Group 1: Manufacturing PMI Insights - In August, the Manufacturing PMI rose to 49.4%, indicating an improvement in economic conditions compared to the previous month [2] - The production index reached 50.8%, up by 0.3 percentage points, marking four consecutive months above the critical point, suggesting accelerated manufacturing production [2] - The new orders index increased to 49.5%, reflecting a slight rise in demand, with notable performance in the pharmaceutical and electronics sectors [2] - The purchasing activities have accelerated, with the purchasing volume index rising to 50.4% [2] - The prices of major raw materials and factory prices increased, with the raw material purchase price index at 53.3% and factory price index at 49.1%, indicating an overall improvement in market prices [2] Group 2: Enterprise Size and Sector Performance - Large enterprises reported a PMI of 50.8%, up by 0.5 percentage points, indicating sustained expansion [3] - Medium-sized enterprises saw a decline in PMI to 48.9%, reflecting a downturn in economic conditions [3] - Small enterprises experienced a slight improvement with PMI at 46.6%, up by 0.2 percentage points [3] - High-tech manufacturing and equipment manufacturing sectors showed strong performance with PMIs of 51.9% and 50.5%, respectively [3] Group 3: Non-Manufacturing Sector Insights - The Non-Manufacturing Business Activity Index rose to 50.3%, indicating continued expansion in the non-manufacturing sector [5] - The service sector's business activity index reached 50.5%, marking a significant recovery and the highest point of the year [5] - Certain industries, such as capital market services and transportation, reported business activity indices above 60.0%, indicating robust growth [5] - The construction sector's business activity index fell to 49.1% due to adverse weather conditions, reflecting a slowdown [5] Group 4: Comprehensive PMI Overview - The Comprehensive PMI Output Index increased to 50.5%, indicating an overall acceleration in production and business activities across sectors [6] - The manufacturing production index and non-manufacturing business activity index were reported at 50.8% and 50.3%, respectively, contributing to the overall expansion [6]

Group 1: Manufacturing PMI Insights - In August, the manufacturing PMI rose to 49.4%, indicating an improvement in economic conditions compared to the previous month [2] - The production index reached 50.8%, up by 0.3 percentage points, marking four consecutive months above the critical point, signaling accelerated manufacturing production [2] - The new orders index increased to 49.5%, reflecting a slight rise in demand [2] - Large enterprises showed a PMI of 50.8%, up by 0.5 percentage points, indicating sustained expansion, while medium and small enterprises experienced declines [3] - High-tech manufacturing and equipment manufacturing PMIs were 51.9% and 50.5%, respectively, showing continued strength in these sectors [3] - The production and business activity expectation index rose to 53.7%, suggesting increased confidence among manufacturers regarding future market conditions [3] Group 2: Non-Manufacturing PMI Insights - The non-manufacturing business activity index reached 50.3%, up by 0.2 percentage points, indicating ongoing expansion in the sector [4] - The service industry business activity index rose to 50.5%, the highest point of the year, with significant growth in capital market services and transportation sectors [4] - The construction industry business activity index fell to 49.1%, impacted by adverse weather conditions, indicating a slowdown in construction activities [4] - The business activity expectation index for the service sector increased to 57.0%, reflecting optimism about future market developments [4] Group 3: Comprehensive PMI Insights - The comprehensive PMI output index rose to 50.5%, up by 0.3 percentage points, indicating overall expansion in production and business activities [5] - The manufacturing production index and non-manufacturing business activity index were 50.8% and 50.3%, respectively, contributing to the comprehensive PMI's positive trend [5]

制造业景气水平有所改善。 8月份，制造业采购经理指数（PMI）为49.4%，比上月上升0.1个百分点，制造业景气水平有所改善。 从企业规模看，大型企业PMI为50.8%，比上月上升0.5个百分点，高于临界点；中型企业PMI为48.9%，比上月下降0.6个百分点，低于临界点；小型企业PMI 为46.6%，比上月上升0.2个百分点，低于临界点。 从分类指数看，在构成制造业PMI的5个分类指数中，生产指数和供应商配送时间指数均高于临界点，新订单指数、原材料库存指数和从业人员指数低于临 界点。 生产指数为50.8%，比上月上升0.3个百分点，表明制造业生产扩张加快。 新订单指数为49.5%，比上月上升0.1个百分点，表明制造业市场需求景气水平略有改善。 原材料库存指数为48.0%，比上月上升0.3个百分点，仍低于临界点，表明制造业主要原材料库存量降幅收窄。 8月31日，国家统计局发布2025年8月中国采购经理指数运行情况。 一、中国制造业采购经理指数运行情况 从业人员指数为47.9%，比上月下降0.1个百分点，表明制造业企业用工景气度略有回落。 供应商配送时间指数为50.5%，比上月上升0.2个百分点，表明制造业原材 ...

