China's manufacturing PMI edges down to 50.4 in July

Source: Xinhua| 2021-07-31 10:03:30|Editor: huaxia

Workers assemble vehicles at the general assembly line of FAW Jiefang, a truck-manufacturing subsidiary of First Automotive Works (FAW) Group Co. Ltd., in Changchun, northeast China's Jilin Province, Sept. 1, 2020. (Xinhua/Zhang Nan)

BEIJING, July 31 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector came in at 50.4 in July, edging down from 50.9 in June, data from the National Bureau of Statistics showed Saturday.

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

KEY WORDS: China,Economy,PMI