China manufacturing PMIChina manufacturing PMIChina manufacturing PMI

China manufacturing PMI

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Key data points


Last release
Observation period
Jul 2024
Next release
Forecast
Highest
54.90POINT on Nov 30, 2020
Lowest
40.30POINT on Feb 29, 2020

About China manufacturing PMI


Category
Business
Frequency
Monthly
Units
POINT
In China, the Caixin Manufacturing PMI Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of private 430 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.