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In 2002, SIPMM assisted China Federation of Logistics and Purchasing (CFLP) to produce the China Official PMI. ISM, SIPMM, and Markit purchasing managers indices include additional sub indices for manufacturing surveys such as new orders, employment, exports, stocks of raw materials and finished goods, prices of inputs and finished goods.
China’s economy grew stronger than expected at the start of this year, mainly thanks to robust growth in high-tech manufacturing. Gross domestic product (GDP) grew by 5.3% in the first quarter ...
China reported sluggish economic growth of 5.2% last year. This year, growth is expected to slow further to 4.5%, according to the World Bank’s most recent forecast in December. Chinese leader ...
China's Caixin/S&P Global manufacturing purchasing managers' index (PMI) rose to 51.1 in March from 50.9 the previous month, a private survey showed on Monday, expanding at the fastest pace in 13 ...
The Caixin China PMI is an economic index compiled and published monthly by IHS Markit; it is often cited by market watchers and media. Caixin Media took over sponsorship of Markit's China PMI from HSBC in 2015, [13] and the research team of Caixin Insight provides analysis for the index.
The statistics bureau said China’s population shrank by more than 2 million people to 1.41 billion in 2023 from the prior year. The population had declined by 850,000 people in 2022 from 2021.
PMI can be used to generate annotation on a traditional 2D drawing the data. However, generally, PMI is used to visualized product definition within the 3D model, thus removing the need for drawings. Some 3D model formats enable computer-aided manufacturing software to access PMI directly for CNC programming.
HSBC released its preliminary reading of China's August PMI. The figure was 47.8, which is a nine-month low. The reading was below July's 49.3. A number under 50 means the manufacturing sector is ...