BEIJING, Jan.3 (Xinhua) -- The purchasing managers' index for China's manufacturing sector stood at 50.2 in December of 2019, unchanged from November, the National Bureau of Statistics said on December 31.
A reading above 50 indicates expansion, while a reading below it reflects contraction.
It was the second straight month that the PMI reading stayed above 50. The gauge re-entered the expansion zone in November, the first time since May 2019.
On a month-on-month basis, the sub-index for new export orders gained 1.5 points to 50.3, back in the expansion zone, while the index for imports climbed 0.1 points to 49.9.
In December, PMI of high-tech manufacturing, equipment manufacturing and consumer goods all increased for three consecutive months.
Meanwhile, the purchasing manager’s index (PMI) for China's non-manufacturing sector came in at 53.5, down from 54.4 in November. (Edited by Yang Yifan, yangyifan@xinhua.org)
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