Beijing, China - March 3, 2025 (CGTN - No access Chinese mainland)
1. Graphic showing Caixin Manufacturing Purchasing Managers' Index (PMI) in February; interior of factory

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
2. Various of devices operating, employees working
3. Various of production line, devices operating, employees working
4. Various of car production line, employees working

FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
5. Aerial shots of cityscape

Factory activity among smaller-sized producers in China in February expanded at its fastest pace in three months, according to a private-sector survey released by Caixin data on Monday.

The Caixin Manufacturing Purchasing Managers' Index (PMI) for February rose to 50.8, marking five consecutive months of expansion.

Data from the Caixin survey suggest the improvement was led by both manufacturing capacity and new orders, as factories sped up production to meet pent-up demand during the Spring Festival holiday.

The Caixin survey covers mostly mid-small sized factories in the private sector. Its upward trend has aligned with China's official PMI data over the past few months.

In February, China's non-manufacturing business activity index reached 50.4 percent, up 0.2 percentage points from January, according to the data released by the National Bureau of Statistics (NBS) on Saturday.

A reading above 50 indicates expansion, while a reading below 50 reflects contraction.