China's manufacturing sector remained steady in June, with the purchasing managers' index (PMI) holding at 49.5, the same as May, according to official data released Sunday.
The PMI is a key indicator of economic health in the manufacturing industry, where a score below 50 suggests contraction and above 50 signals expansion. A stable PMI indicates that the sector is maintaining its current pace without significant growth or decline.
This steady reading reflects the ongoing challenges and uncertainties in the global market, impacting manufacturing activities in the region. 📉 Stay tuned to NewspaperAmigo.com for more updates on China's economy and global market trends! 🌏✨
