国家统计局：9月制造业PMI为49.8%，比上月上升0.4个百分点

Core Insights - The manufacturing Purchasing Managers' Index (PMI) for September is reported at 49.8%, an increase of 0.4 percentage points from the previous month, indicating continued improvement in manufacturing sentiment [1] Manufacturing Sector - Large enterprises have a PMI of 51.0%, up 0.2 percentage points from last month, remaining above the critical point [1] - Medium-sized enterprises show a PMI of 48.8%, down 0.1 percentage points from last month, below the critical point [1] - Small enterprises report a PMI of 48.2%, an increase of 1.6 percentage points from last month, still below the critical point [1] - Among the five sub-indices that comprise the manufacturing PMI, the production index and supplier delivery time index are above the critical point, while the new orders index, raw material inventory index, and employment index are below the critical point [1] Non-Manufacturing Sector - The non-manufacturing business activity index stands at 50.0%, a decrease of 0.3 percentage points from the previous month, indicating overall stability in non-manufacturing business volume [1] Composite PMI - The composite PMI output index is at 50.6%, an increase of 0.1 percentage points from last month, indicating that production and operational activities in enterprises are continuing to expand [1]