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China's July PMI rises to 51.7

Growth in China's manufacturing sector accelerated to the highest level in more than two years in July, reinforcing signs that the economy is firming up on government support policies.

The purchasing managers' index rose to 51.7 in July, up from 51 in June, according to data released on Friday by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

 


 

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