[Industry News]: Caixin China's manufacturing PMI in January was unchanged from the previous month, higher than the boom-bust line for three consecutive months
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February 1, 2024, 1:47 PM
According to Caixin, China's manufacturing industry has expanded for three consecutive months as various policies to stabilize growth have taken effect. Judging from the various sub-indices of the Caixin Manufacturing PMI, supply and demand in the manufacturing industry expanded in January, and supply became stronger. The manufacturing production index was above the boom-bust line for the fifth time in six months, and the new orders index was in the expansion range for six consecutive months. However, overall sales growth has slowed down, falling to its lowest level after October 2023.