AI Data Insight
The latest China EPMI product order index for Q3 2026 reported at 45.6, showing a slight recovery from the previous value of 44.8, but still remaining in the contraction zone. Demand recovery continues to face pressure, as high downstream inventory suppresses a strong rebound in new orders. With the arrival of the traditional peak season in September and the implementation of counter-cyclical fiscal adjustments, production and demand are expected to usher in an upward inflection point.