China PMI May 2026

According to data released by the National Bureau of Statistics (NBS), China’s manufacturing Purchasing Managers’ Index (PMI) stands at the 50-point threshold, which separates expansion from contraction and highlights the sector’s ability to maintain stable growth conditions.

Manufacturing activity with the production sub-index remaining in expansion territory. Market demand also remains close to the growth threshold, reflecting the sector’s evolving economic environment.

Particularly noteworthy is the contribution of high-tech manufacturing and equipment manufacturing, both of which record PMI readings above 50 points, demonstrating the continued strengthening of new drivers of economic growth in China. High-tech manufacturing remains in a sustained phase of expansion, reflecting the consolidation of innovation processes and the increasing competitiveness of the industries involved.

Large enterprises with their PMI remaining firmly in expansion territory, confirming their leading role in supporting industrial growth and contributing to the stability of the broader manufacturing sector.

Overall, manufacturing indicators point to a solid foundation for economic development, supported by technological advancement, industrial modernization, and the growing importance of high value-added industries.

The Association of Southeast Asian Nations (ASEAN) is a political and economic union of ten members, has 667 million people and a territory of 4.5 million Km2; is currently the third largest economy in Asia-Pacific and the fifth largest in the World. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, according to estimates for 2025.