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Macro Economic Environment In China Is Bullish
2023-8-1
China's manufacturing PMI was 49.3% in July, an increase of 0.3 percentage points from the previous month. China’s non-manufacturing business activity index and the composite PMI output index were 51.5% and 51.1% respectively in July, both in the expansion territory for seven consecutive months. China’s National Development and Reform Commission issued a notice on measures to restore and expand consumption. China’s State Council held a meeting, proposing to roll out policy measures that are conducive to the stable and healthy development of the real estate market according to different needs.
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