AI Data Insight
In Q3 2026, China's manufacturing PMI supplier delivery time index posted 49.5, down from the previous Q2 value of 49.9 and remaining below the 50 boom-bust line. This decline primarily reflects the disruptions to supply chain logistics caused by the traditional production off-season and extreme weather such as high temperatures and floods. As both new orders and production indices weaken concurrently, close attention should be paid to the implementation of official stimulus policies in the coming months.