China News Service, Beijing, July 31 (Reporter Wang Enbo) The National Bureau of Statistics of China announced on July 31 that in July, China's Manufacturing Purchasing Managers Index (PMI) was 50.4%, 0.5 percentage points lower than last month, and continued to be critical Above this point, the manufacturing industry as a whole continues to maintain an expansion trend, but the pace has slowed down.

  According to Zhao Qinghe, a senior statistician at the Service Industry Survey Center of the National Bureau of Statistics, in July, some companies entered the equipment maintenance period. Coupled with the impact of extreme weather such as high temperature and flood disasters in some areas, the expansion of the manufacturing industry has weakened compared with the previous month, but most industries PMI remains in the boom zone.

  Specifically, in July, the production index and new order index were 51.0% and 50.9%, respectively, down 0.9 and 0.6 percentage points from the previous month. Manufacturing production activities and market demand generally slowed down; the import and export boom dropped slightly. The new export order index and import index were 47.7% and 49.4%, respectively, down 0.4 and 0.3 percentage points from the previous month.

  In July, the purchase price index and ex-factory price index of major raw materials were 62.9% and 53.8%, respectively, 1.7 and 2.4 percentage points higher than the previous month.

From the perspective of the purchase price index of major raw materials, the purchasing cost of manufacturing has generally risen, of which petroleum, coal and other fuel processing, chemical raw materials and chemical products, ferrous metal smelting and rolling processing industries are all higher than 70.0%.

  It is worth mentioning that the high-tech manufacturing and equipment manufacturing PMIs have always been higher than the overall manufacturing industry this year. This month, they rose steadily, reaching 55.0% and 52.4%, respectively, which were 0.3 and 0.9 percentage points higher than the previous month. The high-end manufacturing industry continues to develop rapidly.

  In July, the PMI of large enterprises was 51.7%, the same as the previous month, and 1.3 percentage points higher than the overall manufacturing industry.

The PMI of small and medium enterprises was 50.0% and 47.8%, respectively, 0.8 and 1.3 percentage points lower than last month.

Some small and medium-sized enterprises in the survey reported that the recent increase in raw material costs, the reduction in orders, and the increased pressure on payment collection have been prominent, and the production and operation of the enterprises have been under pressure.

  The data disclosed on the same day also showed that in July, the non-manufacturing business activity index was 53.3%, slightly lower than 0.2 percentage points last month, and still remained above the threshold, indicating that the non-manufacturing industry as a whole maintained a steady expansion.

  Among them, driven by summer consumption and other factors, the business activity index of the service industry rose by 0.2 percentage points from the previous month to 52.5%, showing that the service industry is recovering. From the perspective of industry conditions, among the 21 industries surveyed, 18 industries have business activity indexes in the expansion range, an increase of 6 from the previous month, and the service industry's prosperity has expanded. (Finish)