Connect with us

Hi, what are you looking for?

Imsilkroad

China’s manufacturing PMI edges up to 51.9 in March

Abstract : The purchasing managers' index (PMI) for China's manufacturing sector came in at 51.9 in March, edging up from 50.6 of February, data from the National Bureau of Statistics (NBS) showed Wednesday.

BEIJING, March 31 (Xinhua) — The purchasing managers’ index (PMI)
for China’s manufacturing sector came in at 51.9 in March, edging up
from 50.6 of February, data from the National Bureau of Statistics (NBS)
showed Wednesday.

A reading above 50 indicates expansion, while a reading below reflects contraction.

The rise came as factory activity recovered at a faster pace after
the Spring Festival holiday, which fell in February this year, NBS
senior statistician Zhao Qinghe said.

The sub-index for production stood at 53.9 in March, up 2 percentage
points from a month earlier, while that for new orders rose 2.1
percentage points to 53.6, which indicates faster expansion of
production and demand in the manufacturing sector.

The new export order and import sub-indexes also rose to 51.2 and 51.1, respectively.

Wednesday’s data also showed that the PMI for China’s
non-manufacturing sector came in at 56.3 in March, up from 51.4 of
February. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal. China’s silk road economic belt and the 21st century maritime silk road website, include BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: China’s manufacturing PMI edges up to 51.9 in March

Press Release Wring Service
Press Release Wring Service Senmer Press Release Service

Trending

You May Also Like

Purifier

Hot selling well newest reserch humidifier with three grades mist output air purifiers 1 Specification& function Specification Product name 6-Stage Purification Air Purifier With Negative Anion and Humidifier Model No. OLS-K05 Negative ionic releasing(/cm3) 50 million...

Purifier

Best indoor air purifier small house purification with HEPA Porduct Name Air Purifier Model A3 Style Household / business type Lowest Noise 30 dB Particulate CADR 200m³/h Highest Noise 58 dB Voltage 110 / 220V(Optional) Rated Power...

Sticky Post

Repost Your Products Articles To Web2.0 + Social Sites + Photo Sites + Bookmark Sites 0.5$ to publish 1 article to 15 sites,average just...

Purifier

We believe that always we would hear the hydrogen water have antioxidation fuction, actually we don’t know what is antioxidation and why it’s so...