In January, the manufacturing purchasing managers' index (PMI) was 50.1%, up 3.1 percentage points from the previous month, rising above the critical point, and the level of the manufacturing boom rose significantly.

From the perspective of enterprise scale, the PMI of large enterprises was 52.3%, up 4.0 percentage points from the previous month, above the critical point; The PMI of small and medium-sized enterprises was 48.6% and 47.2% respectively, up 2.2 and 2.5 percentage points from the previous month, both below the critical point.

From the perspective of sub-indexes, among the five sub-indexes that constitute the manufacturing PMI, the new order index is higher than the critical point, and the production index, raw material inventory index, employee index and supplier delivery time index are all lower than the critical point.

The production index was 49.8%, an increase of 5.2 percentage points over the previous month, indicating that the level of manufacturing production boom has recovered rapidly.

The index of new orders was 50.9%, up 7.0 percentage points from the previous month, indicating that the demand in the manufacturing market has rebounded.

The inventory index of raw materials was 49.6%, up 2.5 percentage points from the previous month, indicating that the decline in the inventory of major raw materials in the manufacturing industry was significantly narrowed.

The employee index was 47.7%, up 2.9 percentage points from the previous month, indicating that the employment of manufacturing enterprises has increased.

The delivery time index of suppliers was 47.6%, up 7.5 percentage points from the previous month, indicating that the delivery time extension of raw material suppliers in the manufacturing industry has improved.