[cs_content][cs_element_section _id=”1″ ][cs_element_layout_row _id=”2″ ][cs_element_layout_column _id=”3″ ][cs_element_text _id=”4″ ][cs_content_seo]The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 52.6 in February, up from 50.1 in January, according to data from the National Bureau of Statistics. A reading above 50 indicates expansion, while a reading below reflects contraction.
The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 56.3 in February, up from 54.4 in January. The service sector maintained expansion in February thanks to accelerated business recovery after the Spring Festival, with the sub-index for business activities reaching 55.6, up from 54 in January.
The sub-indexes for business activities in road and air transport, postal service and accommodation all stood above 60, indicating active market activities and rising business volume.
The sub-index of the construction sector stood at 60.2 in February, up from 56.4 in January, as work resumption in construction projects nationwide began last month. Demand in the non-manufacturing market also recovered, with the sub-index for new orders rising 3.3% points from January to 55.8 in February.\n\n[/cs_content_seo][/cs_element_layout_column][/cs_element_layout_row][/cs_element_section][cs_element_section _id=”5″ ][cs_element_layout_row _id=”6″ ][cs_element_layout_column _id=”7″ ][cs_element_text _id=”8″ ][cs_content_seo]Subscribe to Daily Brief by Email
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Hello, I’m in Burkina Faso??, I would like to trade with you, get products and come and sell , in my country. Thanks