RsA Asia - China PMI August 2026

According to data released by the National Bureau of Statistics (NBS), China’s manufacturing Purchasing Managers’ Index (PMI) stands at 49.8, indicating a contraction in activity.

Manufacturing activity with the production sub-index at 50.4 remains in expansion, increasing by 0.5 from the previous month. 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 55 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 show that economic development is supported by technological advancement, and industrial modernization.