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

Published: Jun 30, 2026 11:41
Data from the National Bureau of Statistics (NBS) show that in June, the manufacturing PMI was 50.3%, up 0.3 percentage points from the previous month, returning to expansion territory; the non-manufacturing business activity index and the composite PMI output index were 50.2% and 50.6% respectively, both up 0.1 percentage points from the previous month, indicating a certain rebound in China's economic climate.

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Data from the National Bureau of Statistics (NBS) show that in June, t - Shanghai Metals Market (SMM)