China’s manufacturing PMI increases by 0.2% on month in Dec’21

The Purchasing Managers Index (PMI) of China’s manufacturing industry in Dec’21 was 50.3%, an increase of 0.2 percentage points from Nov. The rise of the index indicates the overall recovery of China’s economy. The price index in the PMI continued to fall significantly, indicating that the comprehensive effect of the policy of ensuring supply and stabilising prices has further emerged.