China's manufacturing PMI in December was 510

The PMI of China's manufacturing industry in December was 51.0%

the service industry investigation center of the National Bureau of statistics and statistics and the China Federation of logistics and purchasing released a report on the 1st. In December 2013, the purchasing managers' index (PMI) of China's manufacturing industry was 51.0%, down 0.4 percentage points from the previous month and 0.2 percentage points higher than the annual average. The service industry survey center of the National Bureau of statistics and the China Federation of logistics and purchasing released a report on the 1st that the purchasing managers' index (PMI) of China's manufacturing industry in December 2013 was 51.0%, down 0.4 percentage points from the previous month and 0.2 percentage points higher than the annual average

although PMI fell in December, it was still above the critical point of 50%, and was above the critical point for 15 consecutive months, indicating that China's manufacturing industry continued to maintain growth. Zhao Qinghe, Senior Statistician of the service industry survey center of the National Bureau of statistics, analyzed and pointed out

from the main sub indexes, China's manufacturing production index and new order index remained above the critical point in December. Among them, the production index was 53.9%, down 0.6 percentage points from the previous month, but 1.1 percentage points higher than the annual average. Zhao Qinghe believes that this means that although the growth rate of manufacturing production has slowed down, it continues to maintain a good trend on the whole; The new order index was 52.0%, down 0.3 percentage points from the previous month, 0.3 percentage points higher than the annual average, indicating that the market demand of the manufacturing industry continued to expand steadily

in December, the new export order index and import index of China's manufacturing industry both fell back to 49.8% and 49.0% respectively, both falling below the critical point. Zhao Qinghe pointed out that due to the superposition of factors such as the early release of some demand for western traditional holidays and the approaching Spring Festival in China, the fall of PMI in December has certain seasonal factors, and the later trend still needs to be observed

the expected index of production and operation activities also needs to be strengthened. The expected index of China's manufacturing production and operation activities in December was 49.4%, down 5.5 percentage points from the previous month, below the critical point

manufacturing PMI is one of the internationally accepted leading macroeconomic indicators. Generally, 50% is the critical point, higher than 50% reflects the expansion of manufacturing economy, and lower than 50% reflects the contraction of manufacturing economy