Survey added to indications Chinese economic growth held steady heading into 2017.
The measures approved include additional incentives for duty drawback scheme for garments, flexibility in labour laws to increase productivity as well as tax and production incentives for job creation in garment manufacturing.
Bejing: A survey shows Chinese manufacturing expanded in January at close to its fastest pace in two years.
The National Bureau of Statistics' purchasing manager’s index released Wednesday showed manufacturing growth at 51.4 on a 100-point scale on which numbers above 50 indicate an expansion. That was down only slightly from November's two-year high of 51.7.
The survey added to indications Chinese economic growth held steady heading into 2017, supported by government spending and a boom in real estate sales.
( Source : AP )
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