According to the National Bureau of Statistics on Friday, the purchasing managers’ index (PMI) for China’s manufacturing sector came in at 50.1 in September, up from 49.4 in August.
To recap, a reading above 50 indicates expansion, while a reading below reflects contraction.
In contrary, the purchasing managers’ index (PMI) for non-manufacturing sector came in at 50.6 in September, down from 52.6 in August.
