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ECONOMY

Light Manufacturers Post Ninth Straight Month of Activity Expansion

The latest reading showed the strongest improvement in operating conditions for six months, as total new work expanded at a slightly faster pace.  Photo: VCG
The latest reading showed the strongest improvement in operating conditions for six months, as total new work expanded at a slightly faster pace. Photo: VCG

China’s manufacturing activity expanded for a ninth straight month in February, as total new work expanded and outstanding work levels rose amid business optimism that reached its highest level in nearly a year, a Caixin survey showed on Thursday.

The Caixin China General Manufacturing Purchasing Managers’ Index (PMI) rose to 51.6 in February from 51.5 the previous month, marking the highest reading since August.

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