Today is 05/21/2024

NBS: Dec PMI at 51.9%, down 0.2% m/m


In December 2020, China's Manufacturing Purchasing Managers Index (PMI) was 51.9%, down by 0.2% from last month, which was above the threshold for ten consecutive months, indicating that the manufacturing industry continued to recovery steadily.


In December, the non-manufacturing business activity index was 55.7%, which was 0.7% lower than that of last month, but it continued to be in a relatively high economic zone, and the non-manufacturing industry continued to recover steadily.


(Source: National Bureau of Statistics)