According to the China Voice of China's "News and Newspaper Digest" report, the China Federation of Logistics and Purchasing released on April 6 that the global manufacturing purchasing managers' index in March was 50.3%, an increase of 1.2 percentage points from the previous month. Returning to the expansion range of more than 50%, the global economy is rising steadily.
Data show that in the first quarter, the average global manufacturing purchasing managers index was 49.6%, higher than the average level of 47.9% in the fourth quarter of last year. In March, the global manufacturing industry continued to accelerate its recovery based on the stable recovery in the previous two months, and the overall recovery trend was better than that in the fourth quarter of last year. The accelerated recovery of manufacturing industries in China and the United States has contributed to the steady upward trend of the global economy.
Xu Hongcai, deputy director of the Economic Policy Committee of the China Policy Science Research Society: The global manufacturing PMI rebounded strongly in March, which is reflected in the new orders index and production index in the PMI, including the increase in foreign trade orders, reflecting that the total demand of the world economy has Starting to pick up.
Asia's manufacturing industry continues to rise steadily, with the manufacturing purchasing managers' index rising to more than 51%; the recovery of the manufacturing industry in the Americas has strengthened from the previous month, with the manufacturing purchasing managers' index rising to more than 50%; the recovery of the European manufacturing industry is stable, but the intensity On the weak side, the manufacturing purchasing managers index is still below 50%.
Experts analyze that in the second quarter, whether the global economic recovery can continue to recover quickly depends on the recovery intensity of global market demand, the improvement of the policy environment and the mitigation of adverse factors affecting global trade.
Xu Hongcai: Countries should strengthen macroeconomic policy coordination, especially to control the irrational rise in global commodity prices. Countries should strengthen economic and trade cooperation, reduce man-made obstacles, promote smooth logistics and coordinate industrial chains.