LINE

    Text:AAAPrint
    Economy

    China's manufacturing sector expands for third straight month

    2023-03-31 11:47:12chinadaily.com.cn Editor : Li Yan ECNS App Download

    An employee works at a smart production facility in Tianjin in June. (Photo/Xinhua)

    China's manufacturing sector expanded for the third straight month in March while non-manufacturing activity grew at the fastest pace in recent years, data from the National Bureau of Statistics showed on Friday.

    The official purchasing managers index for China's manufacturing sector stood at 51.9 in March, down from 52.6 in February but still marking the second-highest level in almost two years, the NBS said.

    The PMI reading has stayed above the 50-point mark that separates growth from contraction for the third month in a row.

    Despite a slowdown compared with February, production and market orders of the manufacturing sector continued to expand rapidly this month, said Zhao Qinghe, a senior NBS statistician, adding that the sub-index gauging enterprises' purchasing activity stood at 53.5 in March, the highest reading in more than two years.

    China's non-manufacturing PMI came in at 58.2 in March, up from 56.3 a month earlier, marking the highest level in recent years. Also, the country's official composite PMI, which includes both manufacturing and non-manufacturing activities, came in at 57 compared with 56.4 in February, according to the NBS.

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    LINE
    Back to top About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2023 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    [網上傳播視聽節目許可證(0106168)] [京ICP證040655號]
    [京公網安備 11010202009201號] [京ICP備05004340號-1]
    主站蜘蛛池模板: 丽江市| 安丘市| 彰化市| 洛南县| 四川省| 仙游县| 开江县| 赤城县| 城口县| 汪清县| 郓城县| 延长县| 长宁县| 高阳县| 苏州市| 内丘县| 澜沧| 泽普县| 崇文区| 临洮县| 珠海市| 祁门县| 临西县| 化隆| 团风县| 会昌县| 曲水县| 信丰县| 温宿县| 克山县| 隆尧县| 广元市| 佛教| 鄢陵县| 田阳县| 龙泉市| 宜昌市| 鹤庆县| 新闻| 迁安市| 五原县|