China: Manufacturing PMI - Caixin

Macro

2026-11-02

Description

The China Caixin Manufacturing Purchasing Managers' Index (Caixin PMI) is jointly compiled and published by Caixin Media and IHS Markit. This index is based on a monthly survey of around 650 purchasing managers from state-owned and private manufacturing enterprises in China. It measures the health and economic condition of China's manufacturing sector. A PMI reading above 50% indicates expansion, while below 50% indicates contraction.

The index is composed of five weighted sub-indices: New Orders (30%), Output (25%), Employment (20%), Supplier Delivery Times (15%), and Inventories (10%).

The data is typically released on the first working day of each month, providing insights into the manufacturing activities for the month.

Published by
Caixin Media (Choice)
Frequency
Monthly
Next Update
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AI Data Insight

The October 2026 Caixin China Manufacturing PMI recorded 52.0, slightly down from the previous 52.1, but still above the market expectation of 51.6. Although new products drove output expansion to a six-month high, fierce competition forced enterprises to cut prices, causing optimism about the future to drop to a nine-month low.

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AI Data Insight

The October 2026 Caixin China Manufacturing PMI recorded 52.0, slightly down from the previous 52.1, but still above the market expectation of 51.6. Although new products drove output expansion to a six-month high, fierce competition forced enterprises to cut prices, causing optimism about the future to drop to a nine-month low.

Dive in →

You May Also Like

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Description

The China Caixin Manufacturing Purchasing Managers' Index (Caixin PMI) is jointly compiled and published by Caixin Media and IHS Markit. This index is based on a monthly survey of around 650 purchasing managers from state-owned and private manufacturing enterprises in China. It measures the health and economic condition of China's manufacturing sector. A PMI reading above 50% indicates expansion, while below 50% indicates contraction.

The index is composed of five weighted sub-indices: New Orders (30%), Output (25%), Employment (20%), Supplier Delivery Times (15%), and Inventories (10%).

The data is typically released on the first working day of each month, providing insights into the manufacturing activities for the month.

Published by
Caixin Media (Choice)
Frequency
Monthly
Next Update
Hashtags