Manufacturing News

China's manufacturing PMI rises to 50.3 pct in March

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 on Tuesday.

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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