China'S Manufacturing Purchasing Managers Index (PMI) In July Was 51.1%

China manufacturing performance index

The purchasing index of China's manufacturing industry rose by more than 5.5% in the previous month, ranking at the critical point of China's manufacturing industry.

In terms of the PMI of small enterprises, it was up and down by 48.0% from the previous month to the PMI of medium-sized enterprises, which was 48.0% higher than that of the last month, which was lower than that of the small enterprises.

From the perspective of sub index, among the five sub indexes of manufacturing PMI, production index, new order index and supplier delivery time index are higher than the critical point, while raw material inventory index and employee index are lower than the critical point.

0% month on month, indicating a continuous increase of 1.0% month on month.

The index of new orders was 51.7%, up 0.3 percentage points over the previous month, rising for three consecutive months, indicating that the manufacturing market demand has gradually recovered.

The inventory index of raw materials was 47.9%, up 0.3% from the previous month, indicating that the decline in inventory of major raw materials in the manufacturing industry continued to narrow.

The employment index was 49.3%, up 0.2% from the previous month, indicating a slight improvement in the employment situation of manufacturing enterprises.

The supplier delivery time index was 50.4%, which was 0.1% lower than the previous month, but it was still above the critical point, indicating that the delivery time of raw material suppliers in the manufacturing industry continued to accelerate.