China's Manufacturing PMI Edges up, But Stays in Contraction
China's Manufacturing PMI Edges up, But Stays in Contraction
The official gauge of China’s manufacturing activity edged up in August but remained in contraction for the fifth straight month, pointing to the slowdown in the world’s second-largest economy may soon bottom out.
中国制造业活动的官方指标在8月份小幅上升，但连续第五个月处于收缩状态，这表明世界第二大经济体的放缓可能很快就会触底。
China’s official manufacturing purchasing managers’ index rose to 49.7 in August from 49.3 in July, the National Bureau of Statistics said Thursday. A reading above 50 indicates an expansion in activity while a reading below that level indicates a contraction.
国家统计局周四表示，中国官方制造业采购经理人指数从7月份的49.3升至8月份的49.7。读数高于50表示活动扩大，而低于该水平的读数表示活动萎缩。
Thursday’s data also showed China’s official non-manufacturing PMI falling to 51.0 in August compared with 51.5 in July.
周四的数据还显示，中国8月份的官方非制造业采购经理人指数降至51.0，而7月份为51.5。