China: Manufacturing PMI - Caixin

Macro

2026-04-30
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

AI Data Insight

The newly released Q2 2026 China Caixin Manufacturing PMI surged to 52.2, significantly higher than the previous reading of 50.8, easily beating the market consensus of 51.0. Detailed breakdowns show that both new orders and factory-gate prices rose, driving the index to record its strongest performance since late 2020. Although domestic demand momentum remains weak, the overall manufacturing sector has demonstrated a high degree of resilience, supported by exports from the high-tech and equipment manufacturing industries.

Dive in →

You May Also Like

AI Data Insight

The newly released Q2 2026 China Caixin Manufacturing PMI surged to 52.2, significantly higher than the previous reading of 50.8, easily beating the market consensus of 51.0. Detailed breakdowns show that both new orders and factory-gate prices rose, driving the index to record its strongest performance since late 2020. Although domestic demand momentum remains weak, the overall manufacturing sector has demonstrated a high degree of resilience, supported by exports from the high-tech and equipment manufacturing industries.

Dive in →

You May Also Like

Other Industry

Semiconductor
Display
LED
Energy
Electronics
Telecom
Emerging Tech
Macro
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