The China Federation of Logistics and Purchasing and the National Bureau of Statistics Service Survey Center released today that the China Manufacturing Purchasing Managers Index (PMI) was 50.8% in May, up 0.2 percentage points from the previous month. This is the eighth consecutive month that the index has lived in China. 50% above the line. Most indexes in the sub-index of May have rebounded, and the overall trend is better than the same period of history, indicating that the current basic situation of economic operation has been rising steadily.

According to the China Federation of Logistics and Purchasing, from the perspective of China's manufacturing PMI in May, the stabilization and recovery of the industry has expanded. Among the 21 industries, there are 14 industries with a PMI index of more than 50%, indicating that most industries have stabilized and recovered. The business situation has gradually improved. At present, the PMI index of large and medium-sized enterprises has risen to above the level of the same period of last year, reflecting that the business conditions of large and medium-sized enterprises have continued to improve and the microeconomic foundation has been improving.

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