In October, China's manufacturing output experiences growth, according to a private survey.

• In October, smaller manufacturers in China saw their factory activity expand, as indicated by a private survey released on Friday.
• In October, the Caixin/S&P Global manufacturing PMI surpassed the median estimate of 49.7, which was predicted in a Reuters poll, with a reading of 50.3.

In October, smaller manufacturers in China saw their factory activity expand, as indicated by a private survey released on Friday.

In October, the Caixin/S&P Global manufacturing PMI surpassed the median estimate of 49.7, which was predicted in a Reuters poll, with a reading of 50.3.

In July, the PMI reading was 49.8, which was lower than the readings in August and September. A PMI reading above 50 indicates expansion in activity, while a reading below that level points to contraction.

The private gauge, concentrating on smaller and export-oriented enterprises, followed the official PMI data, released on Thursday, which showed that manufacturing activity in the country grew for the first time since April.

In the survey release, Wang Zhe, a senior economist at Caixin Insight Group, stated that both supply and demand increased. Although overall market demand recovered, production grew at a steady pace.

The fastest growth in new orders placed with Chinese manufacturers in the past four months was due to "underlying demand conditions and successful business development efforts," according to a release.

Despite a slight improvement in the rate of decline of export orders, Caixin reported that they remained in decline in the latest survey period. Additionally, employment fell once again, indicating that manufacturers continued to exercise caution when it came to workforce numbers.

The Caixin PMI, a monthly indicator based on purchasing executives' feedback through questionnaires, has traditionally been one of the first indicators to gauge the health of the Chinese economy.

Despite tepid consumption and an embattled property market, the world's second largest economy has managed to maintain growth through strong exports.

The standing committee of China's parliament is scheduled to meet next week, and it is anticipated that they will reveal information about fiscal stimulus following the conclusion of the meeting on November 8th.

This is breaking news. Please check back for more.