China's manufacturing sector resumes expansion in October

BEIJING, 31st October, 2024 (WAM) -- China's manufacturing sector returned to the expansion zone in October after five consecutive months of contraction, Xinhua quoted official data as saying Thursday.

The purchasing managers' index (PMI) for China's manufacturing sector came in at 50.1 in October, up from 49.8 in September and surpassing the boom-or-bust line of 50 for the first time since May, the National Bureau of Statistics (NBS) said in a statement.