CCTV.com - CNTV English - CCTV News

Video: China's factory PMI rises to 50.2

11-01-2012 13:34 BJT

China’s Federation of Logistics and Purchasing has released the official figures for China’s factory purchasing managers’ index, which witnessed growth in October. The latest data shows PMI rose to 50.2 percent in October from 49.8 in September, signifying growth in the economy.

It suggests China’s manufacturing sector may be starting to show signs of recovery after shrinking for 12 successive months. Analysts say the new figures partly reflect the boost in domestic consumption over the National Day holidays. China’s economy is projected to rebound after the 18th National Party Congress, with many local governments investing in projects even before the central government announces its plans.

Editor:James |Source: CCTV.com

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program