China's purchasing managers' index (PMI) for its domestic manufacturing sector was at 50.3 percent in July this year, up 0.2 percentage points compared to June, according to the figures released by China's National Bureau of Statistics (NBS) on August 1.
In the given month, the production index for China's manufacturing sector moved up by 0.4 percentage points month on month to 52.4 percent, while the new order index for the sector increased by 0.2 percentage points compared to the previous month to 50.6 percent. The raw material inventory index for China's manufacturing sector was at 47.6 percent in July, up by 0.2 percentage points compared to the previous month.
Also in July, the employment index for China's manufacturing sector stood at 49.1 percent, up 0.4 percentage points compared to the previous month, while the supplier delivery time index for the sector in question was at 50.1 percent, down 0.2 percentage points month on month.
