In January this year, China’s PMI index was newly released, with a comprehensive PMI of 52.9, an increase of 10.3 percentage points over the previous month. Among them, the manufacturing PMI index of 50.1, ending the four consecutive months of decline and returning to the expansion range.

In terms of structure, the production index and the new order index were 49.8% and 50.9% respectively, 5.2 and 7.0 percentage points higher than the previous month. In terms of enterprise scale, the PMI of large, medium and small enterprises was 52.3%, 48.6% and 47.2% respectively, higher than 4.0, 2.2 and 2.5 percentage points last month. Among the key industries, the PMI of high-tech manufacturing, equipment manufacturing, consumer goods and energy-intensive industries were 52.5%, 50.7%, 50.9% and 48.6%, respectively, higher than 5.1, 4.7, 4.0 and 1.2 percentage points last month.

This series of figures shows that the impact of the first wave of the epidemic has been quickly eliminated and the level of enterprise production and operation has rebounded. After the holiday, all industries returned to work in an orderly manner. Since there is no second wave of large-scale epidemic in the spring transportation return, the overall recovery trend has been positive for a long time.