In May, China's Manufacturing PMI Dropped To 52%.

A report released by the National Bureau of statistics and China logistics and purchasing Federation on 1 May showed that in May, China

"The overall economic growth of China's manufacturing industry is still growing, but the growth rate is slowing down."

Report analysis pointed out.

Judging from the situation since March 2009, China's manufacturing PMI has been expanding for more than 50% months in a row for 27 consecutive months. From this year's situation, the PMI of manufacturing industry continued to decline slightly except for March.

In May, five sub indices of manufacturing PMI fell.

Among them, the production index is 54.9%, down 0.4 percentage points from last month; the new order index is 52.1%, down 1.7 percentage points, to the lowest level since August 2010; the stock index of main raw materials is 49.5%, down 2.5 percentage points, lower than the critical point.

At the same time, the purchasing price of main raw materials in manufacturing industry is still at a high level, and the cost of production is still high.

According to the analysis of China Logistics Information Center, from the perspective of manufacturing PMI, the current economic development shows a stable and moderate basic pattern.

It is necessary to prevent the demand growth from falling too fast, resulting in insufficient economic growth momentum.

Some enterprises reflect not only the pressure of funds, but also the water, coal, electricity, oil and pportation.