Dan's Biz Bookshelf: 'Getting Naked: A Business Fable'
The Chemical Connection: Common Misconceptions in Wet Processing
It’s Only Common Sense: Selling to Engineers
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.
Share on:
Suggested Items
Forge Nano Secures $40M to Scale U.S. Battery Manufacturing and Commercial Semiconductor Equipment Businesses
05/02/2025 | Forge NanoForge Nano, Inc., a technology company pioneering domestic battery and semiconductor innovations, announced the successful close of $40 million in new funding.
Commerce Secretary Howard Lutnick Visits TSMC Arizona Fabrication Facility for Third Fab Ground Breaking
05/02/2025 | U.S. Department of CommerceU.S. Secretary of Commerce Howard Lutnick visited the Taiwan Semiconductor Manufacturing Company (TSMC) semiconductor fabrication facility in Phoenix, Arizona where the company broke ground on a third fab facility.
SIA Welcomes Legislation to Strengthen U.S. Semiconductor Manufacturing Credit
05/02/2025 | SIAThe Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer welcoming House introduction of Building Advanced Semiconductors Investment Credit (BASIC) Act.
INEMI Smart Manufacturing Tech Topic Series: Enhancing Yield and Quality with Explainable AI
05/02/2025 | iNEMIIn semiconductor manufacturing, the ability to analyze vast amounts of high-dimensional data is critical for ensuring product quality and optimizing wafer yield.
Alternative Manufacturing Inc. (AMI) Appoints Gregory Picard New Business Development Manager
05/01/2025 | Alternative Manufacturing, Inc.Alternative Manufacturing Inc. (AMI) is pleased to announce the appointment of Mr. Gregory Picard as our new Business Development Manager. Picard brings a wealth of experience in Sales and Business Development, having worked with some of the most prominent names in the industry.