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    The Manufacturing Sector Is Growing At &Nbsp, And The Textile Industry'S New Orders Index Is Low.

    2010/8/3 20:09:00 39

    Fall Back

      

    Recently, the state

    Statistics

    Bureau website announced July

    China

    The manufacturing purchasing managers index continued to fall.

    In July 2010, the purchasing managers index of China's manufacturing industry was 51.2%, down from 0.9 percentage points last month.

    The index has been running for three consecutive months.

    Fall back

    But still at the critical point - more than 50%.

    It shows that the manufacturing economy is growing at an overall level, but the growth rate is slowing down.


    In July 2010, among the 5 classification indices of PMI in manufacturing industry, there were different degrees of decline except the employees' index.


    The production index was 52.7%, down from 3.1 percentage points last month, falling for the three consecutive month, the lowest since March 2009, but still above the critical point, indicating that the growth rate of manufacturing production slowed down.

    Judging from the industry situation, production of textile, clothing, shoes and caps, fur and feather products, metal products and general equipment manufacturing industry has maintained a steady growth trend; pportation equipment manufacturing industry, tobacco products industry, chemical fiber manufacturing and rubber and plastic products industries have dropped to below the critical point, and the output of enterprises has dropped to varying degrees from last month. Recently, the state has intensified the work of energy conservation and emission reduction, and has inhibited the excessive growth of high energy consuming industries. The survey shows that the production volume of non-ferrous metal smelting and calendering processing industry, ferrous metal smelting and rolling processing industry and other high energy consuming industries has dropped sharply for two consecutive months.

    According to the regional perspective, the production index in the eastern and central regions has dropped somewhat, but has continued to be above the critical point; the western region's production index has dropped more than 10 percentage points, and has fallen below the critical point.


    The new order index was 50.9%, down 1.2 percentage points from last month, and declined for three consecutive months, indicating that the growth of manufacturing market demand slowed down significantly.

    According to the industry, new orders for industries such as agricultural and sideline food processing and food manufacturing, electrical machinery and equipment manufacturing industry kept increasing; new orders index of chemical fiber manufacturing and rubber and plastic products, pportation and equipment manufacturing, textile and pharmaceutical manufacturing fell below the critical point, and the decline was obvious. Transportation equipment manufacturing industry dropped to its lowest level since January 2009. The new orders index of ferrous metal smelting and calendering processing, wood processing, bamboo, rattan, brown grass products and furniture manufacturing industry continued to be below the critical point for three consecutive months.

    The survey shows that the export orders index is 51.2%, slightly lower than last month, indicating that the volume of manufacturing export orders has slowed down due to the recent slowdown in the US economy and the European debt crisis.


    The stock index of major raw materials was 47.8%, down 1.6 percentage points from last month, and for two consecutive months at the critical point, indicating that the stock of main raw materials continued to decrease due to the slow growth of market demand and the instability of raw material prices.

    Judging from the industry situation, the main raw materials inventory of electrical machinery and equipment manufacturing, pportation and equipment manufacturing, ferrous metal smelting and calendering processing, and paper making industry has been falling continuously; the stock index of raw materials in oil processing and coking processing industry, chemical raw materials and chemical products manufacturing industry has dropped to below the critical point.


    The employment index was 52.2%, higher than the 1.6 percentage point of last month, and placed above the critical point for five consecutive months.

    From the perspective of the industry, the employment of metal products, wood processing, bamboo, rattan, brown and grass products and furniture manufacturing, textile and footwear manufacturing, feather and down products, and general equipment manufacturing industry increased significantly.


    The supplier delivery time index was 49.9%, located near the critical point, indicating that the delivery time of manufacturing material suppliers did not change significantly compared with the previous month.


    The survey showed that the purchasing price index of the major raw materials was 50.4%, down from 0.9 percentage points last month, the lowest point since April 2009, indicating that the regulation measures to curb inflation have been effective, and the pressure on the cost of raw material procurement has eased.

    According to the industry, the purchase price of raw materials for chemical fiber manufacturing and rubber and plastic products has been declining for three consecutive months due to the low impact of international crude oil prices. The main purchase prices of raw materials, such as petroleum processing and coking processing industry, ferrous metal smelting and calendering processing industry, metal products industry, pportation equipment manufacturing industry, and general equipment manufacturing industry, have dropped for two consecutive months.


    In the textile industry, agricultural and sideline food processing, food manufacturing and pharmaceutical manufacturing industries, the purchasing price index of major raw materials is still at a high level of 60%, and the purchasing prices of major raw materials continue to rise.

    The survey also showed that the import index was 49.3%, below the critical point, indicating that the import volume of major raw materials decreased after the three month slowdown in manufacturing imports, and the domestic market demand weakened.

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