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China's manufacturing PMI up to 51% in Feb.

03-01-2012 11:49 BJT

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China’s Purchasing Managers Index, a preliminary readout of the country’s manufacturing activity, rose to 51% in February, the highest in five months.

According to data released by China Federation of Logistics and Purchasing, the PMI figure has picked up from 50.5 percent in January, 50.3% in December, and 49% in November.

A PMI reading of 50% demarcates expansion from contraction. The steady rise signals a further improvement in China’s manufacturing activity.

 

Editor:Zhang Dan |Source: CNTV.CN

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