China News Service, November 30. According to the website of the National Bureau of Statistics, the Service Industry Survey Center of the National Bureau of Statistics and the China Federation of Logistics and Purchasing released the China Purchasing Manager Index on November 30.
In this regard, Zhao Qinghe, a senior statistician at the Service Industry Survey Center of the National Bureau of Statistics, explained.
In November, the manufacturing purchasing managers index was 50.1%, an increase of 0.9% from the previous month; the non-manufacturing business activity index was 52.3%, a slight decrease of 0.1% from the previous month; the composite PMI output index was 52.2%, an increase of The monthly increase of 1.4 percentage points, and the three major indexes are all in the expansion range, indicating that the overall economic prosperity of my country has rebounded.
1. Manufacturing Purchasing Managers' Index rebounded significantly
A series of policies and measures introduced recently to strengthen energy supply guarantees and stabilize market prices have shown results. In November, the shortage of power supply eased, the prices of some raw materials dropped significantly, and the manufacturing PMI returned to the expansion range, indicating that manufacturing production and operation activities have Speeded up, and the level of prosperity improved.
From the perspective of industry conditions, among the 21 industries surveyed, 12 were above the threshold, an increase of 3 over the previous month, and the boom in the manufacturing industry has expanded.
Main features of this month:
First, both ends of supply and demand have rebounded.
The production index was 52.0%, an increase of 3.6 percentage points from the previous month, and rose to an expansion range. Recently, the power supply capacity has continued to increase, and the release of manufacturing capacity has accelerated.
Among them, the production index of papermaking and printing, railway, ship, aerospace equipment, electrical machinery equipment and other industries is higher than 56.0%, and the industry's production activities have accelerated significantly.
The new order index was 49.4%, an increase of 0.6 percentage point from the previous month, indicating that the demand side of the manufacturing industry has improved compared with the previous month.
Among them, agricultural and sideline food processing, food and alcoholic beverage refined tea and other industries have entered the traditional peak season, and the new order index has risen to a relatively high boom range of more than 55.0%; but wood processing and furniture, chemical raw materials and chemical products, ferrous metal smelting and rolling processing And other industries are in the low range below 43.0%, and the industry market demand is weak.
Second, the price index fell sharply.
The purchase price index and ex-factory price index of major raw materials were 52.9% and 48.9% respectively, significantly lower than last month's 19.2 and 12.2 percentage points. The ex-factory price index fell below the critical point, indicating the recent implementation of policies such as "guaranteed supply and stable prices" Efforts have continued to increase, and the momentum of rapid price increases has been curbed.
From the perspective of the industry, the two price indices of chemical raw materials and chemical products, ferrous metal smelting and rolling processing, non-ferrous metal smelting and rolling processing industries have fallen significantly, and have fallen below the critical point, indicating the purchase price of some basic raw material production industries. And the sales price of products has dropped significantly.
Third, the import and export index continued to rise.
Affected by factors such as the continued recovery of the world economy and the approaching Christmas consumption season abroad, the foreign trade boom continued to improve last month. The new export order index and import index were 48.5% and 48.1%, respectively, up 1.9 and 0.6 percentage points from the previous month.
From the perspective of the industry, the new export order index of the pharmaceutical, automobile, electrical machinery and equipment industries was higher than last month by more than 3.0 percentage points, rising to the expansion range, and the industry's export product order volume has increased.
Fourth, the prosperity of small and medium-sized enterprises has improved.
The PMI of large enterprises was 50.2%, staying above the critical point, basically the same as last month.
The PMI of medium-sized enterprises was 51.2%, ending the two-month contraction trend and rising above the critical point. The production index and the new order index are both in the expansion range, reflecting the recent rebound in production and demand of medium-sized enterprises.
The PMI of small businesses was 48.5%, an increase of 1.0 percentage point from the previous month, and the prosperity of small businesses has improved.
Fifth, the PMI of key industries has rebounded to varying degrees.
The PMI of the high-tech manufacturing, equipment manufacturing, and consumer goods industries were 53.2%, 51.7%, and 51.4%, respectively, up 1.2, 0.5, and 1.7 percentage points from the previous month, and industry expansion has accelerated.
The PMI of high-energy-consuming industries was 47.4%, a slight increase of 0.2 percentage points from the previous month, and it was still in the contraction range.
2. The non-manufacturing business activity index keeps expanding for three consecutive months
In November, the non-manufacturing business activity index was 52.3%, a slight decrease of 0.1 percentage point from the previous month, and continued to be higher than the threshold. The non-manufacturing industry as a whole remained stable and recovered.
The business climate of the service industry has fallen.
This round of multiple epidemics spread to more regions, and some industries were greatly affected. The business activity index of the service industry was 51.1%, a decrease of 0.5 percentage points from the previous month, and the overall recovery of the service industry has slowed down.
From the perspective of the industry, the business activity index of the producer service industry, which is closely related to manufacturing activities, is in the high-prosperity range of more than 55.0%. The total business volume of information services, financial services, business services and other industries has increased rapidly; and contact consumption The closely related business activity index of the life service industry fell below the critical point. Among them, the business activity index of the accommodation, ecological protection and environmental governance, culture, sports and entertainment industries all fell sharply to 46.0% and below, and the market activity dropped significantly.
In terms of market expectations, the business activity expectations index is 58.2%, which continues to be in a relatively high business range, indicating that most companies have generally stable confidence in the recent service industry market recovery.
Expansion of the construction industry accelerated.
The construction business activity index and the new order index were 59.1% and 54.2%, respectively, up 2.2 and 1.9 percentage points from the previous month. The construction industry production and market demand both accelerated the expansion.
From the perspective of the industry, the commercial activity index and the new order index of the civil engineering and construction industry were 60.5% and 56.5%, respectively, up 5.4 and 0.5 percentage points from the previous month, indicating that as some major projects in the 14th Five-Year Plan are gradually implemented, the basic The progress of facility construction has accelerated.
3. The comprehensive PMI output index continues to expand
In November, the comprehensive PMI output index was 52.2%, an increase of 1.4 percentage points from the previous month, indicating that the overall expansion of the production and operation activities of Chinese enterprises has accelerated.
The manufacturing production index and non-manufacturing business activity index that make up the comprehensive PMI output index are 52.0% and 52.3%, respectively.