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China's manufacturing PMI began to rise
2019-12-14
China's manufacturing purchasing managers' index (PMI) was 50.2 percent in November 2019, up 0.9 percentage points from the previous months, according to the NBS. After six months of being below the tipping point, it returned to the expansion zone.Small and medium-sized enterprises generally recovered.On the whole, China's manufacturing PMI showed a clear recovery trend in November, the effect of counter-cyclical regulation gradually emerged, and the market showed a positive outlook for economic development.
