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2015 January Figures China PMI

The official data regarding the January’s PMI was released, here the highlights of the report:
Chinese manufacturers saw a fractional deterioration in operating conditions at the start of 2015. Although output rose slightly and new orders broadly stabilised, staffing levels were cut from 15th consecutive month. Talking about costs, lower raw materials led to the steepest reduction in average input since march 2009.
The PMI according to the HSBc and Markit Economics posted at 49.7 slightly lower than the forecast of 49.8, but fractionally upper than the 49.6 shown in December. it represents a renewed expansion on the manufacture in China, representing the first rise on the figures for first time in the last three months. 

Meanwhile the official figures by the NBS of China shown a 49.8 reaffirming the expansion on the manufacture across the country. 

 

HSBC’s analyst Hongbin Qu, commented on the figures “The HSBC China Manufacturing PMI rose to 49.7 in the final reading for January, from 49.6 in December, and revised down from the flash reading of 49.8. Both new orders and new export orders saw downward revisions, but still signalled marginal expansion. We think demand in the manufacturing sector remains weak and more aggressive monetary and fiscal easing measures will be needed to prevent another sharp slowdown in growth.” 

Posted by Jesus David Cano Romano
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Why Manufacturing in China Can Give Your Business more Advantage?

China is one of the largest manufacturers in the world. It is the highest populated country in the world which gains a great impact on nearly 2 billion consumers towards the Chinese markets. This is a live example to demonstrate the standards of the manufacturing with China. It provides a better edge for the competition in manufacturing outsourcing industry.
Nearly, the market is outsourcing around thirty percent of the market per annum. Compared to the other countries, China is the best among the all other companies which are quite expensive in transactions. The manufacturing of the products in China helps us to make a best production at a best place with good quality. The Chinese manufacturing companies open the markets of the creation of more innovations and research.
The regulations in the Chinese markets in manufacturing were also very clear and cost effective to do the business for a long time in country. Comparing with the United States, the cost varies in different levels at all corners in the manufacturing field. This makes the China the best for everyone in the manufacturing field. So, the businesses are paying more attention towards this country.
The best advantages are

Better proximity to clients
Lower pricing and reasonable costs on labour
Helps in attracting potential and new customers towards us
Helps in increasing the market
Helps in cutting of expenses related various operational things like supply material, Labour, equipment and many more.

Posted by Jesus David Cano Romano