景气水平继续回升！12月中国制造业PMI升至50.3%

12月份,中国制造业采购经理指数(PMI)回升至50.3%，高于临界点，制造业景气水平继续回升。

The purchasing managers' index (PMI) for China's manufacturing sector came in at 50.3 in December, up from 50.1 in November, data from the National Bureau of Statistics showed Friday.

据国家统计局数据，12月份，中国制造业采购经理指数(PMI)为50.3%，比上月上升0.2个百分点。

The rise came after the country had revved up supports to ensure adequate supply, stabilize market prices and ease the pressure of companies, said NBS senior statistician Zhao Qinghe.

国家统计局服务业调查中心高级统计师赵庆河称，随着一系列保供稳价和助企纾困等稳定经济发展政策力度加大，制造业景气水平得到了回升。

【知识点】

采购经理指数 ( the purchasing managers' index, usually referred to as PMI),是通过对企业采购经理的月度调查结果统计汇总、编制而成的综合指数（composite index），由五个分类指数(sub-index)，即新订单(new sales orders )指数、生产（production levels）指数、从业人员（employment）指数、供应商配送时间（supplier deliveries）指数、主要原材料库存（stocks of raw materials ）指数加权而成。

该指数是国际上通用的监测宏观经济走势的先行性指数之一，具有较强的预测、预警作用。PMI高于50%时，反映经济总体较上月扩张 (a reading above 50 indicates expansion)；低于50%，则反映经济总体较上月收缩（a reading below reflects contraction）。

The sub-index measuring purchase prices of major raw materials dropped 4.8 percentage points from November to 48.1. The ex-factory price index fell to 45.5, down 3.4 percentage points from last month.This is the second consecutive month that the two indices saw a decline.

从分类指数来看，主要原材料购进价格指数和出厂价格指数分别为48.1%和45.5%，低于上月4.8和3.4个百分点，连续两个月回落。

The sub-index for production reached 51.4, remaining in the expansion area, which reflects the growth momentum of the manufacturing sector.