National Bureau of Statistics: In May, the Purchasing Managers' Index (PMI) for China's manufacturing sector was 49.5%, which increased by 0.5 percentage points from the previous month.

On May 31, the China Federation of Logistics and Purchasing and the National Bureau of Statistics Service Industry Survey Center announced the Purchasing Managers' Index (PMI) for May in China. The manufacturing PMI showed a slight increase compared to the previous month, indicating an improvement in the manufacturing industry and a stabilization in economic performance. The manufacturing PMI for May was 49.5%, a 0.5 percentage point increase from the previous month. In terms of specific indexes, the production index was 50.7%, a 0.9 percentage point increase from the previous month, crossing the critical point, indicating an acceleration in manufacturing production activities. In terms of demand, the new order index for May was 49.8%, a 0.6 percentage point increase from the previous month. Full Text: May 2025: Summary of Purchasing Managers' Index in China I. Overview of Manufacturing Purchasing Managers' Index in China In May, the Purchasing Managers' Index (PMI) for manufacturing was 49.5%, up 0.5 percentage points from the previous month, indicating an improvement in the manufacturing industry. In terms of enterprise size, the PMI for large enterprises was 50.7%, up 1.5 percentage points from the previous month, above the critical point; the PMI for medium-sized enterprises was 47.5%, down 1.3 percentage points from the previous month, below the critical point; and the PMI for small enterprises was 49.3%, up 0.6 percentage points from the previous month, also below the critical point. Looking at the classification indexes that make up the manufacturing PMI, the production index was above the critical point, the supplier delivery time index was at the critical point, and the new order index, raw material inventory index, and employment index were all below the critical point. The production index was 50.7%, up 0.9 percentage points from the previous month, crossing the critical point, indicating that manufacturing production activities have accelerated. The new order index was 49.8%, up 0.6 percentage points from the previous month, indicating a recovery in the demand for manufacturing. The raw material inventory index was 47.4%, up 0.4 percentage points from the previous month, below the critical point, indicating a narrowing decrease in the inventory of major raw materials in manufacturing. The employment index was 48.1%, up 0.2 percentage points from the previous month, indicating an improvement in the employment outlook for manufacturing. The supplier delivery time index was 50.0%, down 0.2 percentage points from the previous month, at the critical point, indicating that the delivery time from raw material suppliers in manufacturing remained relatively stable compared to the previous month. II. Overview of Non-Manufacturing Purchasing Managers' Index in China In May, the business activity index for non-manufacturing was 50.3%, down 0.1 percentage point from the previous month, still above the critical point, indicating continued expansion in the overall non-manufacturing sector. By industry, the business activity index for the construction industry was 51.0%, down 0.9 percentage points from the previous month; and the business activity index for the service industry... The text is too long for a single response. If you would like further translation, please let me know.