Container throughput, a leading gauge of trade health, increased by 7.9 per cent YoY during the January-April period to reach 110 million twenty-foot equivalent units (TEUs).
In April alone, the country’s cargo throughput at ports rose by 4.8 per cent to 1.53 billion tonnes compared to the same month last year. However, the pace of growth slightly eased from the 4.9 per cent increase recorded in March.
China's purchasing managers' index (PMI) for the manufacturing sector edged up to 49.5 in May from 49 in April, with the sub-index for new orders rising to 49.8 from 49.2, as production accelerated and market expectations strengthened, according to separate data from the National Bureau of Statistics (NBS).
ALCHEMPro News Desk (HU)
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