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Economy

China's manufacturing PMI up in May

May 31, 2022


Abstract : The purchasing managers' index (PMI) for China's manufacturing sector came in at 49.6 in May, up from 47.4 in April, data from the National Bureau of Statistics showed Tuesday.

A worker operates at a factory of Harbin Boiler Co., Ltd. of Harbin Electric Corporation in Harbin, northeast China's Heilongjiang Province, April 14, 2022. (Xinhua/Wang Jianwei)

BEIJING, May 31 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector came in at 49.6 in May, up from 47.4 in April, data from the National Bureau of Statistics showed Tuesday.

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

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