China's manufacturing industry expanded for 20 consecutive months

The latest PMI data were released in October by 0.9% to 54.7% (reporter Lishiang Wangjin rain) morning, China Logistics and Purchasing Association released the October China Manufacturing Purchasing Manager index (PMI).　　Statistics show that in October China PMI was 54.7%, up 0.9% from September, which shows that the current economic development momentum of our country is further consolidated and the future economic development will show a steady and rapid trend.　　British media reported that the official PMI released by the China Federation of Logistics and Procurement since March 2009, has remained above 50% for 20 consecutive months, which shows that China's economic stability towards a good trend to further establish.　　The manufacturing PMI is a composite index, with PMI greater than 50%, indicating a manufacturing expansion, and a small 50%, indicating a shrinking manufacturing sector.　　According to the October survey of manufacturing purchasing managers, industry analyst Zhang Liqun analysis that the October PMI index continued to rise, indicating that the economic stability of the situation will be further strengthened.　　He also pointed out that the three-quarter investment, export growth has fallen, may lead to future economic growth rate of decline. Graphics/Shao