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
Big Mess in Italy
Are You Feeling the Economic Surge?
News Blog
What Happens In The Smartphone Afterlife
Water Intoxication: Are We Drowning In Advice To Drink More Fluids?
The Worldwide Virtual Reality Market Is Set To Be Huge
Average Gasoline Prices for Week Ending 05 December 2016 Rose Over 5 Cents
What We Read Today 05 December 2016
Why We Have Different Blood Types
November 2016 Conference Board Employment Index Improved.
November 2016 ISM and Markit Services Index Mixed
Are All Collateralized Loan Obligations Equal?
A Third Of Homes Sold For The List Price Or More In August 2016
It Is Still Not Too Late To Find A Seasonal Job
Infographic Of The Day: Are You A Good Listener
Early Headlines: Italy Votes 'No', Renzi Resigns, Euro Plunges 2 Pct, Asia Stocks Down, Trump Foreign Policy By Tweet, Dakota Pipeline Stopped, India Serv. PMI Contracts And More
Investing Blog
Market Sector Analysis: 04 December 2016
Trumponomics: The New Hope
Opinion Blog
Fake Science
The Labor Market Working Nine To Five
Precious Metals Blog
Silver Prices Rebounded Today: Where They Are Headed
Live Markets
05Dec2016 Market Close: US Markets Close Higher, WTI Crude Settles At $51.09, US Dollar Drops Below 100 Temporally
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



Crowdfunding ....






























 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 - 2016 Econintersect LLC - all rights reserved