The expansion of manufacturing production index and stable operation of the industrial chain - data release positive signals of the industrial economy's recovery

2023-02-23

In January, the manufacturing purchasing managers' index (PMI) was 50.1%, rising to the expansion range; The resumption rate of local industrial enterprises above designated size has gradually increased; The purchasing volume of industrial products of enterprises such as electric power grid and automobile manufacturing has doubled over the same period of last year... A series of data released recently show that since this year, the manufacturing industry has expanded and the industrial chain has operated effectively, releasing a positive signal of the steady recovery of the industrial economy. The booming level of production and demand in the manufacturing industry has warmed up. "The equipment needs to undergo a 36-hour non-stop 'fatigue test'. After the accuracy test, it can be delivered to the customer." In Anhui Xinjie Automation Technology Co., Ltd., the equipment commissioning technician is carefully operating the teaching device. Yin Jie, the chairman of the company, said that these equipment are fully automatic robot polishing systems independently developed by the company, which are widely used in automobile, household appliances and other industries. The employees are working overtime to debug the equipment, which is sent to all parts of the country in succession according to customer needs. "Since this year, more than ten enterprises have come to negotiate. Our order volume has also increased sharply, and nearly ten million yuan of orders have been signed within half a month." At present, a series of industrial stabilization policies have been working hard and effective, adding stamina to enterprises and injecting confidence into the market. According to the data released by the Service Industry Survey Center of the National Bureau of Statistics and the China Federation of Logistics and Purchasing, the manufacturing PMI rose to 50.1% in January and returned to the expansion range. Among the 21 industries surveyed, 18 were higher than the previous month, and the manufacturing boom level rebounded rapidly. "The supply and demand sides of the manufacturing industry have improved simultaneously." Zhao Qinghe, senior statistician of the Service Industry Survey Center of the National Bureau of Statistics, said that in January, the production index and the new order index were 49.8% and 50.9% respectively, which were 5.2 and 7.0 percentage points higher than the previous month, and the prosperity level of the production and demand of the manufacturing industry has obviously warmed up. From the perspective of industry, the production index and new order index of 9 industries, including agricultural and sideline food processing, medicine, general equipment, railway, ship, aerospace equipment, are in the expansion range. Data from JD Industrial also shows that the demand for material procurement of manufacturing enterprises is strong. Only in the first week after the start of the Spring Festival, the purchase volume of industrial products of large enterprises on the platform increased by 55% year on year, and the growth rate of the purchase volume of power grid, automobile manufacturing and engineering construction ranked the top three. Among them, the purchase volume of electric power grid industry increased by 6.9 times year-on-year, and the purchase volume of automobile industrial products increased by 191% year-on-year. "Professional materials directly related to manufacturing production have become the core demand for procurement, such as machinery and industrial equipment, instruments and meters, and module power supply. The positive data show that the enterprise's production continues to expand, and the confidence in the development of the industry has increased." said Chen Esheng, general manager of the Key Customer Department of JD Industrial. The rate of resumption of work has been steadily increased, and the machine has been turned around. The rate of resumption of work of industrial enterprises has been steadily increased, which also shows the warmth of the stable and smooth supply chain of the industrial chain and the stable and positive operation of the industrial economy. Sichuan Kedali Precision Industry Co., Ltd., located in the Yangtze River Industrial Park in Yibin, Sichuan, is a supporting enterprise in the industrial chain of the Sichuan factory in Ningde Times. Since the beginning of the year, the company has accelerated the pace of resuming work and production. Dozens of production lines are now operating at full capacity, with 300000 sets of power battery covers and 300000 sets of aluminum shells offline every day. "Supply chain, sales

Edit:Hou Wenzhe    Responsible editor:WeiZe

Source:Economic Information Daily

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