China manufacturing activity contracts in January

PMI for equipment manufacturing sector expanded for the sixth consecutive month.

China's purchasing managers index dipped to 49.1 in January from 50.1 in December, mostly affected by the Spring Festival holiday and employees returning home.

A PMI reading above 50 signifies expansion, while a figure below 50 indicates contraction.

The NBS data indicated that the sub-indices for production and new orders were recorded at 49.8 and 49.2, respectively.

In contrast, the PMI for the equipment manufacturing sector has remained above 50 for the sixth consecutive month, with January's figure at 50.2, as reported by the NBS.

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit