The PMI (Purchasing Manager Index) of CFLP (China Federation of Logistics and Purchasing) in April, 2009 is 53.5%, 1.1% higher than that for March.

As a composite index, the manufacturing PMI consists of 5 major diffusion indexes by weighting, as usually practised globally. Generally, a PMI above 50% reflects an overall expansion of the economy, but a PMI lower than 50% implies a recession.

The PMI for April has indicated the continuous recovery of the Chinese economy, which has also been indicated by the growths of investment, consumption and export in the 1st quarter. In March, the industrial growth rate in China remarkably rose to 8.3% from 3.8% in Jan to Feb, which shows that the economic recovery trend reflected by the PMI since Dec, 2008 is rational. PMI, foreshowing earlier the appearance of the turning point of economy, has become an important leading indicator for the observation of economic trends.

The Chinese Manufacturing PMI continues to rise this month. The PMI for 15 of 20 industries is above 50%, including beverage manufacturing. 

The NOI (New Order Index) has continued to rise above 50% for 3 months in succession. The NOI is 56.6% this month, 2.0% higher than that for last month. Among 20 industries, 7 ones represented by beverage manufacturing have NOI above 60%.

The PI (Production Index) has been going up above 50% for 3 months in succession. The PI is 57.4% this month, 0.5% higher than that for last month. Among 20 industries, 6 ones with by beverage manufacturing as the representative have PI above 60%.

The PPI (Purchasing Price Index) has also risen above 50%, which is the first time ever since Sep, 2008. The PPI is 51.3% this month, 3.0% higher than that for last month. Among 20 industries, 6 ones represented by beverage manufacturing have PI above 60%.