This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.bbc.co.uk/news/business-28102548

The article has changed 2 times. There is an RSS feed of changes available.

Version 0 Version 1
China manufacturing growth hits six-month high in June China manufacturing growth hits six-month high in June
(about 4 hours later)
China's manufacturing activity grew at its fastest pace for six months in June, suggesting that recent stimulus moves have started to have an impact.China's manufacturing activity grew at its fastest pace for six months in June, suggesting that recent stimulus moves have started to have an impact.
The official purchasing managers' index (PMI) rose to 51, from 50.8 in May.The official purchasing managers' index (PMI) rose to 51, from 50.8 in May.
The PMI is a key indicator of the sector's health and a reading above 50 shows expansion.The PMI is a key indicator of the sector's health and a reading above 50 shows expansion.
China, the world's second-largest economy, has taken various steps in recent months - including cutting taxes for small firms - to help boost growth.China, the world's second-largest economy, has taken various steps in recent months - including cutting taxes for small firms - to help boost growth.
Last month, China's central bank said it will cut the reserve requirement ratio (RRR) - the amount of cash banks needs to keep in reserve - for banks engaged in lending to agriculture-related businesses and small companies. Last month, China's central bank said it would cut the reserve requirement ratio (RRR) - the amount of cash banks needs to keep in reserve - for banks engaged in lending to agriculture-related businesses and small companies.
China's central bank, the People's Bank of China, said it would also encourage banks to lend more to exporters to boost shipments.China's central bank, the People's Bank of China, said it would also encourage banks to lend more to exporters to boost shipments.
In April, the government said it will cut taxes on small firms and speed up the construction of railway lines across the country. In April, the government said it would cut taxes on small firms and speed up the construction of railway lines across the country.
The government has also announced plans to build railways, roads and airports along the Yangtze River - which connects China's less developed inland provinces to Shanghai.The government has also announced plans to build railways, roads and airports along the Yangtze River - which connects China's less developed inland provinces to Shanghai.
China's economy expanded at an annual rate of 7.4% in the January to March period, from a year ago, down from 7.7% growth in the final quarter of last year.China's economy expanded at an annual rate of 7.4% in the January to March period, from a year ago, down from 7.7% growth in the final quarter of last year.