The hottest PMI of China's manufacturing industry

In July 2015, China's manufacturing PMI was 50.0%, the economy was stable and the fundamentals remained unchanged

in July 2015, China's manufacturing PMI was 50.0%, the economy was stable and the fundamentals remained unchanged

China Construction machinery information

in July 2015, China's manufacturing PMI was 50.0%

the China Federation of logistics and purchasing and the service industry survey center of the National Bureau of statistics issued the China Manufacturing Purchasing Manager Index (PMI) in July 2015 was 50.0%, Down 0.2 percentage points from last month. From the 12 sub indexes, compared with the previous month, the expected index of supplier delivery time and production and operation activities increased slightly; If production, new orders and exports are on the contrary, replace any two connected positions, backlog orders, purchase volume, import, purchase price, raw material inventory and employee index decreased slightly. Among them, the purchase price index fell significantly, down 2.6 percentage points

special analyst zhangliqun believes: "In July, the PMI index decreased slightly, but it is still on the 50% boom and bust line, indicating that the overall economic growth in the future is still stabilizing, but the foundation for stability is not consolidated enough. In July, the order indexes in PMI decreased slightly, indicating that the domestic and foreign market demand level is still not stable; although the finished product inventory index decreased slightly, the purchase volume index, raw material inventory index, import index, etc. decreased slightly, reflecting the lack of confidence of enterprises and the survival of going out of stock." The movement is still possible. In view of the performance of PMI index, we should pay close attention to the implementation of various policies and measures to stabilize growth and strive to improve the effect of policies. "

the production index was 52.4%, down 0.5 percentage points from the previous month. In terms of enterprise size, the production index of large and medium-sized enterprises is higher than 50%, and the index is 53.4% and 52.9% respectively; Small enterprises are less than 50%, and the index is 46.8%

the new order index was 49.9%, down 0.2 percentage points from the previous month. In terms of enterprise size, the new order index of large enterprises is higher than 50%, and the index is 51%; Medium sized enterprises and small enterprises are less than 50%, and the index is divided into 49.7% and 45.3% respectively

the new export order index was 47.9%, down 0.3 percentage points from the previous month. From the perspective of enterprise size, the new export order index of large enterprises, medium-sized enterprises and small enterprises is lower than 50%, and the index is 48.2%, 47.8% and 44.1% respectively

the backlog order index was 44.0%, down 0.6 percentage points from the previous month. From the perspective of enterprise size, the backlog order index of large enterprises, medium-sized enterprises and small enterprises is lower than 50%, and the index is 45.1%, 42.6% and 41.7% respectively

especially large two plate injection molding machines, the inventory index of finished products monopolized by a few European and Japanese brands was 47.4%, down 0.3 percentage points from last month. In terms of enterprise size, the finished product inventory index of large enterprises, medium-sized enterprises and small enterprises are all lower than 50%, and the indexes are 48.1%, 47.9% and 43.3% respectively

the purchase volume index was 50.3%, down 0.6 percentage points from the previous month. In terms of enterprise size, the purchase volume index of large and medium-sized enterprises is higher than 50%, 51.3% and 50.4% respectively; Small enterprises are less than 50%, accounting for 45.4%

the import index was 47.8%, down 0.2 percentage points from the previous month. In terms of enterprise size, the import indexes of large enterprises, medium-sized enterprises and small enterprises are all lower than 50%, and the indexes are 47.9%, 47.3% and 48.2% respectively

the purchase price index was 44.7%, down 2.6 percentage points from the previous month. In terms of enterprise size, the purchase price indexes of large enterprises, medium-sized enterprises and small enterprises are all lower than 50%, and the indexes are 43.5%, 45.6% and 48.4% respectively

raw material inventory index was 48.4%, down 0.3 percentage points from the previous month. From the perspective of enterprise size, the raw material inventory index of large enterprises, medium-sized enterprises and small enterprises is lower than 50%, and the index is 48.3%, 48.4% and 48.8% respectively

the employee index was 48.0%, down 0.1 percentage points from the previous month. In terms of enterprise size, the employee index of large, medium-sized and small enterprises is lower than 50%, and the index is 48.6%, 47.5% and 46.5% respectively

