December's Manufacturing PMI Overview

In December, China's official manufacturing Purchasing Managers' Index (PMI) was reported at 50.1, according to the National Bureau of Statistics (NBS). This figure, albeit slightly above the neutral mark of 50, indicates a minor decrease from November's 50.3.

Non-Manufacturing PMI Sees Improvement

The non-manufacturing PMI, which gauges the sentiment in the services and construction sectors, showed an uptick to 52.2 from the previous month's 50.0, signaling a positive shift in business confidence.

Composite PMI on the Rise

Moreover, the official composite PMI, encompassing both manufacturing and services, experienced a rise to 52.2, up from 50.8 in November, reflecting an overall improvement in economic activity.