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China Daily / 2020-09 / 01 / Page013

Recovery helps economy to stay the course

By Zhou Lanxu | China Daily | Updated: 2020-09-01 00:00
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Manufacturing companies see rise in demand as work resumptions speed up

Strong demand for manufactured goods put China's economic rebound on a healthy track in August, experts said on Monday.

"The manufacturing sector continued to see a strong recovery in demand and this smoothened the demand-supply dynamics," said Zhao Qinghe, a senior statistician with the National Bureau of Statistics.

According to the NBS, the country's purchasing managers index for the manufacturing sector edged down to 51 in August from 51.1 in July. The reading remained well above the 50-mark that separates expansion from contraction, indicating a steady recovery of the sector.

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