Caixin China final manufacturing PMI increases to 50.6 in July

In July this year, the China Caixin Manufacturing Purchasing Managers Index (PMI) indicated a final reading of 50.6, increasing from the Caixin PMI final reading of 48.6 for June this year, as announced by Beijing-based Caixin media group.

Meanwhile, as announced by China's National Bureau of Statistics (NBS), the purchasing managers' index (PMI) for China’s manufacturing sector was at 49.9 percent in July, down 0.1 percentage point compared to the previous month.