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Economy

China's composite PMI stands at 53.3 in May

May 31, 2019


Abstract : The composite purchasing managers' index of China stood at 53.3 in May, slightly down 0.1 percentage points from the previous month, as the country's corporate business activities remained basically steady, the National Bureau of Statistics said Friday.

BEIJING, May 31 (Xinhua) -- The composite purchasing managers' index of China stood at 53.3 in May, slightly down 0.1 percentage points from the previous month, as the country's corporate business activities remained basically steady, the National Bureau of Statistics said Friday.

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

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Keyword: composit PMI

Reading:

China likely to see accelerated fixed-asset inv't growth in April amid stable consumption

China's manufacturing PMI remains stable in April

Commentary: China's economy defies global headwinds with greater resilience

Chinese economic growth may have bottomed out, UBS says

Taiwan's manufacturing contracts for 5 consecutive months

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