China's manufacturing activity accelerates in November (2)

"The November flash reading of HSBC manufacturing PMI confirms again that the economic recovery continues to gain momentum toward the year end," said Hongbin Qu, chief economist for HSBC China.

Qu called for a continuation of policy easing from Chinese policymakers to strengthen the recovery as "it is still the early stage of recovery and the global economic growth remains fragile."

The sub-index on employment, however, continued to contract in November, suggesting Chinese manufacturers are still cautious in increasing hiring.

HSBC's preliminary reading on manufacturing was based on data the bank collected from 85 to 90 percent of the 420 manufacturing companies it surveyed from Nov. 12 to 20, and it will publish its final November data on Dec. 3.

The National Bureau of Statistics and the China Federation of Logistics and Purchasing are due to release official PMI data for November on Dec. 1. The official PMI data is based on a survey of purchasing managers in more than 820 companies and 20 industries.

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