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ECONOMY
THIS WEEK> THIS WEEK NO. 15, 2014> ECONOMY
UPDATED: April 8, 2014 NO. 15 APRIL 10, 2014
PMI Expands
Share

The purchasing managers' index (PMI) for China's manufacturing sector rose to 50.3 percent in March, up from 50.2 percent in February.

It is the first month-on-month rise since November, according to a statement jointly released by the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing.

The index shows China's manufacturing sector is stable, said Zhao Qinghe, a senior analyst with the NBS, who attributed the rise to the resumption of production and business after the Spring Festival holiday (January 31-February 6).

Meanwhile, the PMI for the non-manufacturing sector stood at 54.5 percent in March.



 
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