First, the industrial producer price index (PPI), from March 2012 to August last year, after 54 months of negative growth trend, from September last year, from negative to positive, up to 5.5% in December, Industrial deflationary pressures have been greatly eased, boosting the company's future expectations and market confidence, improve the profitability of Ultrafine Mill enterprises and assets and liabilities.
Second, the manufacturing purchasing managers index (PMI), since March last year, basically are in the line of 50% above the line, the fourth quarter of more than 51% per month, indicating that manufacturing expansion momentum continues to increase. At the same time, another index is the new order index, in October, November, December were 52.8%, 53.2% and 53.2%, also shows that the market continues to pick up.
Third, from the industrial capacity utilization rate, the Ministry of Industry and long-term investigation of the 6000 industrial enterprises in the fourth quarter of 2016 comprehensive utilization rate of production capacity reached 74.1% for the four quarters of last year, the highest quarter. Coal, steel production capacity utilization is also a clear recovery, where both the work to the production effect, but also the market to pick up the factors.
Fourth, industrial and manufacturing investment growth for four consecutive months there has been steady rise in the trend, the end of the trend for 15 consecutive months before the decline. These conditions indicate that the main economic indicators of industry are improving, the momentum of stabilization is increasing, and positive factors are increasing.