China - Manufacturing upturn
November 4, 2012, Sunday
|
Print Edition
Print Edition
CHINA'S manufacturing activity improved in October, adding to signs the world's second-largest economy might be recovering from its deepest slump since the 2008 global crisis, two business surveys showed Thursday.
Manufacturing activities in state-owned enterprises expanded in October for the first time in three months. The Purchasing Managers' Index rose to 50.2 in October, up from 49.8 in September and 49.2 in August, the China Federation of Logistics and Purchasing announced.
Further evidence of an upturn came from the HSBC China Purchasing Managers' Index. This index, slanted to private and export-oriented manufacturers, rose to an eight-month high of 49.5 from 47.9 in September.
Manufacturing activities in state-owned enterprises expanded in October for the first time in three months. The Purchasing Managers' Index rose to 50.2 in October, up from 49.8 in September and 49.2 in August, the China Federation of Logistics and Purchasing announced.
Further evidence of an upturn came from the HSBC China Purchasing Managers' Index. This index, slanted to private and export-oriented manufacturers, rose to an eight-month high of 49.5 from 47.9 in September.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
