China's Manufacturing Sector Shows Signs of Recovery

A key survey on China's manufacturing shows a slight improvement, crossing into positive territory at 50.1 on the Purchasing Managers' Index. This marks the first rise after five months of decline and follows economic boosting efforts by the central bank, with more stimulus measures anticipated.

The latest data confirms that China's manufacturing sector is finally seeing an uptick. According to government statistics, the closely observed Purchasing Managers' Index inched up to 50.1, crossing the threshold that signifies growth.

This marginal gain marks the first positive reading following a consecutive five-month decline, raising hopes for economic stabilization following recent interventions by the central bank.

As business circles eagerly anticipate the upcoming meeting of the nation's top legislative body, attention is focused on whether additional economic stimulus measures will be unveiled to further invigorate the manufacturing sector.

(With inputs from agencies.)