New Energy Vehicles Lower Overall Performance in June

According to data released jointly by the China Academy of Science and Technology Development Research Institute and China Mining Consulting, today's China's strategic emerging industry purchasing managers index (EPMI) was 53.2%, down 1.6 percentage points from the previous month.

From the 13 sub-indexes, compared with the previous month, among the positive indicators, imports and self-owned inventories increased compared with the previous month, of which the increase in imports and self-inventory indices was more obvious, which was an increase of more than 2 percentage points. The decline in other positive indicators, including purchase prices, R&D activities, and operating expectations, has seen a more pronounced drop in the index, with a decline of more than 4 percentage points. In the reverse index, the user inventory index rose by 8.1 percentage points, and the supplier distribution index rose by 0.1 percentage point.

China Mining Consulting Yu Ying believes that the strategic emerging industries PMI fell slightly this month, but it is a normal seasonal contraction, seasonal fall is a normal trend, the new energy auto industry is in the off-season, significantly lowering the performance of the national index, the index is expected July is still at a low level. The increase in inventories of subdivided indicators is more obvious, indicating that companies have a certain expectation for the future market. In addition, from other subdivision indicators, the trend of strategic emerging industries PMI and the GEM stock index maintained a high degree of consistency.

Liu Feng of the China Academy of Science and Technology Development believes that although the strategic emerging industry PMI still operates at a high of 53.2, it has been declining for three consecutive months since April of this year. If the downward trend continues in July, the future prosperity of the industry The situation deserves special attention. With the launch of the China Manufacturing 2025 Plan and the establishment of new industrial boards and other policy measures, the strategic emerging industries will continue to look promising.

From the sub-industry index, there are two industries PMI index is higher than 55, and one industry index is lower than 50. The highest PMI is the new material industry, and the lowest PMI is the new energy automobile industry.

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