In October this year, the China Caixin Manufacturing Purchasing Managers Index (PMI) indicated a final reading of 48.3, rising from the Caixin PMI final reading of 47.2 for September, 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 49.8 percent in October of the current year, remaining stable compared to the previous month.