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制造业PMI连续两个月回升,后续怎么看?:——2025年9月PMI点评
EBSCN· 2025-09-30 10:42
2025 年 9 月 30 日 总量研究 制造业 PMI 连续两个月回升,后续怎么看? ——2025 年 9 月 PMI 点评 作者 执业证书编号:S0930522030001 021-52523880 liuxc@ebscn.com 相关研报 8 月经济运行的三点特征——2025 年 8 月 PMI 点评(2025-08-31) 7 月制造业 PMI 缘何回落?——2025 年 7 月 PMI 点评(2025-07-31) 外部扰动减弱,内生动能修复——2025 年 6 月 PMI 点评(2025-06-30) "抢出口"带动制造业 PMI 回暖——2025 年 5 月 PMI 点评(2025-05-31) 经济新动能加快释放——2025 年 3 月 PMI 点评(2025-03-31) 2 月制造业 PMI"开门红"——2025 年 2 月 PMI 点评(2025-03-01) 分析师:赵格格 执业证书编号:S0930521010001 0755-23946159 zhaogege@ebscn.com 分析师:刘星辰 1 月制造业 PMI 为何回落?——2025 年 1 月 PMI 点评(2025-01- ...
9月PMI出炉!金融业成亮点
券商中国· 2025-09-30 07:05
Core Viewpoint - The manufacturing PMI for September is 49.8%, indicating a 0.4 percentage point increase from August, marking two consecutive months of recovery, while the non-manufacturing business activity index remains stable at 50% [1][2] Manufacturing Sector - The manufacturing PMI has shown a slight increase, reflecting the effectiveness of various growth-stabilizing policies [2] - Among the 13 sub-indices, production index, new orders index, and procurement volume index have risen, while order-related indices remain below the threshold, indicating persistent demand challenges [2][3] - The equipment manufacturing and consumer goods sectors show rising purchasing price indices above 50%, suggesting increased raw material costs, while the basic raw materials sector faces pressure due to weak real estate investment [3] Non-Manufacturing Sector - The non-manufacturing business activity index is at 50%, indicating stability, with the financial sector's index exceeding 60%, providing a favorable environment for economic recovery [4][5] - New momentum industries, such as telecommunications and internet services, are performing well, with significant increases in business activity indices [5] - The construction sector remains weak, with indices below 50%, highlighting the need for improved project execution and funding [5] Economic Outlook - The third quarter saw a slight improvement in manufacturing PMI, averaging 49.5%, indicating a consolidation of economic recovery compared to previous quarters [6] - The non-manufacturing sector maintained stability, with an average business activity index of 50.1% for the third quarter [6] - Looking ahead to the fourth quarter, macroeconomic policies are expected to strengthen, with anticipated boosts in consumer demand and infrastructure projects driving economic activity [6][7] - Manufacturing firms exhibit increased optimism for the fourth quarter, with the production activity expectation index rising to 54.1% [7]
9月PMI出炉!制造业连升两月,金融业成亮点
Zheng Quan Shi Bao· 2025-09-30 04:48
9月30日,国家统计局服务业调查中心和中国物流与采购联合会发布的中国采购经理指数显示,9月份制 造业采购经理指数(制造业PMI)为49.8%,较8月上升0.4个百分点,实现连续两个月回升;非制造业 商务活动指数为50%,处于临界点,整体运行平稳;综合PMI产出指数保持扩张。 9月份中国非制造业商务活动指数为50%,环比下降0.3个百分点,位于临界点。中国物流与采购联合会 副会长何辉认为,9月份,商务活动指数较上月下降,但仍稳定在50%,与去年同期持平,显示非制造 业经营活动保持平稳。 分析指出,生产端和企业采购活动显现恢复迹象,稳增长政策效果正进一步显现。同期,非制造业运行 保持平稳,其中金融业商务活动指数升至60%以上,且好于去年同期,为经济回升提供了有利的金融环 境。不过,分析也指出,市场需求不足仍是当前核心挑战,制造业订单类指数均处于荣枯线以下,同时 建筑业活动偏弱,反映出经济复苏的基础尚需加固。展望四季度,在宏观政策加力,节假日消费、项目 发力及企业乐观预期的共同推动下,宏观经济有望继续向好回升。 制造业PMI连续两个月上升 9月份制造业PMI为49.8%,比上月上升0.4个百分点,连续两个月上升。中 ...
