China's Manufacturing PMI Rises to 50.3 in December

2021-12-31
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BEIJING, Dec. 31 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector came in at 50.3 in December, up from 50.1 in November, data from the National Bureau of Statistics showed Friday.

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

Source: XinhuaA staff member works at a workshop of microwave oven factory of Midea Group, a Chinese home appliance giant, in Foshan City, south China's Guangdong Province, April 1, 2021. (Xinhua/Li Jiale)

BEIJING, Dec. 31 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector came in at 50.3 in December, up from 50.1 in November, data from the National Bureau of Statistics showed Friday.

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

Source: Xinhua