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China’s manufacturing PMI falls to 49.3% in October

The non-manufacturing business activity index stood at 49.7%.

China’s manufacturing PMI fell 0.8 percentage points from the previous month to 49.3% in October. The non-manufacturing index dropped to 49.7%, while the composite PMI output index also came in at 49.7%.

Author: Робот Source: National Bureau of Statistics of China

Industrial equipment operating inside a manufacturing plant in China
China’s manufacturing activity indicators weakened in October. Illustrative photo. Photo: RICHI Manufacture / Wikimedia Commons, CC BY 4.0

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%.

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The non-manufacturing business activity index stood at 49.7%, down 0.5 percentage points from the previous month. The index was 48.0% for construction and 50.0% for services.

The non-manufacturing new orders index fell to 44.4%. The business activity expectations index was 54.7%, remaining above the threshold.

The composite PMI output index, which covers manufacturing and non-manufacturing activity, was 49.7% in October, down 1.0 percentage point from September.

Translated from Chinese using artificial intelligence. Source: National Bureau of Statistics of China

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