In January 2010, the National Manufacturing Purchasing Managers Index (PMI) of 55.8%, down 0.8 percentage point. The index has been 10 months at the critical point - more than 50%, indicating an upward trend of the manufacturing economy as a whole, but the growth rate reduced.
In January 2010, constitute the five manufacturing PMI index, production index, new orders index and the index of employees has dropped slightly, the main raw materials inventory index and the index of supplier delivery time, a slight increase.
The production index was 60.5%, down 0.9 percentage points over the previous month for twelve consecutive months be placed above the critical point, indicating that manufacturing output continues to grow, but growth slowing down. Situation from the industry, in addition to chemical materials and chemical products manufacturing and non-ferrous metal smelting and rolling processing industry, other industries production was flat compared to the previous month or have varying degrees of growth, in which the tobacco products industry, beverage manufacturing, agricultural and sideline food processing and food manufacturing, textile, manufacturing and fur feather products industry and other industries showed rapid production growth.
The new orders index was 59.9%, 1.1 percentage points lower last month, to continue at or above the critical point, indicating that the manufacturing sector to maintain a steady volume of new orders growth trend, but the growth rate slightly narrowed. Different industries, the tobacco products industry, beverage manufacturing, fabricated metal products, transportation equipment manufacturing industry, agro-food processing and food manufacturing industry, new orders increased significantly; non-metallic mineral products industry, non-ferrous metal smelting and rolling processing industry , chemical fiber manufacturing and rubber products industry and general equipment manufacturing industry demand for a slight drop. Survey shows export orders index was 53.2%, and up 0.6 percentage points above the critical point in nine consecutive months, indicating that the slow recovery in the world economy, driven by factors such as manufacturing exports increased.
The main raw material inventories index was 52.2%, up 0.8 percentage points from the previous month for three consecutive months above the critical point is located, indicating that the manufacturing sector the main raw material inventories continue to grow. Situation from the industry, electrical machinery and equipment manufacturing industry, tobacco products industry, beverage manufacturing industry, ferrous metal smelting and rolling processing industry and other industries the main raw material inventories increased significantly.
Practitioners index for 50.6%, down 1.6 percentage points, indicating by holidays and other factors, the manufacturing sector demand for labor increases significantly narrowed. Situation from the industry, textiles, communications equipment, computers and other electronic equipment manufacturing industry, chemical fiber industries and enterprises such as manufacturing and rubber products industry employment to grow.
Supplier delivery time index was 51.0%, and up 0.2 percentage points, indicating that the manufacturing sector suppliers of raw materials slightly last month to speed up delivery times.
Survey, the main raw material purchase price index was 68.5%, 1.8 percentage points higher than last month, and markedly improved for three consecutive months, the highest since August 2008 a new high. Sub-sectors, the purchasing price index for all industries are located above the critical point, in which chemical fiber manufacturing and rubber products industry, ferrous metal smelting and rolling processing industry, paper and printing industry, chemical materials and chemical products manufacturing, electrical machinery and equipment manufacturing industry, non-ferrous metal smelting and rolling processing industry and other industries the main raw material purchase price index of 80% or more of the high, that the purchase prices of major raw materials manufacturing industry chain to continue rising. The survey also showed that the procurement costs, insufficient supply of coal, rail transport stress factors such as impact to the enterprise production and management.
