China: Manufacturing PMI - Caixin

Macro

2026-02-02
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

In December, the Caixin China General Manufacturing PMI recorded 50.3, climbing slightly from 50.1 in the previous month and holding firm above the boom-or-bust line for two consecutive months. Despite facing export pressures brought about by the "Trump 2.0" trade war, the gradual taking effect of domestic stimulus policies, combined with export growth to non-US markets, supported the manufacturing sector in demonstrating resilience.

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AI Data Insight

In December, the Caixin China General Manufacturing PMI recorded 50.3, climbing slightly from 50.1 in the previous month and holding firm above the boom-or-bust line for two consecutive months. Despite facing export pressures brought about by the "Trump 2.0" trade war, the gradual taking effect of domestic stimulus policies, combined with export growth to non-US markets, supported the manufacturing sector in demonstrating 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