July China Manufacturing Purchasing Manager Index 51.2%

In July 2010, the CFLP China Manufacturing Purchasing Manager Index (PMI) was 51.2%, down 0.9% from last month. The manufacturing PMI is a composite index, weighted by 5 major diffusion indices, according to the internationally-accepted approach.　　Usually the PMI index is above 50%, reflecting the overall expansion of the economy, below 50%, reflecting the recession. From the 11-point index, the trend has continued to fall, but the decline has narrowed. Compared with last month, only the index of employees rose by 1.6%, while the rest of the indices fell to varying degrees, but they fell by a small margin, at around 1%.　　Among them, the production index fell to a large extent, reaching 3.1%. In 20 industries this month, the metal products industry, electrical machinery and equipment manufacturing, general equipment manufacturing industries to achieve more than 50%; Beverage manufacturing is located in 50%, non-ferrous metal smelting and rolling processing industry, chemical fiber manufacturing and rubber plastic products, ferrous metal smelting and calendering processing industry and other industries less than 50%.　　From the type of products, raw materials and energy enterprises less than 50%, intermediate goods, consumer goods and production of manufactured goods enterprises above 50%, between 51.1%-54.4%. According to the survey of Manufacturing purchasing manager in July, Zhang, a special analyst, said: "The July PMI index continued to fall, indicating that the correction of economic growth is still in the process of development; The new export order index continues to fall, indicating the start of a pullback in foreign trade export growth." From the analysis of relevant factors, the current investment and export growth Foundation is not stable enough, the growth rate is likely to decline. As domestic and foreign market environment has improved markedly over the same period a year ago, the policy leeway is obviously increased, the investment growth is not expected to drop sharply, the export will not be negative. Supported by these factors, the future economic growth will gradually stabilize, the annual economic growth rate can be maintained at about 9.5%. "The New Order index fell. This month the New Order index was 50.9%, down 1.2% from last month, down 1.5% from last month.　　In 20 industries, the petroleum processing and coking industry, agricultural and sideline products processing and food manufacturing, electrical machinery and equipment manufacturing industry is above 50%, non-ferrous metal smelting and rolling processing industry, chemical fiber manufacturing and rubber plastic products industry, ferrous metal smelting and calendering processing industry and other industries less than 50%. Production index fell back to a wider range. The production index for this month was 52.7%, down 3.1% from last month, and a 0.7% per cent increase last month. 20 Industries, clothing, shoes and hats manufacturing and fur down products industry, metal products industry, etc. to achieve more than 50%; chemical raw materials and chemical products manufacturing, pharmaceutical manufacturing, beverage manufacturing industry and other industries below 50%.　　The types of products, raw materials and energy enterprises below 50%, for 49%, the remaining three types of products enterprises are higher than 50%, of which the production of finished products enterprises the highest, to 57.1%. The new export order index fell slightly. This month's new export order index is51.2%, down 0.5% from last month. In 20 industries, the metal Products industry, paper printing and cultural and educational sporting goods manufacturing industry is above 50%. Electrical machinery and equipment manufacturing, ferrous metal smelting and calendering processing industry and other industries less than 50%.　　From the product type, the raw materials and energy enterprises below 50%, 46.7%, intermediate goods, consumer goods and production of manufactured goods enterprises are higher than 50%, between 50.9%-52.7%, of which the production of finished products enterprises, the highest, 52.7%. The inventory index of finished products declined. The inventory index for finished goods this month was 49.9%, down 1.4% from last month. Sub-industry, 20 industries, chemical fiber manufacturing and rubber plastic products industry, general equipment manufacturing, ferrous metal smelting and calendering processing industry and other industries than 50%. Agro-food processing and foodstuff manufacturing, non-ferrous metal smelting and calendering processing industry, metal products industry is located in 50%. Transportation equipment manufacturing, chemical raw materials and chemical products manufacturing, beverage manufacturing industries below 50%.　　From the product type, intermediate and production of manufactured goods enterprises above 50%, respectively, 50.7% and 53.4%, raw materials and energy, consumer goods enterprises less than 50%, respectively, 49.7% and 48.2%. The purchase price index fell slightly. The price index bought this month was 50.4%, down 0.9% from last month. In the industry, 20 industries, such as textiles, agricultural and sideline products processing and food manufacturing, pharmaceutical manufacturing industries above 50%, chemical raw materials and chemical products manufacturing, tobacco products industry, general equipment manufacturing industry and other industries less than 50%.　　In terms of product types, intermediates and consumer goods enterprises above 50%, respectively, 52.6% and 52.9%, raw materials and energy and production of manufactured goods enterprises less than 50%, respectively, 42.9% and 46.4%. China Federation of Logistics and Purchasing (CFLP)