CHINA Taiwan's manufacturing sector performs steady in February: report

CHINA

Taiwan's manufacturing sector performs steady in February: report

Xinhua

19:38, April 01, 2022

TAIPEI, April 1 (Xinhua) -- The climate monitor for Taiwan's manufacturing sector in February flashed "green" for the fifth consecutive month, indicating that operations held steady, according to a think tank report released on Thursday.

File photo: CGTN

The composite index for the manufacturing industry rose 0.92 points to 15.16 in February, the highest figure in three months, according to the report released by the Taipei-based Taiwan Institute of Economic Research.

Exports, export orders, and production all showed double-digit year-on-year growth in February, thanks to a continued recovery in the global economy, and manufacturers were optimistic about the next six months, the report said.

The think tank uses a five-color system to measure the industry's health, with red indicating a boom, yellow-red suggesting an uptrend, green indicating a stable state, yellow-blue signaling a slowdown, and blue representing a contraction.


Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue