Economy on a robust path
By Zhou Lanxu | China Daily | Updated: 2019-10-09 08:01
Manufacturers and services providers report stronger new order growth
Economic activity remained robust in China during September on the back of good domestic demand, with manufacturing showing resurgence, a private survey said on Tuesday.
The Caixin China Composite PMI rose for the third consecutive month to 51.9 in September, signaling the strongest economic expansion since April, said media group Caixin and information provider IHS Markit. The index stood at 51.6 in August. A PMI reading above 50 indicates expansion while one below that shows contraction.
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