EconomyHigh-tech industries cushion manufacturing PMI slowdown

China’s official manufacturing PMI fell to 49.3 in October from 50.1 in September, slipping into contraction, while high-tech manufacturing remained in expansion at 51.3 for a 21st consecutive month. Analysts said holiday effects and subdued demand weighed on activity, but expected a modest rebound in November as holiday effects fade.

China economymanufacturing PMIhigh-tech manufacturingeconomic policy

CChina News Service★★★☆☆2026-11-02 01:44Original