China News Service, Beijing, January 6 (Reporter Ruan Yulin) The China Federation of Logistics and Purchasing released data on the 6th showing that in December 2021, the Asian Manufacturing Purchasing Managers Index (PMI) dropped slightly by 0.2 percentage points from the previous month. Remaining at 52%, indicating that the growth rate of Asian manufacturing is stable and still maintaining a good recovery trend.

  Among the major countries, China's manufacturing PMI increased for two consecutive times, laying the foundation for the stability of the Asian economy.

In other major countries, the fluctuation range is not large, and the manufacturing industry tends to stabilize.

In 2021, the average PMI of Asian manufacturing is 51.7%, which is higher than the level of the same period in 2020 and 2019, indicating that Asian manufacturing is recovering well.

Affected by the epidemic in major Southeast Asian countries, the growth rate of Asian manufacturing slowed slightly in the second half of the year.

  In 2022, the Asian economy is still expected to continue its stable recovery trend.

As the world's major manufacturing production base, Asia still has strong growth resilience, and will become an important leading force in technological innovation and manufacturing transformation and upgrading.

  According to the analysis, the report issued by the Institute of International Trade and Economic Cooperation of the Ministry of Commerce of China shows that the Asian region has become the main inflow of foreign direct investment in the world.

The inflationary pressures of emerging market countries represented by China are lower than those of European and American countries, and the inflation trend is relatively moderate.

The "Regional Comprehensive Economic Partnership Agreement" (RCEP) officially came into effect, marking a major step forward in the process of Asian economic integration, which is of great significance for promoting investment and trade facilitation in Asia, strengthening regional cooperation in Asia, and enhancing the overall strength of Asia .

  In December 2021, the global manufacturing PMI fell by 0.8 percentage points from the previous month to 55.3%, indicating that the global manufacturing growth rate has slowed down from the previous month.

(Finish)

Keywords: