America News Agency

It was reported that China’s Manufacturing Purchasing Managers’ Index (PMI) rose by 0.4 points in September compared to the previous month, reaching 49.8%, continuing to rise for the second consecutive month.

The National Bureau of Statistics of China and the China Federation of Logistics and Purchasing jointly released the PMI today.

The Equipment Manufacturing PMI increased by 1.4 points in September compared to the previous month, reaching 51.9%, while the Consumer Goods Manufacturing PMI rose by 1.4 points to 50.6%.

It was reported that large enterprises maintained a stable growth trend in September, while the PMI for small enterprises increased by 1.6 points compared to August.

The Non-Manufacturing Business Activity Index stood at 50% in September, with the Service Sector Business Activity Index at 50.1% and the Construction Sector Business Activity Index rising by 0.2 points to 49.3%.