Tags: AS | China | Manufacturing

Official Survey: China Factory Activity Rises to 2-year High

Wednesday, 30 November 2016 10:06 PM EST

HONG KONG (AP) — An official survey has found that Chinese factory activity rose again in November to its highest in more than two years.

The monthly purchasing managers' index by the Chinese Federation of Logistics and Purchasing released Thursday climbed to 51.7 last month from 51.2 in October.

The index is based on a 100-point scale with numbers below 50 indicating contraction.

The widely watched indicator for China's outsize manufacturing sector hasn't been this high since July 2014.

A separate index compiled by financial publication Caixin showed that factory activity eased from the previous month but still maintained a robust pace.

Caixin's index slipped to 50.9 from 51.2 previously.

The federation's survey is mainly focused on larger, state-owned enterprises while Caixin's report gives more weighting to small and midsized private businesses.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Asia
An official survey has found that Chinese factory activity rose again in November to its highest in more than two years.The monthly purchasing managers' index by the Chinese Federation of Logistics and Purchasing released Thursday climbed to 51.7 last month from 51.2 in...
AS,China,Manufacturing
131
2016-06-30
Wednesday, 30 November 2016 10:06 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved