Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, June 30 (Xinhua) — China’s manufacturing sector picked up momentum in June as more industries returned to growth and high-tech and consumer goods output remained robust, data from the National Bureau of Statistics showed Monday.
According to the department, the purchasing managers’ index (PMI) in the manufacturing sector of China in June was 49.7, compared with 49.5 in May and 49 in April.
Of the 21 industries surveyed, 11 saw expansion in June, compared with 7 in May.
The PMI index for equipment manufacturers, high-tech products and consumer goods manufacturers was 51.4, 50.9 and 50.4, respectively, remaining in the positive zone for the second month in a row.
As is known, a PMI above 50 indicates expansion of the sector, while below 50 indicates contraction.
The GSU data also showed that China’s non-manufacturing PMI in June was 50.5, up 0.2 percentage points from May. The overall PMI thus rose from 50.4 to 50.7. The rise in all three key indicators suggests that China’s overall economic climate is improving further, said Zhao Qinghe, a statistician at the department. -0-