the supplier delivery time index was 50.4%, up 0.1 percentage points from the previous month. In terms of enterprise size, the supplier delivery time index of large, medium and small enterprises is higher than 50%, which is 50.5%, 50.1% and 50.4% respectively

the expected index of production and operation activities was 52.9%, up 0.7 percentage points from the previous month. In terms of enterprise size, the expected index of production and operation activities of large and medium-sized enterprises is higher than 50%, and the index is 53.4% and 53.8% respectively; Small enterprises are less than 50%, and the index is 48.7%

the PMI in July showed that the economy was stable and good, and the fundamentals remained unchanged

the purchasing managers' index (PMI) of China's manufacturing industry in July 2015 released by the China Federation of logistics and purchasing and the service industry survey center of the National Bureau of statistics was 50%, down 0.2 percentage points from the previous month. Production, orders and other major sub indexes also fell. The data fell slightly, which is the normal fluctuation of the index, which is mainly affected by short-term factors such as high temperature and rainy weather. However, on the whole, business expectations are good, employment is relatively stable, and the fundamentals of stable and good economy have not changed. Basically stable, the situation remains unchanged. The production index fell slightly, but remained at a high level. According to our investigation, due to the high temperature and rainy weather, the maintenance of enterprises increased, and the production and operation activities slowed down. Enterprises' expectations are good, and the expected index of production and business activities rises. The business activities of large and medium-sized enterprises maintained an upward trend, and their PMI index fell due to the off-season, but remained above 50%. Employment is basically stable, and the number of employees remains at a normal level. According to the survey, the employees of enterprises have made progress and kept a normal flow, with little overall change

structural changes continue to improve. The high-tech industry has maintained rapid development, and the PMI index is at a high level, nearly 5 percentage points higher than the overall level of the manufacturing industry. The high energy consumption industry continues to slow down, and the PMI index is below 50%. The consumer goods industry grew steadily, and the PMI index remained above 50%, 1 percentage point higher than the overall level of the manufacturing industry. The overall development momentum of the equipment manufacturing industry is good, but the index has fallen due to the decline in exports. From this point of view, the economic structure changes continue to improve, and the effects of innovation driven, energy conservation and consumption reduction, quality improvement and efficiency increase are remarkable

there is a foundation for maintaining stability and improvement. There is great potential for domestic demand growth, and the consumer goods industry has maintained steady and rapid growth. Focusing on stabilizing investment and expanding demand, the country has launched nearly trillion scale infrastructure projects one after another, and there is much room for demand to be released. The effect of policy measures will still be further apparent. Since this year, the state has successively introduced a series of policies and measures to focus on steady growth. The monetary policy has reduced interest rates and reserve requirements, which tends to be moderately loose; Fiscal policy focuses on revitalizing the stock capital, improving efficiency and becoming more active; Industrial policies pay attention to the guiding role of planning, actively guide the transformation and upgrading of traditional industries, and promote the accelerated growth of emerging industries; The trade policy focuses on promoting the steady growth of import and export, and the measures are highly targeted; The reform policy focuses on streamlining administration and delegating power, stimulating market vitality, and continuously increasing efforts. At present, we are paying close attention to the implementation of the policies and measures that have been issued, and it is worth looking forward to the full display of the policy effects. On the whole, there is a foundation for the economy to remain stable and sound in the second half of the year

macro regulation should strengthen directional regulation on the basis of interval regulation. From the perspective of PMI index, the trend is weak, mainly because the new order index reflecting demand is not strong, and enterprises also reflect that there are insufficient orders and it is difficult to improve efficiency, reflecting that the current steady-state trend of the economy is still unstable and the downward pressure is still large. Under the current situation, macro-control should not only maintain strategic concentration and persevere in promoting the strategic adjustment of economic structure; We should also establish the awareness of risk management and control of experts in the field of new materials in the province. By 2017, we should strengthen targeted regulation on the basis of interval regulation, carry out pre adjustment and fine-tuning in time, pay attention to coping with the downward pressure of the economy, pay attention to preventing and resolving systemic risks, and maintain the economic operation in a reasonable range