China’s manufacturing PMI rose to 49.7 in June, marking a second consecutive monthly increase, signalling gradual recovery, as per NBS.
Of 21 sectors, 11 showed growth, with equipment, high-tech, and consumer goods PMIs staying above 50.
The non-manufacturing PMI climbed to 50.5, and the general PMI rose to 50.7.
The consistent rise across indices reflects a steady improvement in economic activity.
