The manufacturing industry of China's economic growth picked up significantly stabilized

Statistics show that in January 2012, China's Manufacturing Purchasing Managers Index (PMI) was 50.5%, a slight increase of 0.2 percentage points compared with the previous month. Excluding seasonal factors, manufacturing growth rebounded slightly, but overall from the manufacturing point of view, the main raw material purchase price is still at historically high levels, the enterprise cost pressures still exist.

 

In January this year, China's manufacturing purchasing managers index continued to rise slightly, indicating that China's economy gradually stabilize callback. The new order index and raw material inventory index rose, reflecting the recovery of industrial production readiness.

 

From 2011 to December, investment change in export growth, expected future economic growth will show a callback trend, obvious signs of stabilization.

 

For a long time, China's manufacturing industry occupied only the low-end market, but also by Vietnam and India and other countries "eyeing", while the high-end market is still in Europe and the United States and other countries, the manufacturing industry before and after the attack of worries huge.

 

In addition to rising labor costs, soaring raw material prices are also a major cause of the "made in China" scenery. Since last year, China's major raw material prices rose sharply, coal rose to 40%, non-ferrous metals rose to 30%, iron ore rose to 90%.

 

Affected by environmental pressure and RMB appreciation, China's manufacturing profits continue to decline. The industry believes that this year, China's manufacturing industry, it may be a cold winter than in 2008.

 

From the external environment, the world economic situation, increasing uncertainties, Europe has been in crisis, hard to find solutions. The U.S. debt ratio is high, the government can take limited measures, the past rely on Europe and the United States pull the enterprise, in 2012 will encounter many problems. In the domestic market, the manufacturing industry is facing the market slowdown, stagnant growth, overcapacity, rising labor costs, the industry needs to upgrade, home appliances, trade, energy conservation policies gradually withdraw from the uncertain factors such as increased.

 

But in January 6th this year, the national financial work conference, Premier Wen Jiabao stressed the need to adhere to the financial services to the real economy. Industry experts generally believe that in 2012 China's manufacturing financing dilemma will be broken, financing environment and development environment will be improved.