Caixin
ECONOMY

China Manufacturing Activity Gains Steam in February, Caixin Survey Shows

By Fran Wang
Workers work on the production floor of a state-owned textile enterprise in Huai'an, Jiangsu province, in October 2015. The Caixin China General Manufacturing Purchasing Managers’ Index rose to 51.7 last month from 51.0 in January. Photo: IC
Workers work on the production floor of a state-owned textile enterprise in Huai'an, Jiangsu province, in October 2015. The Caixin China General Manufacturing Purchasing Managers’ Index rose to 51.7 last month from 51.0 in January. Photo: IC

(Beijing) — Expansion in China’s manufacturing activity gained momentum in February as producers revved up output to meet an increase in new orders that were mainly bolstered by rapidly growing foreign demand, an industry survey sponsored by Caixin showed Wednesday.

The Caixin China General Manufacturing Purchasing Managers’ Index (PMI) — closely watched by investors as one of the first available indicators every month that reflects the strength of the Chinese economy — rose to 51.7 last month from 51.0 in January.

You've accessed an article available only to subscribers
Try 4 weeks for $0.99
SUBSCRIBE
Share this article
Open WeChat and scan the QR code
Copyright © 2017 Caixin Global Limited. All Rights Reserved.