AI Data Insight
In September 2026 (Q3 2026), China's manufacturing PMI finished goods inventory index reported at 47.6%, a significant decline of 0.8 percentage points from the previous value of 48.4%, indicating an accelerated pace of inventory destocking. Benefiting from the rebound in both production and new orders, coupled with the implementation of official policy-based financial instruments, the overall manufacturing PMI rebounded to 50.1%, meeting market consensus and returning above the boom-bust line.