China: Manufacturing PMI - Caixin

Macro

2026-09-01

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

In Q3 2026 (August), China's Caixin Manufacturing PMI recorded 51.5, a significant rebound from 50.9 in the previous month, remaining steadily above the boom-bust line for consecutive months. This data primarily benefited from the accelerated growth of output and new orders, though subsequent attention must still be paid to the impact of the Federal Reserve's monetary policy trends and crude oil prices on the overall Asian market.

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AI Data Insight

In Q3 2026 (August), China's Caixin Manufacturing PMI recorded 51.5, a significant rebound from 50.9 in the previous month, remaining steadily above the boom-bust line for consecutive months. This data primarily benefited from the accelerated growth of output and new orders, though subsequent attention must still be paid to the impact of the Federal Reserve's monetary policy trends and crude oil prices on the overall Asian market.

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