China's manufacturing PMI down in March-Xinhua

China's manufacturing PMI down in March

Source: Xinhua

Editor: huaxia

2022-03-31 10:16:31

Workers assemble engines on an assembly line at a workshop of the Weichai Power Co., Ltd. in Weifang City, east China's Shandong Province, April 22, 2021. (Xinhua/Guo Xulei)

BEIJING, March 31 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector came in at 49.5 in March, down from 50.2 in February, data from the National Bureau of Statistics showed Thursday.

A reading above 50 indicates expansion, while a reading below reflects contraction. 

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