Group 1 - The Purchasing Managers' Index (PMI) for the manufacturing sector in July is reported at 49.3%, a decrease of 0.4 percentage points from the previous month [1] - The production index stands at 50.5%, indicating a slight increase of 0.5 percentage points [1] - The main raw materials purchasing price index is at 51.5%, which reflects an increase of 3.1 percentage points [1] - The production and business activity expectation index is recorded at 52.6%, showing an increase of 0.6 percentage points [1]

Group 1 - Manufacturing PMI has risen for two consecutive months, indicating a continued recovery in China's macro economy [5] - In June, the manufacturing PMI increased to 49.7%, with 11 out of 21 surveyed industries in the expansion zone, reflecting an improvement in manufacturing sentiment [6] - The new orders index returned to the expansion zone at 50.2%, indicating a recovery in market demand [6] Group 2 - The price index ended a three-month decline, with the main raw material purchase price index at 48.4% and the factory price index at 46.2%, both showing improvement [7] - Large enterprises' PMI rose to 51.2%, significantly supporting the overall manufacturing sector, while small enterprises' PMI fell to 47.3% [7] - The manufacturing sector is expected to maintain steady growth in the second half of the year, driven by policy support and stable market demand [7] Group 3 - The non-manufacturing business activity index was at 50.5%, indicating continued expansion in the service sector [10] - The service sector's business activity index was 50.1%, showing stability, while the business activity expectation index was at 56.0%, reflecting optimism for future growth [10] - The construction business activity index rose to 52.8%, with civil engineering construction remaining robust [11] Group 4 - Infrastructure projects are progressing rapidly, supported by special bonds for land acquisition and government investment funds [11] - The expansion of special bond allocations is expected to stimulate more infrastructure demand, contributing to stable economic growth [11]