China's manufacturing PMI edges down to 49.2 in October

Source: Xinhua| 2021-10-31 09:51:28|Editor: huaxia

People work at a workshop of Harbin Dongan Automotive Engine Manufacturing Co., Ltd. in northeast China's Heilongjiang Province, Feb. 25, 2021. (Xinhua/Wang Jianwei)

BEIJING, Oct. 31 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector came in at 49.2 in October, down from 49.6 in September, data from the National Bureau of Statistics showed Sunday.

A reading above 50 indicates expansion, while a reading below reflects contraction.

KEY WORDS: China,Economy,PMI