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Economy

China's manufacturing PMI rises to 50.1 in January

2023-01-31 13:20:51China Daily Editor : Zhang Dongfang ECNS App Download

A heavy truck is assembled on the assembly line of the heavy truck capacity expansion project at the Shaanxi Automobile Holding Group in Xi'an, Northwest China's Shaanxi Province, Sept 27, 2022. (Photo/Xinhua)

The purchasing managers' index (PMI) for China's manufacturing sector rose to 50.1 in January from 47.0 in December 2022, the National Bureau of Statistics said on Tuesday.

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

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