China's Purchasing Managers Index will be announced in detail

The National Bureau of Statistics Service Industry Research Center and the China Federation of Logistics and Purchasing said that in order to better meet the needs of the society, the leading indicator of the economic operation, the Purchasing Managers Index (PMI), will be gradually refined by industry and sub-region. data. At the same time, the sample size of the survey will be expanded. PMI is one of the most popular macroeconomic monitoring indicators in the world and plays an important role in guiding and early warning of economic activities. At present, China's PMI is divided into manufacturing PMI and non-manufacturing PMI, with a sample size of 820 companies and 1,200 companies respectively. Meng Qingxin, director of the Service Industry Survey Center of the National Bureau of Statistics, said that in the future, it will explore the production and release of PMIs by industry and sub-region, making the index more representative of the industry and more accurately reflecting changes in the industry; in order to improve the accuracy of the survey, the sample size will be appropriately expanded. To improve the PMI segmentation index such as orders and inventory. Cai Jin, vice president of the China Federation of Logistics and Purchasing, said that the optimization and improvement of PMI will be a long-term process. It is first necessary to separately disclose the construction industry and the service industry in the non-manufacturing PMI, and it is imperative to expand the financial industries such as banking, securities, insurance and futures into non-manufacturing PMIs.

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