AI Data Insight
The latest Q4 2026 manufacturing data released by China shows that the PMI for large enterprises stood at 50.2. Although it slightly retreated from 50.6 in Q3 2026, it remains firmly in the expansionary territory. However, affected by weak domestic demand and the long holiday effect, the overall manufacturing PMI fell to 49.3, missing market consensus expectations. Looking ahead, the resilience of high-tech manufacturing and the strength of policy stimulus will be the keys to stabilizing the economic fundamentals.