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rdf:type	schema:NewsArticle
schema:articleBody	Factory activity in China improved slightly in September, according to official data published Wednesday, showing a small rebound in the economy ahead of the week-long National Day public holiday. The closely watched Purchasing Managers' Index (PMI) is a key gauge of manufacturing activity in the world's second-largest economy, which has largely bounced back after plunging in February because of tough coronavirus measures. In September, the PMI figure increased slightly to 51.5 after slipping to 51.0 in the previous month. Any figure above the 50-point mark represents growth while below it signals a contraction. Zhao Qinghe, a senior statistician at the National Bureau of Statistics (NBS), said that this month's figures, with increases in several key indices, demonstrated a "steady recovery" and a pre-holiday consumption boom. But Zhao also noted that some industries, such as apparel, textile and wood processing, reported insufficient market demand. "We also see that, although overall manufacturing demand has increased, industrial recovery is uneven... the global pandemic has not been fully and effectively controlled, and there are still uncertain factors in China's imports and exports," he said. In February, the index plunged to 35.7 points after the coronavirus brought much of China to a standstill. Non-manufacturing PMI came in at 55.9 points -- an increase of 0.7 percentage points from August, showing further signs of an economic rebound. This month's new export order index and import index were both positive for the first time, at 50.8 per cent and 50.4 per cent respectively -- a rise of 1.7 and 1.4 percentage points from August. Business indices for industries including railway transportation, air transport, catering and telecommunications were at 60 percent or above. lxc/jah
schema:headline	China manufacturing data shows small rebound in September
schema:mentions	Lumber Public holiday Telecommunication Industry Pandemic China National Day of the People's Republic of China Qinghe railway station Statistics Purchasing Managers' Index National Bureau of Statistics of China Government agency LXC Sima Zhao
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-09-30 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	67 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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