By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.
I agree
Search Trends
SITEMAP
Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
SITEMAP
Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
China's August purchasing managers' index (PMI) fell to 49.1 from 49.4 in July, according to data released by the National Bureau of Statistics (NBS) on Saturday.
A worker at a manufacturing company in Qingzhou Economic Development Zone, East China's Shandong Province, Aug 31, 2024.
The drop was mainly due to a decline in new orders caused by extreme weather, said NBS senior statistician Zhao Qinghe. However, the PMI of high-tech and equipment manufacturing industries came in at 51.7 percent and 51.2 percent, respectively, shifting into the expansion territory.
China's non-manufacturing PMI rose to 50.3 in August from 50.2 in July, according to the NBS data.
The official composite PMI in August, which covers both manufacturing and services activities, edged down slightly to 50.1 from 50.2 in July.