PMI decline does not affect the expansion of the machinery industry

Relevant data show that in December 2013, China's manufacturing purchasing managers index PMI was 51%, down 0.4% from the previous month. This is the first time that the index has fallen since June 2013, and the PMI index has declined, indicating the future economy. As growth has steadily declined, does the decline in manufacturing PMI have an impact on construction machinery?

In the fourth quarter of 2013, the steady growth of China's economy was further consolidated, and the composite index PMI, as well as new sub-items such as new orders and production, continued to rise steadily. The index level was higher than the third quarter and the same period of last year. To maintain the pattern of stable economic growth in 2014, macroeconomic control must be based on the expansion of domestic demand, to prevent the emergence of export variables that lead to insufficient economic growth; to accelerate the development of emerging industries and service industries, and to compensate for the growth brought about by the adjustment of traditional industries and surplus industries. Decline; accelerate the release of reform dividends, actively support the development of enterprises, improve corporate expectations, and enhance microeconomic vitality. Zhang Liqun analyzed that companies are still cautious about the future market, and they expect that the future industrial growth rate will decline, and the growth rate of exports may also decline. Economic growth still has some downward pressure.

We must persevere in the reforms in all aspects of economic and social development in all areas, and use reforms to promote development and promote the transfer of structure and promote people's livelihood. It is foreseeable that the various reforms that have already been implemented are bound to accelerate in 2014. Experts believe that the implementation of reforms requires that economic growth reach a certain level as a guarantee. Deep-seated economic reforms may not be able to release enough dividends in a short period of time to promote economic growth in 2014.

Although PMI experienced a temporary drop, experts still remained optimistic about the economic operation analysis in 2014. The gradual release of the reform dividend at the Third Plenary Session of the 18th CPC Central Committee will promote the economic growth in 2014. In this way, new types of projects such as urbanization will be guaranteed, which will increase the demand for construction machinery industry and promote the development of the industry.