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Purchasing Managers' Index, or PMI, is an economic indicator derived from monthly surveys of private sector companies. China's manufacturing PMI has stayed above the boom-bust line of 50 percent for 10 months in a row since September 2012, according to data from the China Federation of Logistics and Purchasing.
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  • By Oswald Chanin Hong Kong(China Daily)2017-03-24 07:11

    Small businesses in dire straits as competition heats up, rents go through roof Small and medium-sized enterprises (SMEs) in Hong Kong have difficulty raising funds for business development as persistently fragile global macroeconomic conditions cloud prospects. More than 70 percent of SMEs in the S...

  • By Wang Yanfei(China Daily)2017-03-06 09:55

    Supply-side reforms will continue to be a priority to improve the quality of the economy, and more attention will be paid to cutting overcapacity and fending off financial risks in the property market, according to leading economists.Liang Hong, chief economist at China International Capital Corp, s...

  • (Xinhua)2017-03-04 16:42

    BEIJING - The latest data point to a firming Chinese economy, but the progress of reforms will be key for sustained strength and containing risk.Two separate gauges on Wednesday showed China's factory activity rose faster than expected in February, with the official manufacturing purchasing managers...

  • (Xinhua)2017-03-03 16:33

    BEIJING — China's service sector slowed in February, with a private survey released Friday showing that an index for the sector fell from the previous month. The Caixin General Services Purchasing Managers' Index (PMI) slipped to 52.6 in February from 53.1 in January and the 17-month high of 53.4 ...

  • (Xinhua)2017-03-03 11:01

    BEIJING - China's factory activity expanded faster than expected in February as domestic and export demand picked up. The manufacturing purchasing managers' index (PMI), which gauges conditions at factories and mines, came in at 51.6 in February, above the 50 boom-or-bust line for the seventh month,...

  • (China Daily)2017-03-02 07:17

    Govts & policies Caixin manufacturing PMI rises to 51.7 Expansion in China's manufacturing activity gained momentum in February as producers revved up output to meet an increase in new orders that were mainly bolstered by rapidly growing foreign demand, an industry survey sponsored by Caixin showed ...

  • (Xinhua)2017-03-01 09:43

    BEIJING - China's manufacturing sector expanded for the seventh month in a row, evidence that the world's second largest economy is stabilizing amid an uncertain global outlook. The country's manufacturing purchasing managers' index (PMI) came in at 51.6 in February, 0.3 points higher than that reco...

  • (Xinhua)2017-03-01 09:38

    BEIJING - In a world beset by unpredictabilities, China has stood firm in its pledge for stability and progress, and with each year it has continued to solidify its role as a key engine driving global growth. The first two months of 2017 saw the Chinese economy on a steadier footing than a year earl...

  • (Xinhua)2017-02-21 10:16

    A woman selects goods at a supermarket in Huaibei, Anhui province, Feb 14, 2017. [Photo/VCG]BEIJING - Accelerated consumer and industrial prices growth indicates nascent inflationary pressure on the Chinese economy, despite the good start to 2017. The consumer price index rose 2.5 percent year on ye...

  • (Xinhua)2017-02-20 10:03

    View of the headquarters of the People's Bank of China, China's central bank, in Beijing, Jan 12, 2017. [Photo/VCG]BEIJING - As China's central bank has shifted to a prudent and neutral monetary policy, it will likely be more careful in balancing its multiple goals. On the one hand, the People's Ban...

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