September China PMI higher than 50% China's economic situation has stabilized

BCC network Beijing October 3 News (reporter Geffong) according to the Chinese voice of "news and newspaper Digest," the audience, the purchasing managers index to shrink the PMI, its strength is the economic condition important evaluation index and barometer, the index is above 50%, is regarded as the signal of economic expansion.　　Statistics show that China's purchasing managers index PMI rebounded to a four-month high in September, indicating a steady rise in the economy. China's manufacturing purchasing managers ' Index PMI was 53.8% in September, up 2.1% from last month, with PMI rebounding for the second consecutive month, the highest in nearly four months, according to data from the China Logistics and Purchasing Association. Han Baojiang, a professor of economics at the Central Party School, said: "The main reflection of our entire country's macro-economy is changing from a relative downturn to an upward trend, so the process of obvious ascension directly brings China's economic growth is likely the second half or next year, the economy may have another upward trend." Fan Wei, a senior researcher at Hongyuan Securities, said: "This shows that China's economy has ended 5 months to inventory, to production capacity, to spend the three-go process, began to stabilize the rebound." Suggesting that the economy is not a dip, and that the rebound is the inevitable trend, this should be positive for the stock market. ”