NBS: China's manufacturing PMI reaches 51.0 percent in Aug
2020-08-31 15:01:00 [Print]
According to National Bureau of Statistics, China's manufacturing Purchasing Managers Index (PMI) was 51.0 percent in August, slightly down by 0.1 percent from the previous month, showing stable operation of the manufacturing industry.
In terms of enterprise scale, the PMI of large-sized enterprise was 52.0 percent, the same as the previous month; that of medium-sized enterprise was 51.6 percent, up by 0.4 percent from the previous month; that of small-sized enterprise was 47.7 percent, down by 0.9 percent from the previous month.
Among the five sub-indices composing manufacturing PMI, the production index, new orders index and supplier distribution time index were higher than the threshold, while raw materials inventory index and employment index were lower than the threshold.
In terms of enterprise scale, the PMI of large-sized enterprise was 52.0 percent, the same as the previous month; that of medium-sized enterprise was 51.6 percent, up by 0.4 percent from the previous month; that of small-sized enterprise was 47.7 percent, down by 0.9 percent from the previous month.
Among the five sub-indices composing manufacturing PMI, the production index, new orders index and supplier distribution time index were higher than the threshold, while raw materials inventory index and employment index were lower than the threshold.
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