
The purchasing managers' index (PMI) for China's manufacturing sector rose to 50.1 in January from 47 in December, according to National Bureau of Statistics data released Tuesday (Jan. 31).
A reading of 50 or higher indicates expansion, while a reading of 50 or lower indicates contraction.
In January, the sub-index for large enterprises was 52.3, up 4 percentage points from the previous month.
Demand in the manufacturing sector also increased, with the sub-index for new orders increasing by 7 percentage points month on month to 50.9.
According to the data, the sub-index for production was 49.8, up 5.2 percentage points from last December.
Tag:·China· PMI· manufacture· up
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