News Article

The bustling Qingming holiday, resurgence in the manufacturing Purchasing Managers' Index (PMI), along with record-high imports and exports in the first two months, underscore the vitality of China's consumption, production, and foreign trade, signaling an upward trajectory of its economy.

The Service Survey Center with China's National Bureau of Statistics and the China Federation of Logistics and Purchasing unveiled figures, which rendered overseas investors and entities bullish.

China's manufacturing PMI, non-manufacturing PMI, and composite PMI numbers for March have received wide international attention.

China's factory activity expanded in March after five consecutive months of contraction, an official survey revealed on 31st of March, adding to a run of indicators that suggest the stabilization of the world's second-largest economy.

China's factory activity unexpectedly shrank in October after resuming expansion for the first time in half a year in September, official data showed on 31st of Oct.