China's economy recovers: PMI reaches growth, expos strengths trade!

China's economy recovers: PMI reaches growth, expos strengths trade!

Qingdao, Shandong Province, China - In the past few months, global manufacturing activity has revived again. The Purchasing Managers' Index (PMI) rose in June at 0.3 points to 49.5, which is still below the growth limit of 50, but indicates stabilization. Asia's PMI, which is well above the global cut at 50.7, is particularly striking. This shows that the region is currently blooming, while the global economic sites are still shadowing uncertainties. As the Global Times , China's economic resilience is a central factor for this positive development in Asia.

china shows unusually strong progress. Despite still existing challenges with the demand from the United States, as the Econotimes documented in a recent report, a reduced trading burden of a newly caught agreement between China and the USA is mentioned as a key factor. The official PMI for the manufacturing industry in China recorded an improvement to 49.7, which was above the expectations of the analysts and signaled a less pronounced contraction. It is interesting that eleven out of 21 surveyed industries in China already operate in the expansion area, which indicates lightening of the terms and conditions.

trade fairs as stabilizers

In order to further promote economic stability, China supports international cooperation through trade fairs and exhibitions, such as the upcoming third party China International Supply Chain Expo in Beijing. This takes place from July 16 to 20 and Thailand is recognized as a guest of honor. Over 650 companies from 75 countries have agreed to participate, including numerous Global Fortune 500 companies. Such events are considered important stabilizers for global industrial and supply chains, especially in times of protectionism and geopolitical uncertainty.

In addition, China also shows positive numbers in the area of ​​industrial production. In May, industrial production grew by 5.8 percent of the year, while state -of -the -art production even increased by a remarkable 8.6 percent. This growth rate exceeds the general industrial development, which further underlines the load -bearing capacity and innovative strength of the Chinese sector.

global merchant data in focus

The importance of transparent merchant data cannot be emphasized enough, especially in a rapidly changing global market. Platforms such as UN Comtrade offer free access to global merchant data- from annual figures. A look at the historical time series can help companies make better decisions. In addition, the WTO aims to reduce trade barriers and thus promote free trade between the nations. International initiatives such as the United Nations conference for trade and development (Unctad) and international trade centers strengthen competitiveness, especially from small and medium-sized companies in developing and transformation countries.