Judging from the sub-data of Caixin China's manufacturing PMI, manufacturing supply has increased, and demand has shifted from contraction to slight expansion. The manufacturing new orders index rose to its highest level since July in October. Sample companies said that demand fundamentals have improved and business development measures have achieved results, supporting the recovery of new business volume. Among the three major categories, orders from manufacturers in the intermediate category grew rapidly, followed by consumer goods.
Judging from the sub-data of Caixin China's manufacturing PMI, manufacturing supply has increased, and demand has shifted from contraction to slight expansion. The manufacturing new orders index rose to its highest level since July in October. Sample companies said that demand fundamentals have improved and business development measures have achieved results, supporting the recovery of new business volume. Among the three major categories, orders from manufacturers in the intermediate category grew rapidly, followed by consumer goods.
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