National Bureau of Statistics: Manufacturing PMI was 49.1% in August.

On August 31, the National Bureau of Statistics released data showing that in August, the Purchasing Managers' Index (PMI) for the manufacturing sector was 49.1%, a decrease of 0.3 percentage points from the previous month, indicating a slight decline in manufacturing business activity. In August, the non-manufacturing Business Activity Index was 50.3%, an increase of 0.1 percentage points from the previous month, indicating a slight recovery in non-manufacturing business activity. The comprehensive PMI output index for August was 50.1%, a decrease of 0.1 percentage points from the previous month, remaining in the expansion zone, indicating that overall business activities in China's enterprises maintained a slight expansion. The original text talks about the operating conditions of the Purchasing Managers' Index in China in August 2024. It provides detailed information on the manufacturing and non-manufacturing sectors, including changes in various indices and implications for the business activities in these sectors.