China News Service, Beijing, June 30 (Reporter Wang Enbo) The National Bureau of Statistics of China announced on June 30 that in June, China's manufacturing Purchasing Managers Index (PMI) was 50.2%, an increase of 0.6 percentage points from the previous month. After a month of contraction, it returned to the expansion zone, and the manufacturing industry resumed expansion.
Zhao Qinghe, senior statistician of the Service Industry Survey Center of the National Bureau of Statistics, said that in June, 13 of the 21 industries surveyed were in the expansion range. The manufacturing boom continued to expand and positive factors continued to accumulate.
With the continuous progress of resumption of work and production, the production and demand that were suppressed in the early stage of enterprises have been released at a faster pace. The production index and new order index were 52.8% and 50.4%, respectively, 3.1 and 2.2 percentage points higher than the previous month, and both rose to the expansion range.
At the same time, policies and measures such as logistics guarantee and smooth flow have been effective. The supplier delivery time index was 51.3%, 7.2 percentage points higher than the previous month. The supplier delivery time was significantly faster than the previous month, which effectively guaranteed the production and operation of enterprises.
From the perspective of specific industries, the PMIs of high-tech manufacturing and equipment manufacturing were 52.8% and 52.2%, respectively, 2.3 and 3.3 percentage points higher than the previous month, and the recovery accelerated.
The PMI of the consumer goods industry was 50.9%, 0.7 percentage points higher than the previous month, and continued to recover.
Business expectations have also improved.
The production and operation activity expectation index was 55.2%, 1.3 percentage points higher than the previous month, and rose to a nearly 3-month high, and business confidence continued to recover.
However, Zhao Qinghe reminded that although the manufacturing industry continued to recover this month, 49.3% of enterprises still reported insufficient orders, and weak market demand was still the main problem facing the manufacturing industry.
At the same time, the ex-factory price index fell to 46.3%, staying in the contraction range for two consecutive months. The profit margins of some companies were squeezed to a certain extent, and the operating pressure was relatively large.
The data disclosed on the same day also showed that in June, the non-manufacturing business activity index was 54.7%, which was 6.9 percentage points higher than the previous month, and rebounded significantly for two consecutive months.
Among them, the service industry business activity index rose to 54.3% from the low base level in April and May, 7.2 percentage points higher than the previous month, returning to the expansion range.
Among the 21 industries surveyed, the business activity index in the expansion range increased from 6 in the previous month to 19, and the prosperity of the service industry expanded significantly.