China's PMI at 51.3% in January
February 13, 2017 | National Bureau of Statistics of China,Estimated reading time: 1 minute
In January 2017, China's manufacturing purchasing managers index (PMI) was 51.3 percent, a slight decrease of 0.1 percentage point over last month, continuing a steady expansion trend.
In view of the sizes of enterprises, the PMI of large-sized enterprises was 52.7 percent, decreased 0.5 percentage points over last month, and continued to be higher than the threshold; that of medium-sized enterprises was 50.8 percent, increased 1.2 percentage points over last month, and rose above the threshold; that of small-sized enterprises was 46.4 percent, decreased 0.8 percentage points, and continued to stay in the contraction range.
Among the five sub-indices composing PMI, the production index and new orders index were higher than the threshold. The employed person index, main raw materials inventory index and supplier delivery time index were lower than the threshold.
Production index was 53.1 percent, a decrease of 0.2 percentage points month-on-month, and was higher than the threshold, indicating that manufacturing production continued to keep growing, while the growth rate decreased slightly.
New orders index was 52.8 percent, decreased 0.4 percentage points month-on-month, and continued to be higher than the threshold, showing that the amount of increase of manufacturing market demand narrowed.
Employed person index was 49.2 percent, increased 0.3 percentage points month-on-month, but still in the contraction range, indicating that the labor employment of manufacturing enterprises decreased, while the pace of decline narrowed.
Main raw materials inventory index was 48.0 percent, unchanged compared with last month, and was below the threshold, indicating that the manufacturing main raw material inventory continued to decrease.
Supplier delivery time index was 49.8 percent, a decrease of 0.2 percentage points over last month, and dropped below the threshold, indicating that the delivery time of manufacturing raw material suppliers slowed down slightly.
Suggested Items
iNEMI Names Grace O'Malley CTO
05/02/2024 | iNEMIThe Board of Directors of the International Electronics Manufacturing Initiative (iNEMI) has named Grace O'Malley Chief Technical Officer (CTO).
Intel Takes Next Step Toward Building Scalable Silicon-Based Quantum Processors
05/02/2024 | BUSINESS WIRENature published an Intel research paper, “Probing single electrons across 300-mm spin qubit wafers,” demonstrating state-of-the-art uniformity, fidelity and measurement statistics of spin qubits.
ZESTRON Academy Launches 2024 Advanced Packaging & Power Electronics Webinar Series
05/01/2024 | ZESTRONZESTRON, the leading global provider of high-precision cleaning products, services, and training solutions in the electronics manufacturing and semiconductor industries, proudly announces the launch of its highly anticipated webinar series on Advanced Packaging & Power Electronics, a webinar series on the latest innovations, cleaning, and corrosion challenges.
NextFlex Convenes the Hybrid Electronics Community at Binghamton University
05/01/2024 | NextFlexBinghamton University hosted the NextFlex hybrid electronics community on April 18 for a day of expert presentations, breakout sessions on technology and manufacturing topics, and networking.
HQ NextPCB of HQ Electronics Debut on the International Stage for Electronics Manufacture at IPC APEX 2024
05/01/2024 | PRNewswireHQ NextPCB of HQ Electronics, a leading Chinese-based multilayer PCB manufacturer and assembly house showcased its industrial prowess on the international stage for the first time at the IPC APEX Expo 2024.