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BEIJING, Aug. 1 (Xinhua) -- China's manufacturing activity expanded at its fastest pace in four months in July on the back of economic stabilization, a private survey showed on Tuesday.


The Caixin China General Manufacturing Purchasing Managers' Index (PMI) stood at 51.1 for July Milwaukee Bucks Women's Jersey , up from 50.4 in June, the highest level in four months, according to the survey conducted by financial information service provider Markit and sponsored by Caixin Media Co. Ltd.


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


The Caixin data came after an official survey showed slightly slower growth in manufacturing activity in July. The National Bureau of Statistics (NBS) said Monday that China's official manufacturing PMI came in at 51.4 in July, down from 51.7 in June.


The official PMI samples 3 Miami Heat Women's Jersey ,000 manufacturing enterprises in China. The Caixin PMI samples some 500 manufacturers and is relatively volatile due to its small sample size and less emphasis on large enterprises.


Caixin said the acceleration in July's manufacturing sector was a result of rising business activity, citing data that both output and new orders rose at the fastest rates in five months, helped by a solid upturn in new export sales.


"This signalled an improvement in the health of China's manufacturing sector for the second successive month," Caixin said in the survey report.


Companies surveyed by Caixin widely commented on an improvement in market conditions and strong foreign demand. Notably, new export sales increased at the second-fastest rate since September 2014 Memphis Grizzlies Women's Jersey , it said.


Official statistics put China's economic growth at 6.9 percent in the first two quarters of this year, up from 6.8 percent in the fourth quarter of 2016, beating market expectations.x In June, the country's industrial-production growth increased to 7.6 percent year-on-year, after staying at 6.5 percent in April and May Los Angeles Lakers Women's Jersey , data from the NBS showed.


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