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China's manufacturing PMI rises to 50.3% in March
Source: Xinhua |
April 1, 2014, Tuesday
|
Online Edition
Online Edition
China's purchasing managers' index (PMI) for the manufacturing sector rose to 50.3 percent in March, up from 50.2 percent for February, according to official data released today.
A reading below 50 indicates contraction, while that above 50 signals expansion.
The monthly indicator is released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.
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