econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 10 June 2015

China PMIs Show Overall Stable Manufacturing Growth Trend in the Past Two Months

Written by , GEI Associate

In April and May, China official manufacturing PMI (Pruchasing Mangers' Index) showed stable growth from 50.1 to 50.2. It is the consecutive third month that official manufacturing PMI recovers over 50 percent, which indicates Chinese manufacturing factories operate in more stable economic expansion during the past few months. In the meanwhile, although non-manufacturing PMI decreased from 53.4 to 53.2, business of service industry still continue to maintain growth.

During the period of economic reform, China manufacturing industry shows slight growth and non-manufacturing industry still maintains a quite high level in the two most recent months, which indicates reward of pro- growth policies launched by Chinese authorities and gradually consolidation of Chinese economic foundation.

Moreover, Chinese new order index also rebounded in May, rose from 50.2 to 50.6, which recovers to the same term level of last year. Correspondingly, industrial production also maintained slight growth, thus market demand and vitality are improved in the past two months, which shows significant positie results for government policy that aims to strengthen sustainable economic growth.

Based on a recent analysis by Jin Cai, vice-chairman of China Federation of Logistics & Purchasing, there are four main positive aspects we can expect from the modest improvement of PMIs.

  • First, the rebound of new order index may further improve and stable market demand, thus brings persistent impetus of economic growth.

  • Second, better economic environment would lead higher benefits to enterprises, and provide better opportunity for corporations to expand their business scale.

  • Third, some other industries such as retail, information, tourism were improved correspondingly, which would effectively strengthen final consumption power for the market.

  • Fourth, the recovery of economic operation would also lead a more steady developmental level and operating trend for Chinese real estate industry.

Click here for Historical News Post Listing










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, using Livefyre just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



You can also comment using Facebook directly using he comment block below.





Econintersect Contributors


search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
Is Free Trade Harming the Economy?
Bank of England Endorses Post-Keynesian Endogenous Money Theory
News Blog
How To Easily ID Support And Resistance On Your Charts
Infographic Of The Day: Hollywood Vs. Real Life: How Realistic Are Romantic Comedies
Early Headlines: New Travel Ban, Trump And McCain On Media, Greek Tragedy, Iraq Moves On W. Mosul, US Pushes China On N. Korea, China Wants To Deal, Emoluments Test And More
New Seasonal Outlook Updates from NOAA and JAMSTEC Disagree ...
A Presser For The Ages
Level Of Migration To The United States Not Unprecedented
Earnings And Economic Reports: Week Starting 20 February 2017
Where People Use Voice Assistants
Organic Molecules Found On Giant Asteroid Ceres - Why That's Such A Huge Deal
The Shortest-Serving US National Security Advisors
What We Read Today 18 February 2017
America First, India Second
With Unconventional Weapons, Drones Hit Their Limits
Investing Blog
The Week Ahead: Trump And The Business Cycle
The Importance Of Quality In Diversification
Opinion Blog
Winter Olympics 2022: Beijing And China's Second 'Coming-Out Party'
Of Debt, Detriment, And Exorbitant Privilege
Precious Metals Blog
The Best Gold Stock To Buy Right Now
Live Markets
17Feb2017 Market Close: US Markets Close In The Green Surprising The Bearish Analysts, Monday Markets Will Be Closed For Presidents Day Holiday
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government





























 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved