China: Manufacturing PMI - Official

Macro

2026-06-30

Description

China's Manufacturing Purchasing Managers' Index (PMI) is compiled and published by the National Bureau of Statistics (NBS). This index is based on monthly surveys of purchasing managers from approximately 3,200 manufacturing enterprises and is a crucial indicator of the overall performance and health of the manufacturing sector in China. A PMI reading above 50% indicates expansion, while a reading below 50% indicates contraction.

The Manufacturing PMI is calculated using five weighted categories: New Orders (30%), Production (25%), Employment (20%), Supplier Delivery Time (15%) and Inventory (10%).

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

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China Industry PMI

AI Data Insight

China's latest official manufacturing PMI recorded 50.3%, rebounding from the previous reading of 50.0% and beating market expectations of 50.1%, successfully returning to expansionary territory. Notably, the new orders index rebounded strongly, with high-tech and equipment manufacturing industries serving as key pillars in stabilizing the broader economy. Looking ahead, the sustained impact of policy measures and the actual strength of recovery among micro, small, and medium-sized enterprises will be the core factors determining whether the growth momentum can be maintained.

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AI Data Insight

China's latest official manufacturing PMI recorded 50.3%, rebounding from the previous reading of 50.0% and beating market expectations of 50.1%, successfully returning to expansionary territory. Notably, the new orders index rebounded strongly, with high-tech and equipment manufacturing industries serving as key pillars in stabilizing the broader economy. Looking ahead, the sustained impact of policy measures and the actual strength of recovery among micro, small, and medium-sized enterprises will be the core factors determining whether the growth momentum can be maintained.

Dive in →

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Description

China's Manufacturing Purchasing Managers' Index (PMI) is compiled and published by the National Bureau of Statistics (NBS). This index is based on monthly surveys of purchasing managers from approximately 3,200 manufacturing enterprises and is a crucial indicator of the overall performance and health of the manufacturing sector in China. A PMI reading above 50% indicates expansion, while a reading below 50% indicates contraction.

The Manufacturing PMI is calculated using five weighted categories: New Orders (30%), Production (25%), Employment (20%), Supplier Delivery Time (15%) and Inventory (10%).

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

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China Industry PMI