China's Manufacturing PMI Rises to 50.3% in June, Signaling Expansion

Published: Jul 1, 2026 09:36

Save

[SMM Precious Metal Express] Data from the National Bureau of Statistics showed that June manufacturing PMI came in at 50.3%, up 0.3 percentage points from the previous month, returning to expansion territory.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

4 hours ago

Iran Rejects Meetings with US, Considers Talks with Qatar on July 1 in Doha

[SMM Precious Metal Express] Iran's Foreign Ministry stated there are essentially no plans for meetings with the US at any level in the coming days, while dialogue with Qatar on implementing the US-Iran agreement may take place on July 1 in Doha.

4 hours ago

Fed's Hawkish Stance on Inflation Boosts September Rate Hike Odds, Pressuring Precious Metals

[SMM Precious Metal Express] Fed's Hammack stated inflation remains too high and rate hikes may need to be considered; interest rate futures show the probability of a September rate hike has risen to 80%. Hawkish remarks have reinforced rate hike expectations, putting near-term pressure on precious metals.

4 hours ago

Jun 30, 2026 09:54

US Supreme Court Blocks Trump from Firing Fed Governor, Reinforcing Central Bank Independence

[SMM Precious Metal Express] The US Supreme Court blocked Trump from firing Federal Reserve Governor Cook, while allowing the removal of a Federal Trade Commission member. Trump said the ruling greatly increases his power to remove federal agency officials. Fed independence has been reinforced, reducing monetary policy uncertainty.

Jun 30, 2026 09:54