Global manufacturing PMI improved slightly in November, but downside risk remains

On December 6, according to the data of the China Federation of Things, with the increase in confidence in the recovery and development of the global economy, global manufacturing PMI rose slightly in November, but the weak fluctuation characteristics have not changed, and the downside risk still exists. The Asian manufacturing industry maintains a stable trend, which is an important supporting force for global economic recovery, while manufacturing in other regions still fluctuates below the boom bust line.

Affected by factors such as the traditional off-season of some manufacturing industries and insufficient market demand, the prosperity level of China's manufacturing industry has dropped slightly. With the continuous optimization and upgrading of the industrial structure and the deepening of the level of opening up, China's manufacturing industry is expected to show a steady and progressive trend and continue to develop steadily in December.