In December, China's manufacturing PMI fell, and most companies believed that the market is expected to pick up

(Reporter Wang Enbo). The National Bureau of Statistics of China reported on December 31st that China's Manufacturing Purchasing Managers Index was (PMI) 47.0% in December 2022. This is a decrease of 1.0 percentage point from the previous month. Production index and new orders index were respectively at 44.6%, 43.9% and 43.9 %, respectively. These numbers are 3.2 and 2.5 percentage point lower than the previous month. The supplier delivery time index fell to 40.1% at the same time. The business activity index for the civil engineering industry was 57.1%. This indicates that, thanks to various policies and measures, such as the promotion major project construction, civil engineers construction enterprises have maintained a relatively rapid construction progress.

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