陕西有色建设有限公司因在施工项目中存在安全隐患问题被罚1万元
Qi Lu Wan Bao· 2025-09-25 01:29
近日,北京市密云区住房和城乡建设委员会(以下简称"密云区住建委")对陕西有色建设有限公司因在施工项目中存在安全隐患问题,依法处以1万元罚 款。该处罚决定已于2025年9月23日正式生效。 据处罚文书(京建法罚(密建)字〔2025〕第710019号)显示,2025年6月21日,密云区住建委安全监督科在对"北京密云经济开发区科技路55号新建厂房及 附属用房项目(1#厂房等7项)"进行检查时,发现陕西有色建设有限公司在施工过程中存在两项安全问题:一是2#楼西侧高处作业吊篮上升限位开关失效, 不符合《GB/T19155-2017》第8.3.10.3条规定;二是1#楼与2#楼之间架空电线垂直距离最低点小于6米,违反《JGJ/T46-2024》第8.1.3条要求。上述问题均属 一般性事故隐患。 2025年8月12日,密云区住建委向该公司下发《责令改正通知书》,要求于8月15日前完成整改。陕西有色建设有限公司对违法事实无异议,未提出陈述和申 辩。依据《北京市建设工程施工现场管理办法》第十三条第一款及第三十一条规定,密云区住建委对该公司作出罚款1万元的行政处罚。该处罚信息公示期 将持续至2026年9月22日。 产经新闻爆料电 ...
违法分包!中国机械工业建设集团被罚,此前被华电系统“拉黑”
Qi Lu Wan Bao· 2025-09-21 23:02
近日,齐鲁晚报·齐鲁壹点记者从信用中国获悉,中国机械工业建设集团有限公司因承包单位将承包的工程转包或违法分包案,被衢州市综合行政执法局罚 款8.5万余元。 违法事实为:当事人中国机械工业建设集团有限公司于2024年10月22日将浙江省衢州市柯城区智造新城园区大道西侧,纬二路北侧,经西路东侧某项目的消 防专业工程违法分包某公司,当事人该行为违反了《建设工程质量管理条例》第二十五条第三款的规定,根据《建设工程质量管理条例》第七十三条的规 定,对当事人作出如下行政处罚决定:处以罚款人民币捌万伍仟零捌拾叁元叁角(¥85,083.30)。 此外,齐鲁晚报·齐鲁壹点记者从中国华电集团电子商务平台不良行为供应商公告中看到,中国机械工业建设集团有限公司于2025年4月17日被纳入不良行为 供应商,在生效期限内,取消其在华电系统内交易资格。 | 辱言 | 供应商名称 | 脚 | | --- | --- | --- | | 60 | 中国机械工业建设集团有限公司 | 2025年04月17日至2027年04f | 该公司官网显示,中国机械工业建设集团有限公司(中机建设,SINOCONST)前身是中国机械工业建设总公司,始建于195 ...
中建五局三公司大悦未来城景悦府项目开展“质量月”活动
Zhong Guo Zhi Liang Xin Wen Wang· 2025-09-10 06:38
Core Viewpoint - The company is actively promoting quality improvement initiatives in response to the "Quality Month" campaign for 2025, aiming to establish a solid foundation for high-quality development [1] Group 1 - The project organized a quality inspection activity, integrating theoretical knowledge with practical application by studying important documents related to quality management [3] - A comprehensive on-site quality inspection was conducted, focusing on quality defects, common issues, and management regulations to address problems proactively [3] - The project team committed to ongoing quality activities, including knowledge competitions, training, and lectures, to contribute to high-quality engineering construction [3]
特变电工国际工程公司大手笔增资,注册资本跃升至15亿!
