The purchasing managers' index (PMI) for China’s manufacturing sector was at 50.4 percent in August this year, up 0.5 percentage points compared to July, as announced by China's National Bureau of Statistics (NBS) on September 1.
In the given month, the production index for China's manufacturing sector was at 52.6 percent, up 0.5 percentage points month on month, while the overall new order index for the sector was at 51.3 percent, up 0.9 percentage points compared to the previous month.
The raw material inventory index for China's manufacturing sector was at 47.6 percent in August, up 0.3 percentage points compared to the previous month. Also in August, the employment index for China's manufacturing sector stood at 48.4 percent, rising by 0.2 percentage points month on month, while the supplier delivery time index for the sector in question was at 50.6 percent, remaining above the 50 percent threshold.