Core Viewpoint - The manufacturing purchasing managers' index (PMI) in China for August is reported at 49.4%, showing a slight increase of 0.1 percentage points from the previous month, indicating a modest improvement in market demand [1] Group 1: Manufacturing Activity - The manufacturing market demand has shown signs of improvement with a month-on-month slight rebound [1] - The production index for August stands at 50.8%, which is an increase of 0.3 percentage points from the previous month, indicating stable expansion in production activities [1] - Large enterprises continue to exhibit stable expansion, with their PMI at 50.8%, up by 0.5 percentage points from last month, reflecting rapid expansion on both supply and demand sides [1] Group 2: Market Expectations - The manufacturing production and business activity expectation index for August is at 53.7%, rising by 1.1 percentage points from the previous month, suggesting a comprehensive increase in current market expectations and confidence [1]

Group 1: Manufacturing PMI Insights - In August, the Manufacturing PMI rose to 49.4%, indicating an improvement in economic conditions compared to the previous month [2] - The production index reached 50.8%, up by 0.3 percentage points, marking four consecutive months above the critical point, suggesting accelerated manufacturing production [2] - The new orders index increased to 49.5%, reflecting a slight rise in demand [2] - Large enterprises showed a PMI of 50.8%, up by 0.5 percentage points, indicating sustained expansion, while medium and small enterprises experienced declines [3] - High-tech manufacturing and equipment manufacturing sectors reported PMIs of 51.9% and 50.5%, respectively, indicating strong performance [3] Group 2: Non-Manufacturing PMI Insights - The Non-Manufacturing Business Activity Index rose to 50.3%, reflecting continued expansion in the sector [4] - The service industry saw a significant increase, with a business activity index of 50.5%, reaching a yearly high [4] - Capital market services and transportation sectors reported business activity indices above 60.0%, indicating robust growth [4] - The construction industry faced a decline in activity, with a business activity index of 49.1%, down by 1.5 percentage points due to adverse weather conditions [4] Group 3: Composite PMI Insights - The Composite PMI Output Index increased to 50.5%, indicating an overall acceleration in production and business activities [5] - The manufacturing production index and non-manufacturing business activity index were reported at 50.8% and 50.3%, respectively, contributing to the composite index's growth [5]

Group 1: Manufacturing PMI Insights - In August, the Manufacturing PMI rose to 49.4%, indicating an improvement in economic conditions compared to the previous month [2] - The production index reached 50.8%, up by 0.3 percentage points, marking four consecutive months above the critical point, suggesting accelerated manufacturing production [2] - The new orders index increased to 49.5%, reflecting a slight rise in demand [2] - Large enterprises showed a PMI of 50.8%, up by 0.5 percentage points, indicating sustained expansion, while medium and small enterprises experienced declines [3] - High-tech manufacturing and equipment manufacturing PMIs were 51.9% and 50.5%, respectively, indicating strong performance in these sectors [3] Group 2: Non-Manufacturing PMI Insights - The Non-Manufacturing Business Activity Index was 50.3%, up by 0.2 percentage points, continuing its expansion [4] - The service sector's business activity index reached 50.5%, the highest point of the year, with significant growth in capital market services and transportation sectors [4] - The construction sector's business activity index fell to 49.1%, down by 1.5 percentage points, due to adverse weather conditions [4] Group 3: Comprehensive PMI Insights - The Comprehensive PMI Output Index stood at 50.5%, up by 0.3 percentage points, indicating overall expansion in production and business activities [5] - The manufacturing production index and non-manufacturing business activity index were 50.8% and 50.3%, respectively, contributing to the comprehensive index's growth [5]

国家统计局数据显示，8月份，制造业采购经理指数（PMI）为49.4%，比上月上升0.1个百分点，制造 业景气水平有所改善。 （文章来源：国家统计局） ...

