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News Wire / economy

China Manufacturing PMI Expands For Five Months

RTHK Radio 3 HK Beijing 14d13d Impact 5

China's factory activity expanded for a second consecutive month according to a National Bureau of Statistics survey. This marks the first simultaneous growth in all three sectors since September of last year. The index reported a 7.8% increase in automotive production and a 4.6% rise in machinery and equipment. However, semiconductor production decreased by 8.1%. The National Data Bureau stated that the existing upward trend in production is being maintained despite the war in Iran. This ramp-up is driven by fears that Middle East conflicts could raise production costs. China's official manufacturing Purchasing Managers' Index (PMI) eased slightly to 50.3 in April. High energy costs and escalating conflict in the Middle East are exposing risks to China's production-led growth model. Subdued domestic consumption remains a key factor in the country's growth trajectory.

China's factory activity expanded for a second consecutive month according to a National Bureau of Statistics survey. This marks the first simultaneous growth in all three sectors since September of last year. The index reported a 7.8% increase in automotive production and a 4.6% rise in machinery and equipment. However, semiconductor production decreased by 8.1%. The National Data Bureau stated that the existing upward trend in production is being maintained despite the war in Iran. This ramp-up is driven by fears that Middle East conflicts could raise production costs. China's official manufacturing Purchasing Managers' Index (PMI) eased slightly to 50.3 in April. High energy costs and escalating conflict in the Middle East are exposing risks to China's production-led growth model. Subdued domestic consumption remains a key factor in the country's growth trajectory. Analysts suggest prolonged conflict could weaken global external demand and weigh on the economy. China's high-tech manufacturing PMI rose to 52.2% and equipment manufacturing PMI reached 51.8%, according to the China Logistics Information Center. China's manufacturing and non-manufacturing PMI figures have remained in expansion territory.

Topics

manufacturing GDP exports

Developing

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Sources · 7 independent

RTHK Radio 3 HK

“index depth to 50.3 from 50.4 in March but held above the 50 mark separating growth from contraction, according to a survey by the National Bureau of Statistics.”

RTHK Radio 3 HK

“The official manufacturing purchasing manager, the overall new order sub-index fell to 50.6 from 51.6, suggesting that factories are still having better luck with overseas buyers than their home market.”

CNR Voice of China

“互聯網及軟件信息技術服務業商務活動 指出連續兩個月還比上升 升至54%以上... 中央政治局會議明確 提出全面實施人工智能家行動 發展智能經濟新型態”

CNR Voice of China

“互聯網及軟件信息技術服務業商務活動 指出連續兩個月還比上升 升至54%以上”

CNR Voice of China

“信息服務業將繼續釋放更為強勁的發展潛力 4月份建築業商務活動指數為48% 僑上月下降1.3個百分點”

CNR Voice of China

“信息服務業將繼續釋放更為強勁的發展潛力 4月份建築業商務活動指數為48%... 土木工程建築業商務活動指數雖然較上月下降 但仍在52%以上的較高水平”

CNR Voice of China

“信息服務業將繼續釋放更為強勁的發展潛力... 4月份綜合PMI產出指數為50.1%比上月下降0.4個百分點,表明我國企業生產經營活動總體繼續保持擴張。”

CNR Voice of China

“4月份综合PMI产出指数为50.1%比上月下降0.4个百分点 表明我国企业生产经营活动总体继续保持扩张”

YTN Radio

“생산과 소비, 투자가 모두 늘어난 건 지난해 9월 이후 6개월 만입니다. ... 자동차는 7.8%, 기계 장비는 4.6% 증가했지만, 반도체는 8.1% 감소했습니다.”

CNA938 Singapore

“growth in China's silver zillion, despite shocks from geopolitical risks, factor activity expanding for a second straight month in April, as manufacturers ramp up output to ship goods early amid fears that that conflict could raise costs.”

CNA938 Singapore

“The official manufacturing PMI easing slightly to 50.3 in April, that's The escalating conflict in the Middle East is exposing risks in China's production-led growth model”

CNR Voice of China

“4月份制造业采购经理指数为50.3%”

CNR Voice of China

“4月份 我国制造业采购经理指数PMI为50.3%继续位于扩张区间... 製造業企業生產和市場需求保持擴張 高技術製造業和裝備製造業 PMI分別為52.2%和51.8%”

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