ChinaUS EUROPEASIA 中文双语Français
Business\Economy

China's Caixin manufacturing PMI hits four-month high in July

Xinhua | Updated: 2017-08-01 11:49

BEIJING - China's manufacturing activities expanded at the fastest pace in four months in July on back of economic stabilization, a private survey showed on Tuesday.

The Caixin China General Manufacturing Managers' Index (PMI) stood at 51.1 for July, up from 50.4 in June, the highest level in four months, according to the survey conducted by financial information service provider Markit and sponsored by Caixin Media Co Ltd.

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

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US