BEIJING, Nov. 1 (UPI) -- Manufacturing activity surged in China in October with a critical business index climbing from 52.9 to 54.8, the government said Monday.
The Purchasing Managers Index released by the China Federation of Logistics and Purchasing showed strength in new factory orders as the overall index topped 50 for the 20th consecutive month. Above 50 indicates growth in manufacturing while below 50 indicates contraction.