AI Data Insight
In August 2026, the purchasing volume sub-index of China's Manufacturing PMI rose to 51.0, further increasing from the previous value of 50.5 and remaining firmly in expansion territory. This data echoes the better-than-consensus performance of the official headline manufacturing PMI, reflecting that manufacturers are actively expanding raw material stockpiling amidst a rebound in both production and new orders. However, sluggish domestic demand and the downturn in the non-manufacturing sector remain hidden risks for future recovery.