China: Manufacturing PMI - Official

Macro

2026-09-30

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

According to the latest Q3 2026 data, China's official manufacturing PMI rose to 50.1, a significant improvement from the previous reading of 49.8, returning above the boom-or-bust line after two months. Benefiting from seasonal restocking and the boost from policy easing, both production and new orders demonstrated resilience; however, subsequent impacts from weak employment and rising raw material prices still require attention.

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AI Data Insight

According to the latest Q3 2026 data, China's official manufacturing PMI rose to 50.1, a significant improvement from the previous reading of 49.8, returning above the boom-or-bust line after two months. Benefiting from seasonal restocking and the boost from policy easing, both production and new orders demonstrated resilience; however, subsequent impacts from weak employment and rising raw material prices still require attention.

Dive in →

You May Also Like

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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