China’s manufacturing sector grew faster than the overall economy for a third quarter in a row, underscoring how industry and exports are driving growth in the world’s second-largest economy.
Manufacturing expanded 6.2% last quarter, according to detailed gross domestic product data released Tuesday. That was faster than the 4.7% real growth in the overall economy and kept the sector’s contribution to total activity at 27%, matching the previous quarter’s one-year high. This strength contrasts with the shrinking real estate sector, which contracted for a fifth quarter in a row, the data showed.
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