The warehousing index also showed improvement, climbing 3.7 percentage points from the previous month to 50.2 per cent in August, as reported by the federation.

The total business volume index saw an increase of 0.5 percentage points from July, reaching 51.5 per cent in August. Additionally, the index for new orders was recorded at 51.8 per cent, while the business expectations index rose by 1.7 percentage points to 56.3 per cent in August.

This growth can be attributed to the progressive implementation of policies aimed at boosting investment and stabilising economic growth. These efforts have enhanced integration within the country's supply and industrial chains, contributing to a higher total business volume index, said Chinese media reports quoting He Hui, the chief economist at the federation.

Fibre2Fashion News Desk (KD)