In March, manufacturing PMI picked up and returned to work with remarkable results
On March 31, Reporter Lin huocan reported that the service industry survey center of the National Bureau of statistics and China Federation of logistics and procurement released China purchasing manager index (PMI) on March 31. In March, the manufacturing PMI was 52.0%, up 16.3 percentage points from the previous month. Novel coronavirus pneumonia index has rebounded in addition to price index, reflecting the positive effect of China's overall efforts to promote the prevention and control of new crown pneumonia and economic and social development, and the recovery of enterprises and production has accelerated significantly in PMI.
The data show that in March, the comprehensive PMI output index was 53.0%, up 24.1 percentage points from the previous month. The manufacturing production index and non manufacturing business activity index constituting the comprehensive PMI output index were 54.1% and 52.3% respectively.
Above on March 30, workers of Qingdao Jingxin Electronics Co., Ltd. in Jimo District, Qingdao, Shandong Province were producing automobile harness products exported to South Korea.