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Commenting on the HSBC/Markit PMI, HSBC chief economist Qu Hongbin said deteriorating external demand arising from the unsettling debt crisis in Europe, and economic turmoil in the United States, were adding more downside risks to the prospects of economic growth on the mainland.

Economists with Goldman Sachs, Societe Generale, Citi, and Bank of America Merrill Lynch said other macro-economic indicators due out next week - including industrial output, trade, fixed-asset investment and retail sales - would provide a more complete picture of the mainland's latest economic health.

Premier Wen Jiabao , who is due to reveal his working report at the opening of the annual National People's Congress on Monday, said last month that the central government would consider macro-economic performance in the first quarter and take prompt reaction accordingly to "fine-tune" its policy for the rest of this year.

The official PMI is based on a poll of 820 manufacturers around the mainland, while the HSBC/Markit PMI surveyed 430 producers largely in coastal regions.
Proceeds from the sale of the Chinese-only booklet, which gives a 10 percent discount on fruits, go to the World Cancer Research Fund.

China’ manufacturing activity improved greatly while the sustainable positive trend need to be supported by monetary loosening.

China manufacturers can get assistance from B2B platforms

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