In September, the purchasing managers’ index of China’s manufacturing industry rebounded to the expansion zone, and the economic trend was stable and positive.

CCTV News:China Federation of Logistics and Purchasing and Service Industry Research Center of National Bureau of Statistics jointly released the Purchasing Managers Index of China in September today (September 30th). Among them, the manufacturing purchasing managers index rebounded to the expansion range of more than 50%, and the economic trend was stable and positive.

In September, the purchasing managers’ index (PMI) of China’s manufacturing industry was 50.1%, up by 0.7 percentage points from last month. After running below 50% for two consecutive months, it returned to the expansion range, indicating that the economic trend was stable and positive.

Zhao Qinghe, Senior Statistician, Service Industry Survey Center, National Bureau of Statistics:Since September, with the continuous effectiveness of the package of policies and measures to stabilize the economy, coupled with the fading influence of high temperature weather, the electricity consumption at the production end has been guaranteed, and the manufacturing production has accelerated. Therefore, the manufacturing purchasing managers index returned to the expansion range in September.

In September, with the continuous promotion of China’s policy of stabilizing the economy, the manufacturing industry maintained the recovery momentum, the supply and demand sides kept rising, basically oriented to good development, and the demand for basic raw materials was also steadily released. In September, the purchasing managers’ index of basic raw materials industry was 50.6%, up 4.4 percentage points from last month, and returned to the expansion range after running below 50% for three consecutive months.

From the perspective of enterprise types, the purchasing managers’ index of large, medium and small enterprises has risen simultaneously, and the effect of ensuring market players has appeared.

He Hui, Assistant President of China Federation of Logistics and Purchasing:A series of measures to stabilize the economy have provided an important guarantee for us to overcome the impact of the epidemic and maintain economic stability, and also reflected that our economic growth is resilient.