11月中国制造业PMI回升至49.2%

Group 1 - The manufacturing Purchasing Managers' Index (PMI) for November in China is reported at 49.2%, an increase of 0.2 percentage points from the previous month, indicating an improvement in economic conditions [1] - The production index and new orders index for November are 50.0% and 49.2%, respectively, with increases of 0.3 and 0.4 percentage points from last month, suggesting improvements in both production and demand [1] - Industries such as agricultural and sideline food processing, as well as non-ferrous metal smelting and rolling processing, show production and new orders indices in the expansion zone, indicating active supply and demand [1] Group 2 - The PMI for large enterprises is 49.3%, a decrease of 0.6 percentage points from last month; medium enterprises' PMI is 48.9%, an increase of 0.2 percentage points; and small enterprises' PMI is 49.1%, an increase of 2.0 percentage points, reaching a six-month high [1] - The high-tech manufacturing PMI stands at 50.1%, remaining above the critical point for ten consecutive months, indicating continued growth in related industries [1] - The PMI for high-energy-consuming industries is 48.4%, an increase of 1.1 percentage points from last month, showing a low-level recovery in economic conditions [1] Group 3 - The production and business activity expectation index for manufacturing enterprises is 53.1%, an increase of 0.3 percentage points from the previous month, reflecting improved confidence among manufacturers [2] - Industries such as non-ferrous metal smelting and rolling processing, as well as railway, shipbuilding, and aerospace equipment, have production and business activity expectation indices above 57.0%, indicating a more optimistic outlook for industry development [2]