China followed the global trend and recorded a robust manufacturing activity in the month of November. The country showed better than expected performance as the manufacturing sector grew at the fastest pace in more than two years.

According to the data released on Thursday, China's official manufacturing purchasing managers' index touched the 51.7 mark, up from the 51.2 figure in October. The index is consistently remaining above the 50 watermark, which is the dividing line between the expansion of activity and a contraction. November marks the fourth straight month for above 50 index.

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China also reported an increase in its official nonmanufacturing PMI to 54.7 in the month of November. It stood at 54 mark in the previous month. China started the year with less than solid figures. However, throughout the year, the government offered various incentives such as enhanced government spending on infrastructure to aid economic growth.

The official survey also reported sub-index for raw materials prices at 68.3 for the month, up from 62.6 in October. Factory output sub-index also increased from 53.3 to 53.9, while total new orders jumped from 52.8 to 53.2.

Large firms showed better performance than the smaller ones and the gap between them widened in November. Nomura economists stated, "Overall, we judge that the economy has gained momentum in the short term but the quality of growth may have deteriorated, as evidenced by a further drop in the official PMI for small enterprises and a drop in the Caixin PMI."

China government has taken several measures to cool down its expanding real estate market. The survey also revealed stagnation in the number of new export orders.

Tagschina, PMI Index, Caixin PMI