Manufacturing activity has remained above the 50 mark separating growth from contraction since June 2013 when Ireland was approaching the end of a three-year global bailout programme. That helped the country's to grow close to 7 percent in the first nine months of 2017. In response to greater inflows of new business, job creation quickened to the greatest since August 2012.
The World Bank last month raised its projection for China's gross domestic product (GDP) a year ago to 6.8%, up from its October estimate of 6.7%, citing support from strong exports and robust domestic household consumption.
Ai Group chief executive Innes Willox said the expansion added momentum to a year marked by higher energy prices and the shutdown of Holden and Toyota auto production in Australia.
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China's economic growth results are expected to remain stable not only in 2017 economic reports yet to be released but also in 2018, despite a slight decline in a major index measuring the expansion of the manufacturing sector in December, analysts said.
Singapore on Tuesday posted slower economic growth in the fourth quarter than the third as manufacturing shrank 11.5 percent following an eye-popping 38 percent jump in the previous three months.
"The sector therefore is in good shape heading into 2018", he added.
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At the annual Central Economic Work Conference (CEWC) chaired by President Xi Jinping, top policymakers pledged to focus on creating "high quality" growth.
"For the most part, the manufacturing sector remained stable in November, although some signs of weakness emerged", said Zhengsheng Zhong, director of macroeconomic analysis at CEBM Group, a subsidiary of Caixin. Concerns over relatively subdued client demand and government policy changes dampened confidence.
France's factory PMI rose to 58.8 in December from 57.7 in November. The official PMI dropped to 51.6 from 51.8 in November, as more companies complained about the impact on their operation from tightened supply of energy and other raw materials and rising costs of transportation.
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Sub-indices for production and new orders came in at 54 and 53.4, respectively, down from 54.3 and 53.6 last month, but well above the boom-bust line of 50. The Caixin China General Services Business Activity Index will be published on Thursday.