Manufacturers saw incoming new orders rise at its fastest pace in more than three years, signaling that stimulus efforts have already seeped into the economy.

A private gauge of China’s manufacturing activity signaled that the sprawling sector continued to expand in November, as Beijing’s efforts to revive growth help stabilize the economy.

China's factory activity expanded modestly for a second straight month in November, an official survey showed, adding to a string of recent data suggesting a blitz of stimulus is finally trickling through the world's second-largest economy just as Donald Trump ramps up his trade threats.

The private survey signals that the country’s recent stimulus efforts have already helped to lift certain sectors of China’s ailing economy.