AI Data Insight
In Q2 2026 (May), China's manufacturing production and business expectation index climbed to 54.3% from 53.9% in the previous month, indicating that enterprises remain confident in the future economic outlook. Although the overall official manufacturing PMI fell to the 50.0% boom-or-bust threshold in the same month, market expectations did not deteriorate alongside weak exports, benefiting from the robust expansion of high-tech manufacturing and the impact of the domestic "Two New" policies.