BEIJING, November 1 (Xinhua) China's Manufacturing Purchasing Managers index (PMI) was 55.2% in October, up 0.9% from last month, the Chinese Federation of Logistics and Procurement released today. Since March this year, the index has stood on top of 50% for 8 consecutive months. In response to the October survey of manufacturing purchasing managers, Zhang, a special analyst with the China Logistics and Purchasing Association, said: "The October PMI index continued to rise, reflecting China's continued upward growth in the rising channel." In view of the soaring import index, domestic demand is accelerating. In addition, processing trade exports will also accelerate the future growth, the new export order index continued to rise has been reflected in advance. All this bodes well for further growth in the future. ”
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