China’s manufacturing purchasing managers’ index (PMI) stood at 49.3% in October 2026, down 0.8 percentage points from September. The National Bureau of Statistics said manufacturing business conditions weakened.
The PMI for large enterprises was 50.2%, remaining above the 50% threshold. The indices for medium-sized and small enterprises fell to 48.4% and 47.5%, respectively.
The production index declined to 49.8% and the new orders index to 49.4%. The raw materials inventory index was 48.4%, while the employment index was unchanged at 48.4%. The suppliers’ delivery time index rose to 50.2%.