2024年9月PMI点评：经济景气总体改善，未来将持续向好

Economic Indicators - The manufacturing PMI for September is 49.8%, a significant increase of 0.7 percentage points from August, reversing the downward trend since Q2[3] - The comprehensive PMI output index rose by 0.3 percentage points to 50.4%, indicating overall economic improvement[3] Manufacturing Sector Performance - The production index surged by 1.4 percentage points to 51.2%, indicating accelerated manufacturing activity[4] - The new orders index increased by 1.0 percentage points to 49.9%, reflecting improved market demand[4] - The PMI for large, medium, and small enterprises are 50.6%, 49.2%, and 48.5% respectively, with small enterprises showing a notable improvement of 2.1 percentage points[6] Industry Insights - High-tech manufacturing and equipment manufacturing sectors continue to lead, with PMI indices rising by 1.3 and 0.8 percentage points to 53.0% and 52.0% respectively[6] - The strategic emerging industries PMI rose significantly by 4.5 percentage points to 53.3%, marking a return to expansion after three months of contraction[6] Future Outlook - Continued implementation of policies aimed at high-quality development is expected to enhance economic conditions, particularly in real estate and related sectors[10]