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In March, China's Manufacturing Purchasing Managers' Index (PMI) was 50.4%, indicating an economic recovery and improvement.
The National Bureau of Statistics and the China Federation of Logistics and Purchasing released China’s manufacturing Purchasing Managers’ Index for March today (the 31st). The data shows that in March, manufacturing business sentiment improved, market demand was released more positively, and overall production activities at enterprises rebounded. In March, China’s manufacturing Purchasing Managers’ Index was 50.4%, up 1.4 percentage points from the previous month. After running below 50% for two consecutive months, it returned to the expansion zone, indicating an improvement in manufacturing business sentiment. (CCTV News)