China’s manufacturing sector is showing signs of revival! 🌟 The purchasing managers’ index (PMI) surged to 50.2 in February, jumping 1.1 percentage points from January and returning to expansion territory after months of contraction. Data released by the National Bureau of Statistics (NBS) on Saturday highlights renewed activity as factories ramp up production post-Spring Festival holidays. 🏭💥
A PMI reading above 50 signals expansion—critical news for professionals tracking global supply chains and investors eyeing Asia’s economic pulse. 📊✈️
Breaking it down:
📦 Production sub-index: 52.5 (up from January)
🛒 New orders sub-index: 51.1
🔧 Equipment manufacturing PMI: 50.8
🚀 High-tech manufacturing PMI: 50.9
NBS statistician Zhao Qinghe linked the rebound to post-holiday recovery and policy support. With tech and equipment sectors leading the charge, this could signal brighter days for exporters and overseas partners. 🌏💼
