An official Chinese survey says the country's factory activity has recorded its first expansion in six months
FILE - Visitors look at the robotic arms assembly a vehicle frame during the annual World Robot Conference at the Etrong International Exhibition and Convention Center in the outskirt of Beijing, on Aug. 17, 2023. China's factory activity in September recorded its first expansion in six month, an official survey said Saturday, Sept. 30, 2023, providing another sign that the world's second-largest economy is gradually improving following its post-pandemic malaise.
Since China lifted its tough COVID-19 restrictions, its leaders have been trying to boost the economy with a series of measures, and promising to support entrepreneurs who generate jobs and wealth. Zhao said the improvement indicated by the latest indexes suggests the level of economic activity is rebounding. As government policies take effect, positive economic factors are increasing, he said.
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