Home / Knowledge / News / Textiles / China's manufacturing sector continues to maintain growth
China's manufacturing sector continues to maintain growth
03
Sep '14
courtesy: National Bureau of Statistics of China
courtesy: National Bureau of Statistics of China
After having increased for five consecutive months, China’s manufacturing purchasing managers index (PMI) in August 2014 fell 0.6 percentage points over the previous month. But it was still at the second highest point since the beginning of this year, indicating that China’s manufacturing sector continues to maintain general growth trend.
 
China’s manufacturing PMI in August 2014 was 51.1 percent, according to the information released by the Department of Service Statistics of the National Bureau of Statistics of China.
 
In terms of the size of enterprises, the PMI of large-scale enterprises was 51.9 percent, decrease of 0.7 percentage points compared to PMI of 51.2 percent in July 2014. However, the PMI stayed above the threshold, and was the second highest point this year, providing the primary supporting strength for continued growth of the manufacturing sector.
 
Likewise, the PMI of medium-sized enterprises was 49.9 percent, down 0.2 percentage points month-on-month. The PMI for these enterprises dropped below the threshold level after staying above it for four consecutive months.
 
The PMI of small-scale enterprises was 49.1 percent, down 1.0 percentage point month-on-month.
 
In August, among the five sub-indices composing PMI, the production index and new orders index were above the threshold. Production index was 53.2 percent, showing a decrease of 1.0 percentage point month-on-month, but 0.2 percentage points higher than the average this year.
 
New orders index was 52.5 percent, registering a drop of 1.1 percentage points month-on-month, but 0.7 percentage points higher than the average this year.
 
Among other sub-indices, new export orders index stayed at the threshold at 50.0 percent, while import index declined by 0.8 percentage points month-on-month to 48.5 percent. Import index had stayed below the threshold since December 2013. (RKS)
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search