Group 1: PMI Data Overview - In June, the manufacturing PMI, non-manufacturing PMI, and composite PMI output indices were 49.7%, 50.5%, and 50.7%, respectively, with month-on-month increases of 0.2, 0.2, and 0.3 percentage points[2] - The manufacturing PMI has remained below the boom-bust line for three consecutive months, indicating ongoing economic pressure[3] - Non-manufacturing PMI showed resilience, particularly in the construction sector, which saw significant growth driven by residential and construction engineering[3] Group 2: Production and Demand Insights - Production and demand both rebounded, with demand rising above the boom-bust line, and the increase in demand outpacing production[4] - New orders increased by 0.4 percentage points to 50.2, new export orders rose by 0.2 percentage points to 47.7, and existing orders improved by 0.4 percentage points to 45.2[4] - Raw material inventory continued to rise, with the inventory of finished products significantly increasing by 1.6 percentage points to 48.1[5] Group 3: Price and Profitability Trends - Price indices rebounded for the first time since February, with the purchasing price index rising by 1.5 percentage points to 48.4, while the factory price index also increased by 1.5 percentage points to 46.2[5] - Despite the price increases, profit pressures for enterprises have not improved, indicating ongoing challenges in profitability[5] Group 4: Sector Performance - In the manufacturing sector, 6 out of 15 industries (40%) were in a prosperous range, an increase from 4 in May, with notable performance in petroleum processing, chemical fiber, and electrical equipment[6] - In the non-manufacturing sector, 10 out of 19 industries (53%) were in a prosperous range, a decrease from 13 in the previous month, with strong performance in postal services and civil engineering[6]