In February 2025, the Purchasing Managers' Index (PMI) in China resided at about 50.2 percent. An indicator of the economic health of the manufacturing sector, the PMI is based on five major indicators: new orders, inventory levels, production, supplier deliveries, and the employment environment. An index value above 50 percent indicates a positive development in the industrial sector, whereas a value below 50 percent indicates a negative situation. The PMI as a major economic indicator The Purchasing Managers' Index was first introduced by the US-based Institute of Supply Management in 1948. It has become one of the most widely used and closely watched indicators of business activities worldwide. The PMI is not only an apt indicator for manufacturing growth, it also supports interest rate decisions of central bank institutions. PMI figures around the globe were dominated by the COVID-19 pandemic in 2020. In the Euro area, the PMI recovered from a considerable drop in April 2020, regaining pre-crisis level in June. In the United States, the monthly PMI indicated an even better improvement from low values in April and March. Recent PMI development in China As is shown in the graph at hand, the PMI of China as the world’s second-largest economy dropped considerably in February 2020 due to the coronavirus pandemic. In March, the index indicated a striking rebound and ranged at a level slightly above 50 index points afterwards. During 2021, the index was characterized by a slightly downward trend. In 2022, the index displayed an unstable development with two significant dips in April and December, finally concluding with a strong rebound in January 2023. The non-manufacturing PMI in China displayed a similar development.

China PMI: Employment data was reported at 48.600 % in Feb 2025. This records an increase from the previous number of 48.100 % for Jan 2025. China PMI: Employment data is updated monthly, averaging 49.000 % from Jan 2005 (Median) to Feb 2025, with 242 observations. The data reached an all-time high of 53.400 % in Mar 2008 and a record low of 31.800 % in Feb 2020. China PMI: Employment data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing.

In February 2025, the Manufacturing Purchasing Managers' Index (PMI) in China ranged at 50.2 points. That month, the index for future expectations ranged at 54.5 points.

China PMI: Production data was reported at 52.500 % in Feb 2025. This records an increase from the previous number of 49.800 % for Jan 2025. China PMI: Production data is updated monthly, averaging 53.000 % from Jan 2005 (Median) to Feb 2025, with 242 observations. The data reached an all-time high of 66.500 % in Apr 2008 and a record low of 27.800 % in Feb 2020. China PMI: Production data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing.

This statistic shows the Non-manufacturing Purchasing Managers' Index (PMI) in China from February 2023 to February 2025. In February 2025, the non-manufacturing PMI resided at 50.4 points.

China PMI: Materials Inventory data was reported at 47.000 % in Feb 2025. This records a decrease from the previous number of 47.700 % for Jan 2025. China PMI: Materials Inventory data is updated monthly, averaging 48.000 % from Jan 2005 (Median) to Feb 2025, with 242 observations. The data reached an all-time high of 52.200 % in Jan 2010 and a record low of 33.900 % in Feb 2020. China PMI: Materials Inventory data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing.

China PMI: Finished Goods Inventory data was reported at 48.300 % in Feb 2025. This records an increase from the previous number of 46.500 % for Jan 2025. China PMI: Finished Goods Inventory data is updated monthly, averaging 47.300 % from Jan 2005 (Median) to Feb 2025, with 242 observations. The data reached an all-time high of 53.100 % in Nov 2011 and a record low of 42.900 % in May 2006. China PMI: Finished Goods Inventory data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing.

China PMI: Imports data was reported at 49.500 % in Feb 2025. This records an increase from the previous number of 48.100 % for Jan 2025. China PMI: Imports data is updated monthly, averaging 49.300 % from Jan 2005 (Median) to Feb 2025, with 242 observations. The data reached an all-time high of 57.500 % in Mar 2008 and a record low of 31.900 % in Feb 2020. China PMI: Imports data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing.

In February 2025, the non-manufacturing Purchasing Managers' Index (PMI) in China ranged at 50.4 points, up from 50.2 points in the previous month. The index for the expectation of business activities ranged at 56.6 points that month.

