内需推高中国8月PMI（收益）

　　Strong domestic demand helped Chinese manufacturing growth record a marginal increase in August, despite a sharp fall in export demand.

　　尽管出口需求大幅下滑，但得益于强劲的国内需求，8月份中国制造业实现了小幅增长。

　　The country’s official purchasing managers’ index climbed 0.2 points to 50.9 in August after falling for four consecutive months. China’s official PMI had fallen to a 28-month low in July as the manufacturing sector was hit by Beijing’s anti-inflationary measures and a decline in demand from some of the largest buyers of Chinese goods amid signs of a global slowdown.

　　在连续4个月下降后，中国8月份官方采购经理人指数(PMI)上升了0.2，至50.9。该指数7月份曾降至28个月的低点，原因是全球放缓迹象明显，迫使一些最大的中国商品买家削减了需求，加之中国政府出台的抑通胀措施，使得制造业受到很大冲击。

　　A figure above 50 denotes expansion, while a reading below that level points to contraction.

　　PMI读数高于50，表明制造业活动处于扩张状态，低于50则表明制造业出现萎缩。

　　It remained unclear if August’s recovery could be sustained, however, as manufacturing activities usually make a bounce back after the traditionally quiet month of July.

　　然而，8月份的复苏能否持续尚不清楚，因为在素来清淡的7月份过后，制造业活动通常都会出现反弹。

　　A sub-index measuring new orders showed that overall demand had stayed at the same level as July’s despite an accelerated fall in new export orders, a sign that domestic orders had provided strong support.

　　衡量新订单的分项指数显示，尽管新增出口订单出现加速下滑，总体需求仍然与7月持平，这表明国内订单提供了强力支撑。

　　August’s small increase showed that the slowdown was gradually stabilising, but uncertainties remained as far as demand was concerned, said the China Federation of Logistics and Purchasing in a statement accompanying the data release.

　　中国物流与采购联合会(China Federation of Logistics and Purchasing)在伴随数据发布的一份声明中表示，8月PMI的小幅上升，意味着制造业放缓趋势正得到逐步稳定，但从需求方面看仍然存在不确定性。

　　While the official measure of Chinese factory growth has remained above the expansionary threshold of 50 in recent months, a separate PMI published by HSBC for July had shown that the sector had contracted for the first time in a year.

　　尽管近几个月来，这一衡量中国制造业增长的官方指标一直维持在50的扩张临界值之上，但汇丰(HSBC)发布的另一项PMI指数的7月数据显示，制造业出现了今年的首次萎缩。