China's manufacturing purchasing managers ' index fell again in June

The manufacturing industry is in a downward range?　　Our reporter Wu Yan trainee kangying July 1, China Logistics and Purchasing Association released news, in June 2010, CFLP China Manufacturing Purchasing Managers Index (PMI) was 52.1%, down 1.8% from last month, which is also the 2nd consecutive month below 60%.　　Data show that, from the 11-item index, compared with last month, only the finished product inventory index rose, an increase of 1.5%, the rest of the indices have to fall to varying degrees, the decline of more than 2%. On the reasons for the fall, there are analysis that on the one hand with the recent decline in steel, non-ferrous metals, oil and other commodity prices.　　On the other hand, under the comprehensive game of policy and economy, the economy gradually from overheating to normal return, the demand for raw materials has weakened. Analysts believe that a pullback in the new export Order index may herald a pullback in export growth, and a drop in the price index may herald a reduction in the cost pressures of companies.　　Overall, China's economic growth is in the critical period from the rise and stability, the new economic round of sustainable growth of the foundation is being formed, but still need to consolidate vigorously. Shanxi Securities Ile that at present, the basic can establish the manufacturing sector into the downturn, and export orders continue to fall, will be expected in the next three months, export growth or a significant decline in economic growth or continue to slow down, in the current restructuring and promote the transition period, the production boom again fall, in line with the objectives of policy adjustment But it also needs to be prevented from slipping too fast. There is also a view that, although the PMI two consecutive months down the chain, but 52.1% of the level above 50% of the pro line, indicating that the economy is still in the expansion phase. PMI's pullback shows that the economy is returning from overheating in the first quarter to normal. It should be said that this is the result of Government's active regulation, the current economy is still in the expansion stage, there is no secondary risk.