北京— 根据周一发布的一项私人调查,，中国的 5 月份制造业活动扩张速度快于预期,，尽管增速较上个月有所放缓，且与较疲软的官方数据形成鲜明对比，表明该行业势头较弱。
BEIJING — China的 manufacturing activity expanded faster than expected in May, according to a private survey released Monday, although growth slowed from the previous month and contrasted with softer official data pointing to weaker momentum in the sector.
The RatingDog China General Manufacturing Purchasing Managers Index, compiled by S&P Global, came in at 51.8, a touch above the 51.6 expected in a Reuters poll.
The reading was down from April的 52.2, indicating a slower pace of improvement in manufacturing conditions. The 50 mark separates expansion from contraction.
"While the rate of growth eased, it remained among the highest observed over the past five years," said Yao Yu, founder of credit research firm RatingDog.
New export business saw a slight decline in May, the RatingDog PMI report said, while employment also "contracted marginally."
报告称，尽管由于原材料和能源价格上涨, 以及供应链中断,，成本仍然居高不下，但经季节性调整后的投入价格在 5 月份较上月下降，为半年来首次,。
Seasonally adjusted input prices fell in May from the prior month for the first time in half a year, although costs remained elevated due to higher prices for raw materials and energy, as well as supply chain disruptions, the report said.
The private survey of Chinese manufacturers noted optimism for growth over the next 12 months, based partly on "new product launches, technological breakthroughs and improved production capacity."
由于RatingDog 调查抽样的是较小群体的出口导向型制造商,，因此通常与官方制造业PMI, 不同，官方制造业PMI, 涵盖了中国 制造业的更广泛领域。
Because it samples a smaller group of export-oriented manufacturers, the RatingDog survey often differs from the official manufacturing PMI, which covers a broader segment of China的 manufacturing sector.
China的 official manufacturing PMI for May fell to 50 in May from 50.3 in April, in line with expectations and its lowest since a 49 print in February, according to data released Sunday.
Overall, the official PMI suggests "subdued manufacturing sector growth, increased services activity, and continued decline in the construction industry," Goldman Sachs analysts said in a report Sunday.
The mixed manufacturing signals come as China的 broader economy continues to show uneven momentum.
While China的 retail sales growth hit a 40-month low in April, official figures showed overall domestic tourism and spending picked up during an extended May 1 holiday.中国酒店集团H World表示，按入住率计算，最受欢迎的10个目的地都位于较小的城市。这些地区的房价往往低于主要城市。
While China的 retail sales growth hit a 40-month low in April, official figures showed overall domestic tourism and spending picked up during an extended May 1 holiday. Chinese hotel group H World said the 10 most popular destinations by occupancy rate were in smaller cities. Rates tend to be lower in those regions than major cities.
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