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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 Meng Fanbin(China Daily)2017-05-09 07:53

    Workers examine the billet at a steel mill in Dalian, Liaoning province. LIU DEBIN / FOR CHINA DAILYChina's steelmakers should avoid expanding production capacity continually, setting the scene for a subsequent decline in price in the second quarter, with excessive inventories, experts have warned.T...

  • (Xinhua)2017-05-08 11:16

    BEIJING - Pressure from capital flight has eased markedly as the Chinese economy firms up and the yuan stabilizes against the US dollar. China's forex reserves rose for the third month in a row in April, central bank data showed Sunday. Forex reserves climbed to $3.0295 trillion at the end of April ...

  • (China Daily)2017-05-05 06:41

    China moves on irregular financing China is moving to correct irregular behavior in the fundraising of local governments as part of efforts to rein in financial risks amid a firming economy. In a notice released on Wednesday, the Ministry of Finance asked provincial authorities to start examining th...

  • (Xinhua)2017-05-04 17:25

    BEIJING — Growth in Chinese service sector business activity continued to soften in April as a private survey showed Thursday that an index for the sector fell to the lowest in 11 months. The Caixin General Services Purchasing Managers' Index (PMI), which tracks over 400 service sector companies i...

  • (Xinhua)2017-05-04 11:42

    BEIJING - China's service sector continued to moderate in April, as a private survey Thursday showed that an index for the sector had fallen to its lowest level in 11 months. The Caixin General Services Purchasing Managers' Index (PMI) slipped to 51.5 in April from 52.2 in March, according to the su...

  • (Xinhua)2017-05-03 10:40

    BEIJING - Manufacturing activity in China continued to expand in April, although at the slowest pace since last September, after a private survey released Tuesday revealed that an index for the sector fell for the second month. The Caixin China General Manufacturing Purchasing Managers' Index (PMI) ...

  • (Xinhua)2017-05-02 17:24

    BEIJING — Chinese steel plants are seeing growing output but falling orders, renewing concerns of excess inventories, an industrial index showed.The Purchasing Managers' Index of the steel sector continued to slide to 49.1 in April, according to the China Federation of Logistics & Purchasing (CFLP...

  • (Xinhua)2017-05-02 11:22

    BEIJING - China's non-manufacturing sector continued to expand in April, though at a slower pace compared with a month ago, official data showed Sunday. The non-manufacturing purchasing managers' index came in at 54 in April, down from 55.1 in March, according to the the National Bureau of Statistic...

  • (Xinhua)2017-05-02 11:16

    BEIJING - Manufacturing activity in China continued expansion in April, though at a slower pace, as a private survey showed Tuesday that an index for the sector declined from the previous month. The Caixin China General Manufacturing Purchasing Managers' Index (PMI) stood at 50.3 last month, down fr...

  • By Wang Yanfei(China Daily)2017-05-01 08:15

    Data show manufacturing sector keeps momentum, sub indexes remain strong China's manufacturing growth slowed in April as the government tightened supervision of financial risks, but still maintains momentum, according to analysts. The Purchasing Managers' Index, which reflects the manufacturing sect...

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