_1777294237270_124456903.png&w=64&q=75){kind=small}
Chinese manufacturing rebounds
Industrial activity in China returned to growth territory in September, with the official Manufacturing Purchasing Managers' Index (PMI) rising to 50.1 points, surpassing the 50-mark for the first time since July. This reflects an improvement in production and domestic demand. The production index stood at 51.7 points, while new orders remained above the growth threshold at 50.5 points. The non-manufacturing activity index increased to 50.2 points, and the composite output index rose to 50.7 points. However, the manufacturing employment index remained below 50, at 48.4, indicating that the labor market has not fully recovered—especially for small and medium-sized enterprises, which recorded indices below the growth level. Overall, the data shows a gradual improvement in China's industrial economy, but challenges still exist, particularly in the labor market.
Notice: This Is an AI-Generated Summary
Comments (0)