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China s manufacturing PMI hits 51.9 in December chinadaily.com.cn | Updated: 2020-12-31 09:02 Share CLOSE A robot works at a lithium battery factory in Tangshan, North China s Hebei province, on Nov 29, 2020. [Photo/Xinhua]
BEIJING The purchasing managers index (PMI) for China s manufacturing sector came in at 51.9 in December, edging down 0.2 percentage points from November, the National Bureau of Statistics (NBS) said Thursday.
A reading above 50 indicates expansion, while a reading below reflects contraction.
The PMI remained in expansion zone for the 10th consecutive month, indicating that the country s manufacturing sector continued its steady recovery, data from the NBS showed.
The sub-index for production stood at 54.2 in December, down 0.5 percentage points from November, while that for new orders dropped 0.3 percentage points to 53.6.