China's High-Tech Manufacturing PMI Rises to 53.5% in June

According to the National Bureau of Statistics, China's high-tech manufacturing Purchasing Managers' Index (PMI) rose to 53.5% in June, up 0.6 percentage points from the previous month and significantly outperforming the overall manufacturing sector. Equipment manufacturing PMI reached 52.5%, up 0.4 percentage points, while consumer goods industry PMI stood at 50.2%, up 0.5 percentage points, indicating strengthened sector momentum.
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