February China Non-manufacturing Business activity index was 44.1%

China's non-manufacturing Business Activity Index (CFLP), released by the Chinese Logistics and Procurement Federation in February 2011, was 44.1%, down 12.3% from last month. Since the non-manufacturing sector does not have a composite index, the overall change in the non-manufacturing economy is usually reflected in the business Activity index.　　This month, China's non-manufacturing PMI each index, the price and business activity expected index of the quarter-on-quarter rebound, the rest of the main index is showing a different degree of decline. Cai Jin, vice president of China Federation of Logistics and Purchasing, said: February, by seasonal factors, non-manufacturing PMI fell to 44.1%. Excluding seasonal factors, this month's non-manufacturing PMI movements were generally normal. The off-season features of construction activities continue. The new real estate order index fell below 40%, to 39.7%, has been the 5th consecutive month down. The median input price index continued to remain high, at 64.5%, while the price index rose not significantly, at 54.5%.　　The current limit mechanism should be transmitted to upstream industries in order to facilitate the healthy development of the non-manufacturing economy. The new Order index has fallen off the chain. The February 2011 New Order Index was 45.1%, down 8% from last month. In terms of industry, the consumer service industry is the highest, 45.7%, producer service industry is 45.1%, construction is the lowest, 43.2%.　　In 20 industries, the environment and public facilities management industry, road transport and air transport industry and other industries are above 50%, construction and installation industry, building decoration industry and railway transportation industry, such as 50%, accommodation industry, other services, wholesale, real estate and pipelines and other transport and warehousing industry and other industries below 50%. Middle input price slightly callback, still high. February 2011 The middle Input price index was 64.5%, the chain fell 0.1%. In terms of industry, the construction industry is the highest, 65.4%, consumer services, 64.6%, and producer services the lowest, 64%.　　In 20 industries, the airline industry, pipelines and other transport and warehousing industries, road transport, rail transport and residential sectors are above 60%, 3 of which are above 70%, postal services at 60%, retail trade, other services and telecommunications and other information transmission Service Industries 3 to 50%. The price index rebounded slightly. The February 2011 Fee Price Index was 54.5%, up 0.8% from last month. In the sector, producer services have the highest price index of 55.8%, the second in construction industry, 54.2% in consumer services and 53.7%. In 20 sectors, the price indices for wholesale, air and water transport, construction and decoration, leasing and business services, catering, retail and housing and civil engineering construction are higher than 50%; piping and other transport and warehousing industries, The fee indices for the postal and computer services and software industries are located at 50%; telecommunications and other information transmission services and rail transport 2Price indices for industries are below 50%. The expected index of operational activities increased slightly. The expected February 2011 Business Activity Index was 68.7%, up 0.6% from last month. In terms of industry, the construction industry is the highest, 78.5%, producer services, 70.7%, and consumer services the lowest, 64%.　　Of the 20 sectors, the expected index of business activity in 18 sectors was higher than 60%, of which 10 were higher than 70%; other services were in 50%; road transport was lower than 50%. China's non-manufacturing PMI index system consists of business activities, new orders, new export orders, backlog orders, inventories, intermediate input prices, fee prices, employees, supplier delivery time, and expected 10 proliferation indices for business activities. Since there is no synthetic index, the overall situation of non-manufacturing economic development is usually reflected by the index of business activity in the world, which is generally above 50%, reflecting the overall rise or growth of the non-manufacturing economy, below 50%, reflecting the decline or fall of the non-manufacturing economy.