As 2025 nears its end, businesses and global observers are eyeing the latest manufacturing data from the Chinese mainland. In November, the official purchasing managers' index (PMI) ticked up to 49.2, up 0.2 points from October, according to the National Bureau of Statistics.
Here's a quick breakdown of the key numbers:
- Production index reached 50.0, hitting the neutral mark for the first time in months.
- New orders index climbed to 49.2, suggesting mild demand recovery.
- High-tech manufacturing PMI rose to 50.1, underscoring steady expansion in advanced sectors.
By enterprise size, small firms led the rebound at 49.1, medium-sized enterprises improved to 48.9, and large companies recorded 49.3. Though remaining below the 50 threshold that separates contraction from expansion, these figures point to a stabilizing trend.
"The business outlook index jumped to 53.1, reflecting growing confidence about future production and market conditions," said Huo Lihui, chief statistician at the Service Industry Survey Center of the NBS. "Manufacturers are taking a cautiously optimistic view as they plan for early 2026."
For entrepreneurs, tech enthusiasts and global supply chain watchers, November's PMI data signals a potential inflection point. With high-tech sectors leading the charge, the Chinese mainland's manufacturing landscape could shape economic trends well into next year.
Looking ahead, analysts will be monitoring export orders and domestic consumption as key drivers. The coming months will test whether this stabilization holds and if it can fuel a broader recovery in 2026.
Reference(s):
cgtn.com
