacturing industry has risen for three consecutive months, to 55.2% this month, which is in a relatively high economic range, and the industry maintains a rapid growth trend.

The expectation index of high-tech manufacturing production and operation activities rose to a high level of 61.5%; at the same time, the employment index remained at an expansion range of more than 51.0% for three consecutive months, indicating that the continuous increase in the employment of high-tech manufacturing enterprises has a significant impact on the future market. Abundant confidence in development.

　　Fifth, the performance of enterprises of different sizes varies.

The PMI of large and medium-sized enterprises was 51.8% and 51.1%, respectively, which were 0.1 and 0.8 percentage points higher than last month. The production index was 53.8% and 53.2%, which were 1.0 and 1.8 percentage points higher than last month, indicating that large and medium-sized manufacturing enterprises Enterprise production maintains a momentum of growth.

The small business PMI was 48.8%, 2.0 percentage points lower than last month, and fell to the contraction range, reflecting that the continued growth of manufacturing small businesses is still insufficient.

Non-manufacturing business activity index rose to a higher boom range

　　In May, the non-manufacturing business activity index was 55.2%, 0.3 percentage points higher than the previous month, and the non-manufacturing sector's expansion has increased.

　　The service industry has recovered steadily and improved.

The business activity index of the service industry was 54.3%, a slight decrease of 0.1 percentage point from the previous month, but 1.1 percentage points higher than the annual average, and the operation was generally stable.

As the precise prevention and control of the epidemic continues to be effective, the recovery momentum of the service industry continues to consolidate. From the perspective of the industry situation, driven by the "May 1st" holiday, the service industry consumer market continues to heat up, railway transportation and air transportation related to long-distance travel The business activity index of industries such as, accommodation and other industries has been higher than 65.0% for two consecutive months. Recently, the industry has maintained a relatively high degree of activity; the business activity indexes of retail, catering, culture, sports and entertainment industries closely related to household consumption are all higher than last month, and are located in In the relatively high economic range above 58.0%, the consumer market is showing a positive recovery momentum.

At the same time, the business activity index of the producer service industry this month was 53.8%, 1.7 percentage points lower than the life service industry, of which the water transportation, capital market services and other industries were below the threshold.

In terms of market demand and expectations, the new order index was 52.0%, 0.7 percentage points higher than last month, and the business activity expectation index was 62.4%, staying in the high business range above 62.0% for 4 consecutive months, indicating that companies continue to resume development in the future market The situation remains optimistic.

　　The construction industry has returned to the high level of prosperity.

The construction industry business activity index was 60.1%, 2.7 percentage points higher than last month, and the construction industry production activity accelerated.

In terms of market demand and employment, the new order index and employment index were 53.8% and 53.0%, respectively, 1.4 and 2.0 percentage points higher than last month, indicating that the number of new construction contracts signed by companies has increased significantly, labor demand has risen, and the construction industry has expanded. Increased motivation.

The comprehensive PMI output index has risen

　　In May, the comprehensive PMI output index was 54.2%, 0.4 percentage points higher than last month, indicating that the overall production and operation activities of Chinese enterprises continued to expand steadily.

The manufacturing production index and non-manufacturing business activity index that make up the comprehensive PMI output index are 52.7% and 55.2%, respectively.