Many recent economic data show that China’s economy improved significantly, equipment manufacturing and other industries also picked up orders.

China Central Television quoted “News 60” of May 10 reported that a number of recent economic data show that China’s economy improved significantly, equipment manufacturing and other industries also picked up orders.

Sources point out that the next few months to reflect economic trends in China’s purchasing managers index in April was 53% for six consecutive months is to maintain a stable recovery trend. International orders last year were greatly reduced the equipment manufacturing, textile and other industries to varying degrees, have begun to be restored, some enterprises even better than in previous years performance. China’s textile industry is in the international financial crisis impact on one of the largest industries, from the second half of last year to January this year, in the purchasing managers index to sort in the textile industry are among the basic last, began to rise from February, in April the top eight, purchasing managers index rose from 28.1% to 54.4% all the way. In Jiangsu, many textile enterprises had a very clear signs of recovery, the realization of January-April output of 150.2 billion yuan, an increase of 5.8%.

News also pointed out that China’s Shanghai and Shenzhen stock markets focus on the majority of high-quality large-scale enterprises, as at present, in addition to a company, the 1624 all listed companies to disclose a quarterly, first quarter net profit of 203.76 billion yuan. Despite the year-on-year decline, but the fourth quarter of 2008 compared to approximately 4.5-fold increase. Situation specific to the industry, although there are four sectors of daily necessities such as a loss, but compared to the previous quarter, there are chemical, electric power industry into the black 11.