A private gauge of China’s manufacturing activity signaled that the sprawling sector continued to expand in November, as Beijing’s efforts to revive growth help stabilize the economy.

Manufacturers saw incoming new orders rise at its fastest pace in more than three years, signaling that stimulus efforts have already seeped into the economy.

China's factory activity expanded at the fastest pace in five months in November as new orders, including those from abroad, led to a solid rise in production, pushing manufacturers' optimism degree to an eight-month high,

VCG. The Caixin China General Manufacturing Purchasing Managers' Index (PMI) reached 51.5 in November, up 1.2 points from the previous month, marking a second straight m

The Caixin/S&P Global Manufacturing Purchasing Manager’s Index (PMI) hit 51.5, significantly surpassing forecasts of 50.5 in a Reuters poll.

The expansion of China's manufacturing sector accelerated midway through the final quarter of the year. Higher new work inflows, including from abroad, led to a solid rise in production. Purchasing activity and inventory levels also rose as confidence about the year ahead grew.

China's manufacturing activity saw continued expansion in November. Caixin's manufacturing PMI rose to 51.5, indicating the highest growth since June, surpassing expectations. The economys recovery was supported by strong exports,

China’s yuan fell to a low 7.2675 per dollar, its weakest since July 24 on Monday despite private manufacturing survey showing that the country’s factory activity expanded at the fastest pace in five

The private survey signals that the country’s recent stimulus efforts have already helped to lift certain sectors of China’s ailing economy.