AI Data Insight
The latest China PMI month-over-month (MoM) growth rate for the second quarter of 2026 (Q2 2026) reported -0.5964%, further expanding from the previous decline of -0.1984%. The overall PMI fell back to the 50 boom-or-bust line, in line with market consensus. Hit by the dual pressures of plummeting new export orders and high energy costs, the manufacturing climate faces stagnation pressure, although high-tech and AI-related industries continue to expand against the trend.