China's manufacturing PMI was 51.4% in November

The National Bureau of Statistics Service Survey Center and the China Federation of Logistics and Purchasing issued a report on December 1. The China Manufacturing Purchasing Managers' Index (PMI) was 51.4% in November, which was the same as last month and was the highest point since May last year. For 14 consecutive months above the critical point.

“As the Central Committee has maintained stable growth, structural adjustments, and promoted reform measures, the company’s production and business environment has gradually improved, and the manufacturing industry has continued to maintain a steady growth,” said Zhao Qinghe, senior statistician at the National Bureau of Statistics Service Survey Center.