Group 1: Manufacturing PMI Overview - In August, the Manufacturing Purchasing Managers' Index (PMI) was 49.4%, an increase of 0.1 percentage points from the previous month, indicating a slight improvement in manufacturing sentiment [1] - The PMI for large enterprises was 50.8%, up 0.5 percentage points, while medium-sized enterprises saw a PMI of 48.9%, down 0.6 percentage points, and small enterprises had a PMI of 46.6%, up 0.2 percentage points [4] - The production index was 50.8%, an increase of 0.3 percentage points, suggesting accelerated production expansion in the manufacturing sector [4] Group 2: New Orders and Inventory - The new orders index was 49.5%, up 0.1 percentage points, indicating a slight improvement in market demand within the manufacturing sector [5] - The raw materials inventory index was 48.0%, an increase of 0.3 percentage points, still below the critical point, suggesting a narrowing decline in major raw material inventory levels [6] - The employment index was 47.9%, down 0.1 percentage points, indicating a slight decline in employment sentiment among manufacturing enterprises [7] Group 3: Supplier Delivery and Non-Manufacturing PMI - The supplier delivery time index was 50.5%, up 0.2 percentage points, indicating that the delivery times from raw material suppliers are continuing to improve [8] - In August, the non-manufacturing business activity index was 50.3%, an increase of 0.2 percentage points, indicating continued expansion in the non-manufacturing sector [12] - The construction industry business activity index was 49.1%, down 1.5 percentage points, while the services industry index was 50.5%, up 0.5 percentage points [15] Group 4: Employment and Price Indices in Non-Manufacturing - The new orders index for non-manufacturing was 46.6%, up 0.9 percentage points, indicating improved market demand [19] - The input price index was 50.3%, unchanged from the previous month, indicating that input prices for non-manufacturing enterprises continue to rise [19] - The sales price index was 48.6%, up 0.7 percentage points, indicating a narrowing decline in overall sales prices in the non-manufacturing sector [19] Group 5: Comprehensive PMI Output Index - The comprehensive PMI output index for August was 50.5%, an increase of 0.3 percentage points, indicating an overall acceleration in production and business activities across industries [25]

Group 1 - The total operating revenue of large-scale industrial enterprises in China reached 78.07 trillion yuan from January to July 2025, representing a year-on-year increase of 2.3% [1] - The mining industry generated revenue of 2.94384 trillion yuan, showing a year-on-year decline of 13.6% [1] - The manufacturing sector achieved revenue of 67.84316 trillion yuan, with a year-on-year growth of 3.3% [1] Group 2 - The total profit of large-scale industrial enterprises amounted to 40.2035 trillion yuan, reflecting a year-on-year decrease of 1.7% [1] - The mining industry reported a total profit of 493.09 billion yuan, down 31.6% year-on-year [1] - The manufacturing sector's profit totaled 30.2358 trillion yuan, marking a growth of 4.8% [1] Group 3 - The coal mining and washing industry recorded a profit of 166.62 billion yuan, a significant decline of 55.2% year-on-year [2] - The oil and gas extraction industry achieved a profit of 208.7 billion yuan, down 12.6% year-on-year [2] - The non-metallic mining sector's profit increased by 1.6% to 194.2 billion yuan [2] Group 4 - The operating costs for large-scale industrial enterprises reached 66.80 trillion yuan, an increase of 2.5% [2] - The mining industry's operating costs were 20.3055 trillion yuan, down 9.1% year-on-year [2] - The operating costs for the coal mining and washing industry were 1.04865 trillion yuan, reflecting a decline of 14.5% [2]

为动态监测我国经济发展新动能变动情况，国家统计局统计科学研究所基于《新产业新业态新商业模式 统计监测制度》，采用定基指数方法测算了2024年经济发展新动能情况指数。结果显示，2024年我国经 济发展新动能指数（以2022年为100）为136.0，比上年增长14.2%。2024年，各项分类指数与上年相比均 有提升，其中，网络经济和创新驱动对总指数增长的贡献较大。 一、网络经济指数。2024年，网络经济指数为142.4，比上年增长16.2%，对总指数增长的贡献率为 35.2%。 二、创新驱动指数。2024年，创新驱动指数为138.5，比上年增长13.2%，对总指数增长的贡献率为 28.5%。 三、经济活力指数。2024年，经济活力指数为130.9，比上年增长14.5%，对总指数增长的贡献率为 19.6%。 一、经济发展新动能指数统计指标体系 表1 经济发展新动能指数统计指标体系及权重 | 分类指数 | 权重 | 序号 | 指标 | | --- | --- | --- | --- | | 经济活力指数 | 0.2 | 1 | 新设经营主体数量 | | | | 2 | 高新技术企业数 | | | | 3 | 快递业务 ...