The China Federation of Logistics and Purchasing announced today (6th) the global manufacturing purchasing managers index for March. In March, the global manufacturing purchasing managers' index returned to the expansion range of more than 50%, indicating that the global economy is rising steadily.
The global manufacturing purchasing managers' index in March was 50.3%, an increase of 1.2 percentage points from the previous month, ending 17 consecutive months of running below 50% and returning to the expansion range. In the first quarter, the average global manufacturing purchasing managers index was 49.6%, higher than the average level of 47.9% in the fourth quarter of last year. The overall recovery trend was better than that in the fourth quarter of last year.
Xu Hongcai, deputy director of the Economic Policy Committee of the China Policy Science Research Society: The global manufacturing purchasing managers' index in March showed a strong rebound as a whole. This development momentum is generally consistent with the recent prediction of the United Nations Conference on Trade and Development that global trade will recover in the first quarter. . This is reflected in the fact that the new orders index, production index, and foreign trade orders in the Purchasing Managers Index have increased significantly, reflecting that the total demand of the world economy has begun to pick up.
Analysts believe that the manufacturing industries in China and the United States accelerated their recovery in March, contributing to the steady upward trend of the global economy. In terms of regions, Asia's manufacturing industry continues to rise steadily, with the manufacturing purchasing managers' index rising to above 51%; the recovery of manufacturing in the Americas has increased compared with the previous month, with the manufacturing purchasing managers' index rising to above 50%; European manufacturing The recovery trend is stable but weak. The manufacturing purchasing managers' index increased slightly from last month, but is still below 50%. The African manufacturing purchasing managers' index fell from last month and was below 50%.
Experts said that whether the global economic recovery can continue to recover rapidly in the second quarter depends on the recovery strength of global market demand and the extent to which the adverse factors affecting global trade are alleviated. Judging from the current situation, geopolitical conflicts and trade restrictions are all adverse factors that interfere with global economic recovery.
Xu Hongcai, deputy director of the Economic Policy Committee of the China Policy Science Research Society: In order to further consolidate the good momentum of world economic recovery, countries should strengthen macroeconomic policy coordination, strengthen economic and trade cooperation, reduce man-made obstacles, and promote smooth logistics. , industrial chain collaboration, and more importantly, to promote innovative cooperation.
(CCTV reporter Wang Shantao)