Economy
China manufacturing expands for 10 months
(Xinhua)
Updated: 2010-01-01 11:28
 |
Large Medium Small |
BEIJING: China's manufacturing has recorded growth for 10 straight months, consolidating the recovery of the world's third largest economy, an official survey showed on Friday.
| ||||
It was the 10th straight month that the data stayed above 50, which indicated expansion. A reading below 50 signaled contraction.
The rising index suggested the Chinese economy has further consolidated its recovery, said Zhang Liqun, a researcher with the Development Research Center of the State Council.
The index for export order was 52.6 percent, 1 percentage point lower than a month earlier. The purchasing price index was 66.7 percent, up more than two percentage points, the highest among other figures.
