Economy

China's manufacturing PMI rose to 49.8% in September

2025-10-03   

The Service Industry Survey Center of the National Bureau of Statistics and the China Federation of Logistics and Purchasing released data on the 30th, showing that in September, the Purchasing Managers' Index (PMI) for the manufacturing industry was 49.8%, an increase of 0.4 percentage points from the previous month, and the level of prosperity in the manufacturing industry continued to improve. The expansion of enterprise production is accelerating. In September, the production index was 51.9%, an increase of 1.1 percentage points from the previous month, reaching a nearly 6-month high. Manufacturing production activities were relatively active; The new order index was 49.7%, an increase of 0.2 percentage points from the previous month, indicating an improvement in market demand. Driven by the recovery of manufacturing production, enterprises have accelerated their raw material procurement, and the procurement volume index has risen to 51.6%. The PMI for small businesses has rebounded. In September, the PMI of large enterprises was 51.0%, an increase of 0.2 percentage points from the previous month, consistently above the critical point and maintaining a stable expansion trend; The PMI for medium-sized enterprises was 48.8%, slightly down 0.1 percentage points from the previous month, indicating a relatively stable economic outlook; The PMI for small businesses was 48.2%, up 1.6 percentage points from the previous month, indicating an improvement in the economic situation. The three key industries are expanding rapidly. In September, the PMI of the equipment manufacturing industry, high-tech manufacturing industry, and consumer goods industry were 51.9%, 51.6%, and 50.6%, respectively, all significantly higher than the overall manufacturing industry. At the same time, the production index and new order index of the key industries mentioned above are both in the expansion range, and the supply and demand sides of enterprises are relatively active; The PMI for high energy consuming industries was 47.5%, a decrease of 0.7 percentage points from last month. Market expectations continue to improve. In September, the expected index of production and operation activities was 54.1%, an increase of 0.4 percentage points from the previous month, and rebounded for three consecutive months, indicating that manufacturing enterprises have a positive expectation for the recent market development. From an industry perspective, the expected index of production and operation activities in industries such as agricultural and sideline food processing, automobiles, railway ships, aerospace equipment, etc. are all in the high prosperity range of over 57.0%, and related enterprises have strong confidence in the development of the industry. (New Society)

Edit:YAO JUE Responsible editor:XIETUNAN

Source:XinHuanet

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