Two Quarter Economic Recovery Can Be Expected To Increase Significantly

According to the data released by China logistics and purchasing Federation and the National Bureau of statistics 1 days ago, the purchasing managers index (PMI) of China's manufacturing industry in April was 50.4%, up 0.1 percentage points from the previous month, P.

PMI rebounded for two consecutive months, reflecting the trend of China's economic growth to consolidate, and the two quarter is expected to turn warmer.

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< p > < strong > new orders for enterprises increased significantly < /strong > < /p >

< p > in the first quarter, the economic growth slowed down, especially when the nominal GDP growth rate declined. The market was concerned about the "a href=" //www.sjfzxm.com/news/index_c.asp "economic growth < /a" when the kinetic energy bottomed out and stabilized.

Since March, some indicators that measure the performance of the industrial economy, such as power generation and crude steel output of key enterprises, have picked up significantly. In April, this trend of recovery is still continuing, making the market look up.

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< p > for April < a href= "//www.sjfzxm.com/news/index_c.asp" > manufacturing > /a > PMI data increased by 0.1 percentage points to 50.4%, the State Council Development Research Center macroeconomic researcher Zhang Liqun said, this indicates that the future economic growth is stable.

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< p > "from the recent two months < a href=" //www.sjfzxm.com/news/index_c.asp "> PMI index < /a > trend, continuous slight rise, especially the new order index has obviously recovered in the past 8 months, indicating that the overall trend of economic operation is stable and good.

China Logistics Information Center analyst Chen Zhongtao said.

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< p > especially since April, the new orders of large, medium and small enterprises have increased significantly, showing that the operation of enterprises is once again active.

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< p > < strong > "demand recovery is the main driving force" < /strong > < /p >

Cai Jin, vice president of China logistics and purchasing Federation, explained that this shows that the contradiction between supply and demand has been alleviated in China, and that the stable economic growth in the future will have a solid market base, and China's economic operation will be more reasonable and coordinated. P

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< p > "although the main developed economies in recent years are getting better gradually, the slowdown in some emerging economies has also had some impact on China's exports and some fluctuations in manufacturing exports."

Zhao Qinghe, Senior Statistician of the National Bureau of Statistics Service Industry Investigation Center, said.

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< p > < strong > "will rise periodically" < /strong > /p >

Liu Ligang, an economist at the Greater China region of ANZ bank, believes that economic growth will rise in a cyclical manner in the next two quarters as PMI picks up and commodity prices recover.

But the resilience depends on whether the central bank can ultimately reduce the financing cost of enterprises.

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< p > < strong > background > /strong > /p >

< p > < strong > April, issued a series of "micro stimulation" scheme < /strong > /p >

Since April, P has launched a series of "micro stimulation" schemes.

After announcing the reduction of tax revenue for small and micro enterprises, increasing investment in railway and shantytowns, and announcing a number of major energy projects, the government also announced that it would also invest in enterprises, attract social capital into monopoly areas, and launch 80 infrastructure investment projects.

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< p > in addition, the policy of reducing the deposit reserve ratio of rural commercial banks and cooperative banks at the county level to support agriculture and support the steady growth of foreign trade has been promulgated.

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