National Bureau of Statistics: In June, the PMI for high-tech manufacturing was significantly higher than the overall manufacturing sector, and the development of high-end manufacturing continued to improve.

Chief Statistician Huo Lihui of the National Bureau of Statistics Service Industry Survey Center interprets the Purchasing Managers' Index (PMI) for China in June 2026. In June, the manufacturing PMI was 50.3%, with the manufacturing production and operation activities accelerating compared to the previous month. Production and demand expanded simultaneously. The manufacturing production index was 51.4%, up 0.2 percentage points from the previous month, indicating faster production expansion by enterprises. The new order index rose to the expansion zone, reaching 51.2%, up 1.3 percentage points from the previous month, indicating an improvement in market demand. In terms of industries, the production and new order indices of industries such as agricultural and sideline food processing, special equipment, and computer communication electronic equipment were all above 54.0%, indicating strong production and demand in these industries. However, industries such as chemical fibers and rubber plastics, and black metal smelting and rolling processing continued to be below the critical point in terms of both indices, showing insufficient supply and demand. The PMI for large and medium-sized enterprises in the manufacturing industry were both above the critical point. The PMI for large enterprises was 50.7%, maintaining expansion, while the PMI for medium-sized enterprises was 50.5%, up 1.9 percentage points from the previous month, indicating a significant improvement in business conditions. The PMI for small enterprises was 48.2%, showing a slight decline in business conditions. The high-tech manufacturing industry continued to improve, with a PMI of 53.5%, higher than the overall manufacturing industry. The PMI for equipment manufacturing and consumer goods industries was 52.5% and 50.2% respectively, indicating an increase in industry prosperity. The PMI for high-energy-consuming industries remained unchanged at 47.1% from the previous month. Market expectations also improved, with the expected production and operation activities index for the manufacturing industry at 54.3%, up 0.4 percentage points from the previous month, indicating stronger confidence in the market by enterprises. Industries such as special equipment, railway ships, aerospace equipment, and electrical machinery all had expected production and operation activity indices above 57.0%, indicating a high level of optimism among relevant enterprises regarding industry development.