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In January the official manufacturing PMI data below the line ups and downs for the first time in 28 months, non manufacturing PMI hit a year low. China's first economic indicators, both yesterday's opening low, showed that the economy was still facing greater downward pressure this year. January official manufacturing PMI data below the line ups and downs for the first time in 28 months, non manufacturing PMI hit a year low. China's first economic indicators, both yesterday's opening low, showed that the economy was still facing greater downward pressure this year. In this regard, many analysts said, when the policy should be shot, the first quarter is still possible to cut interest rates or rrr. economic growth, inflation is expected to open lower China Federation of logistics and purchasing, the National Bureau of statistics data released yesterday showed that January manufacturing PMI fell to 49.8%, below the line ups and downs, a record low since September 2012. Previously announced in January HSBC manufacturing PMI also continue to stay below the 49.8% line ups and downs. on the same day announced in January China non manufacturing bu jordans on sale online siness activity index was 53.7%, last month fell 0.4 percentage points, 3.7 percentage points higher than the ups and downs of the line, indicating that the manufacturing sector still maintain the momentum of stable development in china. "before and after the Spring Festival, PMI trend will show some fluctuations, manufacturing performance is particularly prominent.". January manufacturing PMI weaker than the same period in previous years, the manufacturing sector is facing downward pressure, but the non manufacturing sector, especially the service related activities index is expanding, non manufacturing continues to maintain steady growth." National Bureau of Statistics Service Industry Survey Center Senior Statistician Zhao Qinghe analysis said. from historical data point of view, affected by new year's day, Spring Festival and seasonal factors, January has always been data depressions, nearly six years, except in 2012, the other year January PMI chain were down. "the current economic downward pressure still can not be ignored," Chinese Logistics Information Center Deputy Chief Economist Chen Zhongtao pointed out that in February, due to Cheap foamposites for sale the impact of the Spring Festival, there will be fluctuations in economic activity. 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