8月制造业采购经理指数为49.4%

Core Viewpoint - The manufacturing Purchasing Managers' Index (PMI) in China for August is 49.4%, indicating a slight improvement in manufacturing sentiment compared to the previous month [1] Summary by Categories Overall PMI Performance - The manufacturing PMI increased by 0.1 percentage points from the previous month, reflecting a slight recovery in the manufacturing sector [1] By Enterprise Size - Large enterprises reported a PMI of 50.8%, up 0.5 percentage points from last month, indicating expansion above the neutral level [1] - Medium enterprises had a PMI of 48.9%, down 0.6 percentage points, remaining below the neutral level [1] - Small enterprises recorded a PMI of 46.6%, an increase of 0.2 percentage points, but still below the neutral level [1] Component Indices - The production index stands at 50.8%, up 0.3 percentage points, suggesting accelerated production expansion in the manufacturing sector [1] - The new orders index is at 49.5%, an increase of 0.1 percentage points, indicating a slight improvement in market demand [1] - The raw materials inventory index is at 48.0%, up 0.3 percentage points, still below the neutral level, showing a narrowing decline in major raw material inventories [1] - The employment index is at 47.9%, down 0.1 percentage points, indicating a slight decline in employment sentiment within manufacturing [1] - The supplier delivery time index is at 50.5%, up 0.2 percentage points, indicating that the delivery times from raw material suppliers are continuing to improve [1]