AI Data Insight
In Q2 2026, China's EPMI own inventory plunged from the previous value of 55.0 to 50.3, reflecting a rapid cooling of the willingness to build inventory in emerging industries. Constrained by the overall slowdown in emerging industry expansion and the seasonal off-peak period, attention should be paid to the short-term downside risk of the indicator falling below the boom-bust line and turning into a destocking cycle.