June China PMI is 53.2% consecutive four months above critical point

Xinhua Beijing, July 1, according to China's Logistics and Procurement Association released information, June 2009, the National Manufacturing Purchasing Managers Index (PMI) was 53.2%, higher than last month 0.1%.　　The index of four consecutive months at the critical point-more than 50%, indicating that with the central government to expand domestic demand and promote stable and rapid growth of the national economy, the implementation of policy measures, the overall growth of the manufacturing industry has rebounded steadily.　　In June 2009, the 5 classification indices that made up the manufacturing PMI remained stable. The production index was 57.1%, up 0.2% from last month and placed above the critical point for five consecutive months, showing that, driven by market demand, manufacturing output continued to grow on a month-on-month basis. From the industry, the growth of the chain of production is significantly more than last month, including ferrous metal smelting and rolling processing industry, electrical machinery and equipment manufacturing, communications equipment, computer and other electronic equipment manufacturing, special equipment manufacturing and instrumentation culture Office machinery Manufacturing, textile industry and other industries to increase significantly　　, but the production of chemical raw materials and chemical products, tobacco products, non-ferrous metal smelting and calendering processing industries have declined in varying degrees. The New Order index, 55.5%, fell 0.7% from last month. The index rose to above the critical point in February, running smoothly at 55% for four consecutive months, indicating that the number of new orders for manufacturing companies continued to grow on a month-on-month trend. Sub-industry, ferrous metal smelting and rolling processing industry, electrical machinery and equipment manufacturing, communications equipment, computer and other electronic equipment manufacturing industries, such as the growth of new orders to increase significantly.　　The results of the survey showed that the export order index was 51.4%, up from May to the critical point, and raised 1.3% this month. The main raw material stock index of 47.4%, still below the critical point, shows that the main raw material stocks of manufacturing enterprises continue to reduce.　　Survey shows that some manufacturers of raw materials procurement difficult to increase, enterprises to consume raw materials inventory to meet production needs. The employee index of 50.1%, a tiny 0.2% rise from last month, is back above the tipping point, showing a steady decline in manufacturing labour demand.　　From the industry situation, special equipment manufacturing and instrumentation culture Office machinery Manufacturing, transportation equipment manufacturing, electrical machinery and equipment manufacturing, agricultural and sideline food processing and foodstuff manufacturing, beverage manufacturing industry and other industries enterprise employment volume increased.　　The Supplier Distribution Time index was 50.1%, slightly above the tipping point, indicating that manufacturing raw material suppliers had little change in delivery time compared to last month. According to the results of the survey, the price of some enterprises, such as crude oil, steel, coal and non-ferrous metals, has been rising with the increase of international commodity prices.