Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, May 31 (Xinhua) — Business activity in China’s manufacturing sector continued to show signs of improvement in May, amid faster production and stronger market expectations, official data showed Saturday.
In May 2025, China’s manufacturing purchasing managers’ index (PMI) was 49.5, up 0.5 percentage points from the previous month, according to data released by the National Bureau of Statistics (NBS) on Saturday. A PMI above 50 indicates expansion in the manufacturing sector, while one below 50 indicates contraction.
NBS statistician Zhao Qinghe said the improvement reflects faster production and more positive business expectations.
The production sub-index rose to 50.7, up 0.9 from the previous month, indicating a stronger pace of industrial production, the data showed. The new orders index also rose 0.6 to 49.8.
It is noteworthy that the business activity index at large enterprises returned to the growth range and amounted to 50.7, which is 1.5 higher than the April figure and indicates an improvement in the business environment at large enterprises.
High-tech manufacturing continued to expand for the fourth month in a row, reaching 50.9, while the equipment manufacturing and consumer goods sub-indices rose to 51.2 and 50.2, respectively.
Market expectations also improved during the reporting period. The index of expectations for production and business activity rose to 52.5, up 0.4 from the previous month, indicating that industry enterprises generally remain confident about the market development in the near term, Zhao Qinghe said.
The continued recovery in the manufacturing PMI suggests that the combined effect of more positive macroeconomic policy measures is beginning to emerge, as well as improved business expectations and signs of recovery in manufacturing activity, analysts said.
Data released on Saturday also showed that China’s non-manufacturing PMI stood at 50.3 in May, down 0.1 percentage point from the previous month but still broadly on track for growth.
The service sector maintained a steady momentum, helped by tourism and catering during the May Day holidays, Zhao Qinghe said.
According to Wen Tao, an analyst with the China Logistics Information Center, efforts will need to be made in the future to stimulate domestic demand and promote high-level external opening-up to expand new growth in external demand, thereby strengthening the country’s economic resilience and enhancing its ability to withstand risks. -0-