China's manufacturing PMI rises to 49.5 in May from 49 in Apr 2025

02 Jun '25

1 min read

China's manufacturing PMI rises to 49.5 in May from 49 in Apr 2025

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Insights

China's manufacturing PMI was 49.5 in May—up by 0.5 pp from the April figure; this was contraction for the second month in a row.
The uptick was mainly backed by a supply recovery, with improvement in the production sub-index.
Manufacturers expressed optimism and confidence, with the gauge for manufacturers' expectations for production and operation standing at 52.5 in May versus 52.1 in April.

China’s purchasing managers' index (PMI) in manufacturing sector was 49.5 in May—up by 0.5 percentage point (pp) from the April figure, data from the National Bureau of Statistics (NBS) showed.

The figure remained in contraction for a second consecutive month in May.

The uptick was primarily backed by a recovery in supply, with improvement in the sub-index for production, NBS statistician Zhao Qinghe explained.

The sub-index for production was 50.7 in May versus 49.8 in April, while the gauge for new orders came in at 49.8 in May—up from 49.2 in April.

Chinese manufacturers expressed optimism and confidence, with the gauge for manufacturers' expectations for production and operation standing at 52.5 in May versus 52.1 in April, state-controlled media outlets reported.

The country's official composite PMI, which encompasses both manufacturing and non-manufacturing activities, rose from 50.2 in April to 50.4 in May.

Fibre2Fashion News Desk (DS)

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