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Non manufacturing business activity index hit the
Published:1/4/2016 5:11:53 PMViews: 580
Recently released by the National Bureau of statistics data show that in December 2015, China Manufacturing Purchasing Managers Index (PMI) was 49.7%, higher than the November 0.1 percentage points.
Enterprise scale, large enterprises PMI was 50.9%,, although the chain fell 0.3 percentage points, but continue to keep expanding trend; medium PMI was 49.6%, annulus comparing rose 1.3 percentage points, is still in the critical point; small business PMI was 44.9%, mom edged up 0.1 percent, continued in the contraction interval.
In five categories manufacturing PMI index, production index, new orders index and supplier delivery time index is higher than the critical point, the employment index and raw materials inventory index below the critical point.
Among them, the production index was 52.2%, an increase of 0.3 percentage points higher than the critical point, indicating that manufacturing production growth has accelerated; the new orders index was 50.2%, an increase of 0.4 percentage points, back above the critical point, indicating that the manufacturing sector rebound in market demand; practitioners index was 47.4%, down 0.2 percentage points, to below the critical point, indicating that manufacturing enterprise employment was reduced; the raw material inventory index was 47.6%, a rise of 0.5 percentage points, is still located below the critical point, that narrowed manufacturing main raw material inventory decline; supplier delivery time index was 50.7%, higher than the critical point, indicating that manufacturing raw materials suppliers, faster delivery time.
In addition, according to statistics, in December 2015 China's non manufacturing business activity index was 54.4%, rose by 0.8 percentage points, rising to a high point since 2015, expansion force is strong.
In terms of industries, services business activity index was 53.7%, an increase of 0.9 percentage points, two consecutive months of recovery. The index of business activity in the retail industry, telecommunications, radio and television and satellite transmission services, Internet services and software, information technology, handling and warehousing, postal services, financial services and other industries were significantly higher than those of the critical point, the amount of corporate business is growing rapidly. Construction business activity index was 58.3%, an increase of 0.2 percentage points, production continued to maintain rapid growth.
Specifically, the new orders index was 51.7%, an increase of 1.5 percentage points, indicating that non manufacturing market demand growth. Investment goods price index was 49.0%, annulus comparing fell 0.3 percentage points, showed that the non manufacturing enterprises for production operation inputs to the overall level of prices continued to decline. Sales price index was 48.2%, annulus comparing rose 0.5 percentage points, but still below the critical point is located, indicating that the overall level of non manufacturing sales price continued to fall, but the decline narrowed. The employment index for 48.9%, mom picked up by 0.5 percentage points, showed that the amount of non manufacturing enterprises and employment continued to decline, but the decline narrowed.