China's manufacturing crept in two years, with the fastest speed and a survey released on Thursday, in another sign, is the world's second largest economy in the future economic recession.
The preliminary version of the HSBC bank monthly purchasing managers index rose for the fifth month in a row to 51.9 in January from December 51.5. 100 points within the scope of the index above fifty shows that expansion.
China's economic rebound from the 2008 years since the global financial crisis, the deepest recession, but many analysts predict that recovery will be weak, don't know if it will last.
HSBC bank QuHongBin China chief economist, said new business income allows manufacturers to step up production, increasing employment opportunities, make more purchase.
"Although the external demand remains tepid, domestic drive stocking process may increase steam, China in the coming months of continuous recovery," song said.
HSBC bank according to the index is from 85% to 90% of the purchasing supervisor, in the 420 survey of manufacturers. The full version is due on February 1,.
And domestic demand holding to rise, demand goods such as clothing, toys and electronic product shipments is uncertain because the weakness of American recovery and European austerity measures. Export-oriented manufacturing employees millions of Chinese workers, although the country's trade dependence has weakened, the domestic consumption growth.
In the last quarter of last year, China's economy grew by 7.9% in the second quarter, from 7.4%, according to data released earlier this month. In 2012, the economy grew by 7.8%, since the 1990 s the slowest annual performance.
Watching index economists pay close attention to China how to implement in the near future any signs.
Many people predicted will rebound in the next few months ago ease produce annual growth of around 8%, far below double-digit rate in the past ten years, reach the top.
YaoWei, societe generale's economists point out that, according to the survey of index production continue to grow, but at a slower speed, and new orders slightly lower. Similar slowdown, previous cycle is usually three to four months before the peak.
"So, the next few years the evaluation report more robust economic growth can get how many will be crucial," she wrote in a report.



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