Caixin
Jan 02, 2018 09:45 AM
ECONOMY

Manufacturing Grows at Fastest Pace in Four Months

The pickup in December's Caixin China General Manufacturing Purchasing Managers'  Index came on the back of strong demand both at home and abroad. Above, ships are seen under construction in Chongqing on Dec. 5. Photo: Visual China
The pickup in December's Caixin China General Manufacturing Purchasing Managers' Index came on the back of strong demand both at home and abroad. Above, ships are seen under construction in Chongqing on Dec. 5. Photo: Visual China

China’s manufacturing activity expanded at its fastest pace in four months in December, underpinned by solid growth in new orders that also led companies to buy more supplies, a Caixin survey showed Tuesday.

The Caixin China General Manufacturing Purchasing Managers’ Index (PMI) rose to 51.5 last month, up from 50.8 in November. The December figure was the highest reading since August. 

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