As of August 2024, the Purchasing Manager's Index (PMI) was below 50 in all countries included except for the United Kingdom, Brazil, Russia, and India, indicating a decrease in industrial production. For example, the PMI in the Germany stood at 42.4 as of August 2024.The PMI is based on a survey of industrial companies in each country. It includes questions regarding production, incoming orders, employment, delivery times, and stock. A value of 50 is considered neutral, a value of over 50 points as an increase, and a value of less than 50 points as decrease of industrial production. The greater the deviation from 50 points, the greater the change.

China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Employment data was reported at 49.900 % in Dec 2009. This records a decrease from the previous number of 50.000 % for Nov 2009. China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Employment data is updated monthly, averaging 48.400 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 53.400 % in Oct 2009 and a record low of 38.500 % in Jan 2009. China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Employment data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Chemical Fiber, Rubber & Plastic Product Mfg.

China PMI: Construction: Business Expectation data was reported at 54.700 % in Feb 2025. This records a decrease from the previous number of 56.500 % for Jan 2025. China PMI: Construction: Business Expectation data is updated monthly, averaging 64.700 % from May 2009 (Median) to Feb 2025, with 183 observations. The data reached an all-time high of 81.000 % in Mar 2010 and a record low of 41.800 % in Feb 2020. China PMI: Construction: Business Expectation data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Non Manufacturing: Construction.

As of February 2025, the manufacturing purchasing managers' index (PMI) in Hong Kong stood at 49 index points. This was down from 51 index points in the previous month.

China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Purchasing Price Index data was reported at 79.600 % in Dec 2009. This records a decrease from the previous number of 83.200 % for Nov 2009. China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Purchasing Price Index data is updated monthly, averaging 61.250 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 88.400 % in Jun 2008 and a record low of 3.300 % in Nov 2008. China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Purchasing Price Index data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Chemical Fiber, Rubber & Plastic Product Mfg.

China PMI: Mfg: Producer Price Index data was reported at 48.500 % in Feb 2025. This records an increase from the previous number of 47.400 % for Jan 2025. China PMI: Mfg: Producer Price Index data is updated monthly, averaging 49.600 % from Jan 2016 (Median) to Feb 2025, with 110 observations. The data reached an all-time high of 61.100 % in Oct 2021 and a record low of 40.100 % in Jul 2022. China PMI: Mfg: Producer Price Index data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing.

Industrial Production in China increased 5.90 percent in February of 2025 over the same month in the previous year. This dataset provides - China Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China PMI: Retail Trade: Input Price data was reported at 60.900 % in Dec 2009. This records an increase from the previous number of 59.100 % for Nov 2009. China PMI: Retail Trade: Input Price data is updated monthly, averaging 57.390 % from Jan 2008 (Median) to Dec 2009, with 24 observations. The data reached an all-time high of 67.990 % in Jan 2008 and a record low of 49.570 % in Feb 2009. China PMI: Retail Trade: Input Price data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Non Manufacturing: Retail Trade.

China PMI: Tobacco Processing: Purchases data was reported at 47.500 % in Dec 2009. This records a decrease from the previous number of 60.400 % for Nov 2009. China PMI: Tobacco Processing: Purchases data is updated monthly, averaging 54.900 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 76.400 % in Jan 2006 and a record low of 44.600 % in Jun 2006. China PMI: Tobacco Processing: Purchases data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Tobacco Processing.

China PMI: CC: Import data was reported at 59.700 % in Dec 2009. This records an increase from the previous number of 56.100 % for Nov 2009. China PMI: CC: Import data is updated monthly, averaging 56.150 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 69.100 % in Mar 2008 and a record low of 0.000 % in Jul 2006. China PMI: CC: Import data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Communication, Computer & Other Electronic Equipment.

China PMI: Share Cooperative Enterprise data was reported at 70.300 % in Dec 2009. This records a decrease from the previous number of 73.600 % for Nov 2009. China PMI: Share Cooperative Enterprise data is updated monthly, averaging 54.800 % from Jan 2005 (Median) to Dec 2009, with 60 observations. The data reached an all-time high of 76.900 % in Nov 2005 and a record low of 23.800 % in Oct 2008. China PMI: Share Cooperative Enterprise data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BF: Purchasing Managers' Index.