China's August PMI increased slightly, an increase of 0.4 percentage points from July

[Global Times Reporter Zhao Juezhen] China National Bureau of Statistics and China Logistics and Procurement Federation released the procurement manager index on August 31. Among them, the manufacturing procurement manager index (PMI) was 49.4%, an increase of 0.4 percentage points from July.

Data show that although the PMI is still less than 50%in August, it has improved relative to July, showing that the level of manufacturing prosperity has rebounded. Among the 21 industries surveyed, 12 industries have increased PMI from July, and most of the industry has improved. Agence France -Presse reported on August 31 that the sporadic pneumonia epidemic in China has an impact on the enthusiasm of consumers, and this summer's high -temperature weather has also caused factories in some areas to interrupt production due to electricity restrictions.

Feng Mohan, a macroeconomic researcher at Beijing Fushengde Consultation, told the Global Times reporter that PMI rose 0.4%from the previous month in August. This number compared to the same period in previous years, it reflects the effect of a series of stable growth policies and the support of foreign trade needs Essence Zhang Liqun, a special analyst of the China Logistics and Purchasing Federation, believes that the improvement of the PMI index in August shows that the power to support the rise of the economy has begun to become stronger, but the index level is still below the glory line, indicating that the downward pressure on the long -term accumulation of economic economic downlink is still not undervalued. The difficulties faced by enterprises are still underestimated.

Zhao Qinghe, a senior statistician of the Service Industry Survey Center of the National Bureau of Statistics, said that the manufacturing procurement manager index has rebounded. Generally speaking, in the face of adverse factors such as epidemic and high temperature, departments in various regions conscientiously implement the decision -making and deployment of the Party Central Committee and the State Council. , Enterprises actively responded that China's economy continued to resume development.

The National Bureau of Statistics also announced the non -manufacturing business activity index on the day. The index was 52.6%in August, a decrease of 1.2 percentage points from July, which is still higher than the critical point. Non -manufacturing has maintained a recovery expansion for three consecutive months. Feng Mohan believes that the non -manufacturing business activity index is still influenced by the domestic epidemic, and the degree of recovery is not ideal. On the whole, although the domestic economy showed signs and signals in August, it still faced downward pressure.

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