China's PMI shows 51.6 Percent in October
Year:2017 ISSUE:21
COLUMN:ECONOMY AND BUSINESS
Click:298    DateTime:Nov.30,2017
China's PMI shows 51.6 Percent in October

In October 2017, China's manufacturing purchasing managers index (PMI) was 51.6 percent, a decrease of 0.8 percentage points from last month, having met the average level of this year. The manufacturing industry continued  expansion momentum.
Production index was 53.4 percent, a decrease of 1.3 percentage points month-on-month, and was still higher than the threshold, indicating that the manufacturing production maintained growing, while the growth rate declined.
New orders index was 52.9 percent, a decrease of 1.9 percentage points month-on-month, higher than the threshold, showing that the amount of increase of manufacturing market demand has narrowed.