China News Service, Beijing, December 6th (Reporter Ruan Yulin) China Federation of Logistics and Purchasing released data on the 6th, showing that the Asian Manufacturing Purchasing Managers Index (PMI) in November reached 52.3%, a month-on-month increase for three consecutive months, indicating Asian manufacturing The recovery of the industry continues to strengthen.

  In November 2021, the Asian manufacturing PMI increased by 0.8 percentage points from the previous month to 52.3%, which was an increase from the previous month for three consecutive months, indicating that the recovery of Asian manufacturing has continued to strengthen.

Among the major countries, China's manufacturing industry has rebounded, ending the downward trend, which has better promoted the recovery of the Asian economy.

From the perspective of other countries, the growth rate of manufacturing in Japan and India has also risen to a greater extent.

  According to the analysis, the resilience and contribution of China's economic recovery are still relatively large, which is the main driving force behind the recovery of the Asian economy.

The "World Economic Outlook Report" released by the IMF in October predicts that China's economy will grow by 8% this year.

At the same time, the deepening of cooperation among economies in the Asia-Pacific region has injected new impetus into Asia's recovery.

The Regional Comprehensive Economic Partnership Agreement (RCEP), which reached the threshold of entry into force in early November, will officially enter into force on January 1, next year, which is very beneficial to the recovery and development of the regional economy.

  In addition, the Asia-Pacific region has also advanced in energy upgrades and combating climate change, playing a leading role in global economic growth.

The Asia-Pacific Economic Outlook report released by the IMF predicts that the Asia-Pacific economy will grow by 6.5% in 2021.

  The global manufacturing purchasing managers' index in November rose by 0.4 percentage points from the previous month to 56.1%, maintaining an upward trend for two consecutive months.

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