China's manufacturing PMI rises to 50.1 in January
2023-01-31
A heavy truck is assembled on the assembly line of the heavy truck capacity expansion project at the Shaanxi Automobile Holding Group in Xi'an, Northwest China's Shaanxi Province, Sept 27, 2022. [Photo/Xinhua]
The purchasing managers' index (PMI) for China's manufacturing sector rose to 50.1 in January from 47.0 in December 2022, the National Bureau of Statistics said on Tuesday.
A reading above 50 indicates expansion, while a reading below reflects contraction.
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