National Bureau of Statistics announced manufacturing PMI in August

National Bureau of Statistics: In August, the manufacturing purchasing managers index (PMI) was 49.7%, an increase of 0.4 percentage points from the previous month. The non-manufacturing business activity index was 51.0%, a decrease of 0.5 percentage points from the previous month, but still in the expansion range. Composite PMI output index was 51.3%, an increase of 0.2 percentage points from the previous month, and the overall level of Chinese economic prosperity remained stable.