China's purchasing managers ' index fell to 53.9% in May
Source: Internet
Author: User
June 1 morning News, according to the China National Bureau of Statistics in charge of the China News report Tuesday, China's Logistics and Procurement Association (CFLP) and the China National Bureau of Statistics issued a joint report shows that China's May PMI from April 55.7% to 53.9%. This is the 15th consecutive month of China's manufacturing activities to expand. PMI is an important indicator of national manufacturing activity. A PMI above 50% per cent said manufacturing activity was in the overall expansion trend, and less than 50% reflected a contraction in manufacturing. The May figures show that the withdrawal of the Chinese government from the stimulus package is beginning to affect the manufacturing recovery process, the analysis said.
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