China’s official manufacturing purchasing managers’ index (PMI) was 51.1 for July. Photo: Xinhua
China’s economy continued strong recovery from coronavirus shock in July, but challenges remain
- The official manufacturing purchasing managers’ index (PMI) was 51.1 for July, with a reading above 50.0 signifying growth in factory output
- Non-manufacturing PMI was 54.2, with both surveys now reporting positive outlooks for five consecutive months
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China economy
China’s official manufacturing purchasing managers’ index (PMI) was 51.1 for July. Photo: Xinhua