The reporter learned from the China Federation of Logistics and Purchasing on December 1 that China’s manufacturing PMI in November was 49.6%, down 0.2% from the previous quarter.
According to the statistics released by the China Federation of Logistics and Purchasing and the National Bureau of Statistics Service Survey Center on the same day, the China Manufacturing Purchasing Managers Index (PMI) was 49.6% in November 2015, which was a decrease of 0.2 percentage points from the previous month. The 12 sub-indexes all decreased compared with the previous month. Among them, the new export orders, backlog orders, purchase prices of raw materials, and production activities expected the four indexes to fall by more than 1 percentage point, and the rest of the indices fell within 1 percentage point.
Zhang Liqun, a special analyst of the above-mentioned institutions, believes that China's PMI in November fell by 0.2 percentage points, indicating that there is some fluctuation in the economic bottoming process. The index of finished goods inventory and purchase volume declined, and the purchase price index fell sharply, reflecting the lack of corporate confidence and the increase of de-stocking activities; the new export order index decreased significantly, indicating that the level of foreign demand may decline further.
In general, due to external factors, market demand and confidence all fluctuate.
Zhang Liqun suggested that various measures for stabilizing domestic demand should be implemented swiftly, stabilizing the level of orders through the stability of consumption and investment, stabilizing corporate confidence, and supporting economic growth to stabilize.
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