The index Caixin China of purchasing managers ‘ manufacturing, which is oriented towards small private manufacturers, climbed to 51.2 in June, compared with 50.7 in may, said Wednesday Caixin Media Co. and the research firm Markit.
This improvement indicates that the strengthening of domestic demand was mainly boosted sales, while new export orders continued to decline, said Mr. Caixin, adding that the employment has also remained on a downward trend.
“Although the manufacturing sector as a whole is to be restored in terms of supply and demand in June, employment has not improved,” said Wang Zhe, a senior economist at Caixin Insight Group, in a statement accompanying the data. The sub-index of employment remained in negative territory for the sixth consecutive month and was weaker than in may.
The manufacturing PMI official China, which focuses more on large state-owned enterprises, reached a peak of 50.9 in June, up from 50.6 in may, according to data published by the national Bureau of statistics on Tuesday. The official inquiry from manufacturers has a much larger sampling that a private investigation.