B · Normal
[National Bureau of Statistics: October high-tech manufacturing and equipment manufacturing PMIs were 51.3% and 50.6% respectively] On October 31, Huo Lihui, chief statistician of the Service Industry Survey Center of the National Bureau of Statistics, interpreted the China Purchasing Managers Index in October 2026 and said that in October, affected by factors such as the early release of some demand before the National Day holiday and the complex and volatile international environment, the manufacturing PMI fell to 49.3%. New driving forces maintained rapid growth. The high-tech manufacturing and equipment manufacturing PMIs were 51.3% and 50.6% respectively, continuing to be higher than the critical point. The production and operations of enterprises in related industries continued to expand, and new quality productivity continued to develop well. The PMI of the consumer goods industry and high energy-consuming industry were 48.8% and 47.3% respectively, down 1.9 percentage points and 0.7 percentage points from the previous month, indicating that market activity has weakened.
Comments