China: Manufacturing PMI - Caixin

Macro

2026-06-01

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 latest China Caixin Manufacturing PMI for Q2 2026 recorded 51.8, a slight decline from the previous 52.2, but has remained steadily above the boom-bust line for six consecutive months. Although external information occasionally diverges, authoritative data analysis indicates that the surge in energy costs triggered by geopolitical conflicts is the main reason for the slowdown in expansion, while high-tech manufacturing and new export orders continue to provide downside resilience.

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AI Data Insight

The latest China Caixin Manufacturing PMI for Q2 2026 recorded 51.8, a slight decline from the previous 52.2, but has remained steadily above the boom-bust line for six consecutive months. Although external information occasionally diverges, authoritative data analysis indicates that the surge in energy costs triggered by geopolitical conflicts is the main reason for the slowdown in expansion, while high-tech manufacturing and new export orders continue to provide downside resilience.

Dive in →

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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