节点：下游（终端消费/应用）位置：下游情绪：中性参考度：2/10
11月中国采购经理指数发布，制造业PMI为49.2%，较上月上升0.2个百分点；非制造业商务活动指数49.5%，下降0.6个百分点；综合PMI产出指数49.7%，下降0.3个百分点，经济景气水平总体平稳。制造业PMI小幅回升，景气改善，产需两端有所好转：生产指数升至50.0%（临界点），新订单指数49.2%，分别上升0.3和0.4个百分点。分行业看，农副食品加工等行业产需活跃，石油煤炭加工等行业景气偏低。
企业规模方面，小型企业PMI49.1%，较上月升2.0个百分点至近6个月高点；大型企业49.3%降0.6个百分点，中型企业48.9%升0.2个百分点。高技术制造业PMI50.1%，连续10ĸ..
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