The manufacturing purchasing managers index returns to the expansion range, and non-manufacturing expansion accelerates

CCTV News

(News Network): The China Federation of Logistics and Purchasing and the Service Industry Survey Center of the National Bureau of Statistics announced today (March 31) the China Purchasing Managers Index for March. The manufacturing purchasing managers index returned to the expansion range, the prosperity level improved significantly, and the non-manufacturing industry continued to accelerate its expansion.

　　50.8%! After running below 50% for five consecutive months, China's manufacturing purchasing managers' index increased by 1.7 percentage points from the previous month in March, returning to the expansion range. Among the 21 industries surveyed, 15 are in the expansion zone, 10 more than last month, and the manufacturing boom has significantly expanded.

　　In March, as companies accelerated their resumption of work and production, market activity increased, and the new kinetic energy sector of the manufacturing industry grew rapidly. The purchasing managers' indices for high-tech manufacturing and equipment manufacturing were 53.9% and 51.6% respectively, up 3.1 and 2.1 percentage points respectively from the previous month.

　　From the perspective of enterprise types, the production and operation conditions of enterprises of different sizes have improved. The purchasing managers index of large, medium and small enterprises are all in the expansion range, especially small enterprises, which have risen to the expansion range for the first time in the past 12 months.

　　With the steady implementation of policies to stabilize the economy, expand domestic demand, and stabilize foreign trade, both indices reflecting market demand have rebounded significantly. In particular, the new export orders index has returned to expansion after running below 50% for 11 consecutive months. interval.

　　In addition, from the perspective of non-manufacturing, the non-manufacturing business activity index was 53% in March, and the non-manufacturing business boom level continued to rebound. From an industry perspective, service industries such as wholesale, railway transportation, and monetary and financial services that are closely related to corporate production have relatively active operating activities, and their total business volume has grown rapidly. (CCTV.com)