Interpretation: In August, the manufacturing procurement manager index has recovered the non -manufacturing business activity index continuously expanding

China Economic Net, Beijing, August 31. Today, the National Bureau of Statistics and China Logistics and Procurement Federation released the China Purchasing Manager Index. In this regard, Zhao Qinghe, a senior statistician of the Service Industry Investigation Center of the National Bureau of Statistics, interpreted.

In August, the manufacturing procurement manager index was 49.4%, an increase of 0.4 percentage points from the previous month; non -manufacturing business activity index and comprehensive PMI output index were 52.6%and 51.7%, respectively, decreased by 1.2 and 0.8 percentage points from the previous month. Continue in the expansion range. Generally speaking, in the face of unfavorable factors such as epidemics and high temperatures, all regions and departments conscientiously implement the decision -making and deployment of the Party Central Committee and the State Council, and the enterprises have actively responded. my country's economy continues to resume the development trend.

1. Manufacturing procurement manager index has picked up

In August, the manufacturing PMI rose to 49.4%. Among the 21 industries surveyed, 12 industries PMI increased from the previous month, and most of the industry's prosperity level improved.

(1) The production index is flat and one liter. The production index was 49.8%, which was the same as last month. The new order index was 49.2%, which was higher than 0.7 percentage points last month. Both index continued in the contraction range, indicating that the recovery of manufacturing production needs to be strengthened. From the perspective of the industry, driven by factors such as the Mid -Autumn Festival, the two indexes of agricultural and sideline food processing, food, and wine and beverage refined tea have risen to more than 55.0%of the high prosperity range. Recent market demand has been accelerated and enterprises are actively prepared; The two indexes of chemical raw materials and chemical products, non -metal mineral products and other industries are less than 45.0%, and enterprises have declined significantly.

(2) Low price index rose. The purchase price index and the factory price index of the main raw materials were 44.3%and 44.5%, respectively, an increase of 3.9 and 4.4 percentage points from the previous month. The overall level of the manufacturing market price was narrowed. The survey results show that the proportion of enterprises that reflect the high cost of raw materials this month accounted for 48.4%, a decrease of 2.4 percentage points from the previous month. The first time in the year was less than 50.0%, and the cost pressure of the corporate cost was relieved.

(3) PMIs of large and medium -sized enterprises have picked up. Large -scale enterprise PMI was 50.5%, an increase of 0.7 percentage points from last month, and rose to the expansion range. The PMI of the medium -sized enterprise was 48.9%, an increase of 0.4 percentage points from the previous month, and the level of prosperity was improved. The PMI of small enterprises was 47.6%, a decrease of 0.3 percentage points from the previous month. The level of prosperity continued to decline, and the production and operation pressure of small enterprises was high.

(4) Some key industries have maintained expansion. With the implementation of various consumer policies and measures, the PMI of the consumer goods industry rose to 52.3%, which was 0.9 percentage points higher than last month. The PMIs of the equipment manufacturing and high -tech manufacturing industries were 50.9%and 50.6%, respectively, below 0.3 and 0.9 percentage points below the last month, and they were still higher than the critical point. The industry maintained expansion, but the pace slowed down.

2. Non -manufacturing business activity index remains expanding

In August, the non -manufacturing business activity index was 52.6%, a decrease of 1.2 percentage points from the previous month. It is still higher than the critical point. Non -manufacturing has maintained recovery expansion for three consecutive months.

(1) The resumption of the service industry has slowed down. In August, affected by factors such as the epidemic and high temperature weather, the service industry's business activity index fell to 51.9%, which was 0.9 percentage points from the previous month, which was still higher than the critical point, and the pace of expansion of the service industry slowed down. From the perspective of industry conditions, accommodation, catering, telecommunications, radio and television and satellite transmission services, monetary financial services and other industries such as business activities are all higher than 55.0%, and the total business of related industries has maintained a rapid increase. At the same time, the business activities index of real estate, leasing and business services, and residential services continue to be located in the contraction range, and the industry's market activity declines. From the market expectations, the business activity expectations index is 57.6%, which is below 1.2 percentage points last month. It is still in a high boom range. Among them, retail, railway transportation, postal, Internet software and information technology services, monetary financial services and other industries The expected index is located in a high boom range above 60.0%, and the company's expectations are more optimistic.

(2) The construction industry has maintained rapid expansion. The business activity index of the construction industry was 56.5%, which was lower than 2.7 percentage points last month. It is still located in the high boom range. The construction industry production activities continue to expand. From the perspective of industry conditions, the business activity index of civil engineering construction industry is 57.1%, and the new order index and business activities expectation index rose to 55.5%and 64.1%, respectively, indicating that the construction of infrastructure projects maintains a faster construction process, and market demand continues to rise. It is better for recent development expectations.

3. Comprehensive PMI output index expanded for three consecutive months

In August, the integrated PMI output index was 51.7%, which was lower than 0.8 percentage points last month, indicating that the overall recovery of the production and operation activities of Chinese enterprises in my country, but the expansion intensity weakened. The manufacturing production index and non -manufacturing business activity index that constitute the comprehensive PMI output index were 49.8%and 52.6%, respectively.

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