China s private Caixin manufacturing purchasing managers index (PMI) in December came in at 50.8, a four-month high, a signal of the recovery momentum of the country s manufacturing industry.
China s three-day New Year s Day holidays, which ended on Monday, saw a consumer market boom with bustling travel and spending activities across the country, according to various data on Monday, offering more vivid displays of sustained vitality and vast potential in China s consumption market, the biggest driver for economic growth.
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