Global manufacturing PMI rose to 50.3% in March. After operating below 50% for 17 consecutive months, it has returned to the expansion range above 50%.

Asia’s manufacturing growth continues to lead other regions. It is necessary to continue to observe the subsequent trend of new orders index in manufacturing in various countries. Driven by signs of improvement in the global economy, countries around the world should return to the main tone of multilateral cooperation to better promote the continued recovery of theglobal economy.