A measure of production fell to 26.1 among small enterprises, while the measure for bigger companies was 28.3. A separate PMI with more private companies and exporters is to be released today by a Chinese business magazine. Regulators say Chinese industry is reviving, but activity still is weak. The 18 million small, mostly private companies that account for the bulk of industrial activity and employment are back to operating at one-third of normal levels, officials said on Thursday. Chinese Deputy Minister of Industry and Information Technology Zhang Kejian (張克儉) said that activity is increasing by about 1 percent per day.

Source: Taipei Times March 01, 2020 15:56 UTC