AI Data Insight
In May 2026, the existing orders index of China's Emerging Industries PMI (EPMI) recorded 52.0, a significant drop from 59.9 in April, but still firmly above the boom-bust line. Although both exports and production weakened synchronously and face high inventory pressure, the overall industry prosperity remains better than the average of recent years. Future growth will rely on R&D investment to drive a new round of expansion.