China's factory activity expands first time in 6 months
China's factory activity expands first time in 6 months
According to the government statistics bureau and an official industry group, the monthly purchasing managers' index rose to 50.2 this month from 49.7 in August measured on a 100-point scale. Numbers above 50 indicate activity is increasing. Measures of production, new orders and employment all rose from August, the National Bureau of Statistics and the China Federation of Logistics and Purchasing said.
According to the government statistics bureau and an official industry group, the monthly purchasing managers' index rose to 50.2 this month from 49.7 in August measured on a 100-point scale. Numbers above 50 indicate activity is increasing. Measures of production, new orders and employment all rose from August, the National Bureau of Statistics and the China Federation of Logistics and Purchasing said.