Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

China's manufacturing PMI up in August

August 31, 2022


Abstract : The purchasing managers' index (PMI) for China's manufacturing sector came in at 49.4 in August, up from 49 in July, data from the National Bureau of Statistics (NBS) showed Wednesday.

Quality inspectors check a new-energy vehicle in an automobile manufacturing workshop in Yibin, southwest China's Sichuan Province, July 20, 2022. (Xinhua/Liu Qiong)

BEIJING, Aug. 31 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector came in at 49.4 in August, up from 49 in July, data from the National Bureau of Statistics (NBS) showed Wednesday.

NBS senior statistician Zhao Qinghe said the majority of the manufacturing sectors reported improving business climate as PMIs rose in 12 of 21 surveyed industries. "Despite the impacts of COVID-19 and heatwaves, the Chinese economy has continued its recovery."

Some major industries kept expanding. The index of the consumer goods production rose from 51.4 in July to 52.3 this month, and that of the equipment and high-tech manufacturing sectors stood at 50.9 and 50.6, respectively.

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

Scan the QR code and push it to your mobile phone

Keyword: manufacturing PMI

Reading:

China's non-manufacturing sector further recovers in July

China's exports likely to carry on high prosperity level into H2

New openings in China by European fashion and luxury brands

Promoting investment, consumption keys to China's economy following solid recovery in H1

China's manufacturing PMI rebounds to expansion zone in June

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial