(MENAFN) Official data showed that China's manufacturing business activity continued improving in May, with an important index remaining in expansion territory, QNA reported.
The manufacturing purchasing managers' index (PMI), a key measure of factory activity in China, posted at 50.2 in May, up from 50.1 in April, according to the National Bureau of Statistics (NBS).
The production sub-index posted at 52.9, the highest monthly reading since November. The sub-index for raw material purchase prices remained below the threshold at 49.4, but it has risen notably since January.
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