NBS PMI breakdown:
![]()
The large enterprise PMI drops to 50.1%, -0.6 pp
![]()
The medium-sized enterprise PMI 49.8%, +0.4 pp
![]()
Small-size business activity rises to 47.4%, +0.7 pp
![]()
Manufacturing production weakened. The production index drops to 50.6%, a decline of 0.2 percentage points from the previous month.
![]()
The new order index is 49.5%, a decrease of 0.1 percentage points from the previous month, still in the contraction zone.
![]()
Looking at external demand, the new export order index is 48.3%, staying in the contraction zone for the second month, indicating that the overall export business of enterprises demand is still weak.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
1
1
Spinee OP : Analysts expect China to roll out more policy support measures in the short term, while a government pledge to boost fiscal stimulus is seen helping kick domestic consumption into a higher gear.