Sou Hu Cai Jing· 2025-09-04 11:01
Core Viewpoint - The recent capital increase of TBEA International Engineering Co., Ltd. from 800 million RMB to 1.5 billion RMB, representing an 87.5% increase, signifies a strong impetus for the company's future development [1][2][4] Group 1: Company Changes - The registered capital of TBEA International Engineering Co., Ltd. has significantly increased, which is expected to enhance its market competitiveness and operational capabilities [1][2] - Key personnel adjustments have been made within the company, which will likely impact future strategic planning and business layout [1][3] Group 2: Business Scope and Opportunities - The company operates in various sectors, including construction, civil engineering, and municipal public facility management, and the capital increase is anticipated to optimize and expand these business areas [1][3] - With the increase in capital and management adjustments, TBEA International Engineering Co., Ltd. is positioned to achieve breakthroughs in more fields [2][4]
宁波建工:子公司中标7.29亿元宁波市江北区JB15—06—17/20地块三标段项目
Xin Lang Cai Jing· 2025-09-02 08:28
Group 1 - The company Ningbo Construction announced on September 2 that its wholly-owned subsidiary, Ningbo Construction Jianle Engineering Co., Ltd., has received a bid notification from Ningbo Chenghong Real Estate Co., Ltd. and Dewey Engineering Management Consulting Co., Ltd. [1] - The company has been awarded the contract for the JB15-06-17/20 plot in Jiangbei District, Ningbo, with a winning bid amount of 729 million yuan [1]
2025年8月PMI数据点评:受短期影响因素减弱等推动,8月宏观经济景气度回升
Dong Fang Jin Cheng· 2025-09-01 08:43
Economic Indicators - In August 2025, China's manufacturing PMI rose to 49.4%, an increase of 0.1 percentage points from July[1] - The non-manufacturing business activity index reached 50.3%, up 0.2 percentage points from July, with the services PMI at 50.5%, increasing by 0.5 percentage points[1] - The comprehensive PMI output index improved to 50.5%, up 0.3 percentage points from the previous month[1] Manufacturing Sector Insights - The new orders index for manufacturing increased by 0.1 percentage points to 49.5%, while the manufacturing production index rose by 0.3 percentage points to 50.8%[2] - The manufacturing production expectations index increased by 1.1 percentage points to 53.7%, indicating improved confidence[2] - The new export orders index rose by 0.1 percentage points to 47.2%, but remains below the 10-year average of 48.0%, suggesting potential risks for future export growth[2] Price Trends and Market Dynamics - The PPI is expected to turn positive month-on-month, with a year-on-year decline narrowing to approximately -2.8%[3] - The high-tech manufacturing PMI index reached 51.6%, a significant increase of 1.3 percentage points, reflecting strong demand and policy support[3] Service and Construction Sector Analysis - The services PMI index improved to 50.5%, driven by increased consumer activity during the summer and a strong stock market[4] - The construction PMI index fell to 49.1%, a decrease of 1.5 percentage points, influenced by adverse weather and a cooling real estate market[5] Future Outlook - The manufacturing PMI is projected to slightly decline to around 49.3% in September, influenced by external trade agreements and ongoing adjustments in the real estate market[6] - Anticipated government policies aimed at boosting consumption and stabilizing the real estate market may provide support in the fourth quarter, with potential monetary easing measures expected[6]
中天建设集团有限公司因违规托运危险货物被浦东海事局处罚1万元
Qi Lu Wan Bao· 2025-08-29 01:48
Core Points - The article reports that Pudong Maritime Bureau has imposed an administrative penalty on Zhongtian Construction Group Co., Ltd. for violating maritime cargo shipping regulations, resulting in a fine of 10,000 RMB [1][2] - The company was found to have mixed dangerous goods with ordinary cargo or misrepresented dangerous goods as ordinary cargo during shipping, violating the Maritime Traffic Safety Law of the People's Republic of China [1][2] Company Information - Zhongtian Construction Group Co., Ltd. was established on April 3, 1998, with a registered capital of 325.3 million RMB [1] - The legal representative of the company is Wu Haitao, and its registered address is located at 65 Wuning East Road, Dongyang City, Zhejiang Province [1] Regulatory Details - The penalty was based on Article 109(3) of the Maritime Traffic Safety Law and Article 32(1) of the Administrative Penalty Law of the People's Republic of China [1][2] - The penalty decision was issued on August 28, 2025, under the document number Maritime Penalty [2025] 01072000413-1-1 [1][2]