The Service Industry Survey Center of the National Bureau of Statistics and the China Federation of Logistics and Purchasing released data on the 4th, showing that in February, the Purchasing Managers' Index (PMI) for the manufacturing industry was 49.0%, a decrease of 0.3 percentage points from the previous month. In February, the manufacturing PMI was 49.0%, indicating a decline in business sentiment compared to the previous month. From historical data, PMI in the month of the Spring Festival tends to fluctuate, especially with the extension of the Spring Festival holiday this year and the entire tribe in mid to late February, which has had a certain impact on enterprise production and operation, and the overall activity of the manufacturing market has declined. ”Huo Lihui, Chief Statistician of the Service Industry Survey Center of the National Bureau of Statistics, said. According to Huo Lihui's analysis, the production index and new order index were 49.6% and 48.6% respectively, a decrease of 1.0 and 0.6 percentage points from the previous month, indicating a decline in manufacturing production and market demand. From the perspective of industries, the production index and new order index of agricultural and sideline food processing, computer communication and electronic equipment and other industries are both above the critical point, and the level of production and demand prosperity continues to expand; The two indices of textile, clothing, apparel, and automotive industries continue to be below the critical point, indicating weak market activity. Data shows that in February, the PMI of large enterprises was 51.5%, an increase of 1.2 percentage points from the previous month, and the production and operation of large enterprises continued to expand; Small and medium-sized enterprises were greatly affected by the Spring Festival holiday, with PMI levels of 47.5% and 44.8% this month, a decrease of 1.2 and 2.6 percentage points from the previous month, indicating a decline in the overall economic situation. In addition, the growth momentum of high-tech manufacturing industry continues to emerge. The PMI of high-tech manufacturing industry is 51.5%, continuing to be in the expansion range, significantly higher than the overall level of manufacturing industry, and the development trend of related industries is good; The PMI of the consumer goods industry was 48.8%, an increase of 0.5 percentage points from the previous month, indicating a rebound in the economic situation; The PMI for equipment manufacturing and high energy consuming industries were 49.8% and 47.8%, respectively, a decrease of 0.3 and 0.1 percentage points from last month, indicating a slight decline in the level of prosperity. The expected index of production and operation activities is 53.2%, up 0.6 percentage points from last month, indicating that manufacturing enterprises have increased confidence in market development after the Spring Festival. From an industry perspective, the expected index of production and operation activities in industries such as general equipment, railway ships, aerospace equipment, etc. are all in the high prosperity range of 56.0% or above, and related enterprises are more optimistic about the recent development of the industry. ”Huo Lihui said. (New Society)