In November this year, the China Caixin Manufacturing Purchasing Managers Index (PMI) indicated a final reading of 50.8, down 0.2 points compared to the final reading for October, as announced by Beijing-based Caixin media group.
Zhong Zhengsheng, chief economist with China Economic and Business Monitor (CEBM), part of Caixin Insight Group, commented that in the fourth quarter China’s economy is expected to maintain the stability seen since the start of the second half of this year. China's economic growth in 2017 is expected to be better than in 2016, while in 2018 its economic growth will likely come under downward pressure, he stated.
Meanwhile, as announced by China's National Bureau of Statistics (NBS), the purchasing managers' index (PMI) for China’s manufacturing sector was at 51.8 percent in November, up 0.2 percentage points compared to the previous month.