The Caixin China General Manufacturing PMI rose to 50.4 in August 2019 from 49.9 in the previous month, beating market expectations of 49.8. The latest reading pointed to the strongest pace of expansion in the manufacturing sector since March, as production grew the most in five months and both employment and new order intakes were broadly stable, despite the fastest decline in export sales since last November. Also, buying activity increased slightly for the second month running, while stocks of finished goods rose for the first time this year. On the price front, input costs dropped the most since January 2016 on the back of widespread reports of reduced raw material prices, while output charges fell at the steepest rate since December 2015. Finally, business sentiment weakened to a level that was among the lowest in the series history, largely due to concerns over the ongoing China-US trade dispute and signs of a slowing global economy. Manufacturing PMI in China is reported by Markit Economics.

Manufacturing PMI in China is expected to be 50.70 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in China to stand at 50.20 in 12 months time. In the long-term, the China Caixin Manufacturing PMI is projected to trend around 50.40 in 2020, according to our econometric models.

China Caixin Manufacturing PMI
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China Business Last Previous Highest Lowest Unit
Business Confidence 49.50 49.70 59.20 38.80 Index Points [+]
Non Manufacturing PMI 53.80 53.70 62.20 50.80 percent [+]
Manufacturing PMI 50.40 49.90 52.30 47.20 [+]
Services PMI 52.10 51.60 54.70 50.00 Index Points [+]
Industrial Production 4.40 4.80 29.40 -21.10 percent [+]
Industrial Production Mom 0.32 0.19 1.32 0.13 percent [+]
Manufacturing Production 4.30 4.50 11.40 4.30 percent [+]
New Orders 49.70 49.80 65.10 32.30 Index Points [+]
Changes in Inventories 15873.10 14185.80 15873.10 3.00 CNY HML [+]
Total Vehicle Sales 1958000.00 1808472.00 3060271.00 88416.00 [+]
Car Production 1693000.00 1523000.00 2669100.00 215533.00 Units [+]
Car Registrations 1653000.00 1528000.00 2672300.00 213534.00 [+]
Internet Speed 7583.32 6295.74 7583.32 635.70 KBps [+]
IP Addresses 98862937.00 104032031.00 119094184.00 28818357.00 IP [+]
Mining Production 3.70 6.60 7.90 -3.80 percent [+]
Steel Production 85223.00 87533.00 89091.00 4918.00 Thousand Tonnes [+]
Capacity Utilization 76.40 75.90 78.00 72.90 percent [+]
Competitiveness Index 72.61 71.76 72.61 4.55 Points [+]
Competitiveness Rank 28.00 28.00 34.00 26.00 [+]
Composite Pmi 51.60 50.90 53.70 48.00 [+]
Cement Production 21018.20 21003.00 23427.00 781.50 Ten Thousands of Tonnes [+]
Corruption Index 39.00 41.00 41.00 21.60 Points [+]
Corruption Rank 87.00 77.00 100.00 40.00 [+]
Corporate Profits 3497700.00 2984000.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 46.00 78.00 99.00 46.00 [+]
Electricity Production 668200.00 657300.00 668200.00 41760.00 Gigawatt-hour [+]


China Caixin Manufacturing PMI

In China, the Caixin Manufacturing PMI Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of private 430 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - China Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. China Caixin Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.40 49.90 52.30 47.20 2011 - 2019 Monthly




Country Last Previous
Australia 53.10 Aug/19
Brazil 52.50 Aug/19
Canada 49.10 Aug/19
China 50.40 Aug/19
Euro Area 45.60 Sep/19
France 50.30 Sep/19
Germany 41.40 Sep/19
India 51.40 Aug/19
Indonesia 49.00 Aug/19
Italy 48.70 Aug/19
Japan 49.30 Aug/19
Mexico 49.00 Aug/19
Netherlands 51.60 Aug/19
Russia 49.10 Aug/19
Saudi Arabia 57.00 Aug/19
Singapore 49.90 Aug/19
South Africa 45.70 Aug/19
South Korea 49.00 Aug/19
Spain 48.80 Aug/19
Switzerland 47.20 Aug/19
Turkey 48.00 Aug/19
United Kingdom 47.40 Aug/19
United States 50.30 Aug/19


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