China: Emerging Industries PMI (EPMI): R&D Activity

Macro

2026-07-01

Description

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Published by
Ministry of Science and Technology of the People's Republic of C
Frequency
Monthly
Next Update

AI Data Insight

Latest data shows that China's Q2 2026 EPMI R&D Activity Index stood at 54.9, slipping slightly from the previous value of 56.7, but still running steadily in the expansionary zone. Against the backdrop of slowing overall manufacturing expansion, high-tech industries and AI capital expenditure continue to support the foundation of R&D. Looking ahead, policy support will continue the transition between old and new economic drivers, though attention must be paid to the risk of raw material inflation eroding corporate profits.

AI Data Insight

Latest data shows that China's Q2 2026 EPMI R&D Activity Index stood at 54.9, slipping slightly from the previous value of 56.7, but still running steadily in the expansionary zone. Against the backdrop of slowing overall manufacturing expansion, high-tech industries and AI capital expenditure continue to support the foundation of R&D. Looking ahead, policy support will continue the transition between old and new economic drivers, though attention must be paid to the risk of raw material inflation eroding corporate profits.

Description

-

Published by
Ministry of Science and Technology of the People's Republic of C
Frequency
Monthly
Next Update