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China’s economy showed further signs of improvement last month with a strong gain in services and construction as COVID-19 outbreaks and restrictions were gradually eased. The official manufacturing purchasing managers’ index (PMI) rose to 50.2 from 49.6 in May, the Chinese National Bureau of Statistics (NBS) said yesterday, slightly below the median estimate of 50.5 in a survey of economists. It was the first time since February that the index was above 50, indicating an expansion in output compared with May. The non-manufacturing gauge, which measures activity in the construction and services sectors, climbed to 54.7, the highest in more than a

Zhao qingheLiu peiqianChinese national bureau of statisticsChina logistics information centerNatwest groupChinese national bureauWest groupPresident xi jinpingThe taipei times