Core Insights - The postal industry in China reported a business revenue of 152.57 billion yuan in September, marking a year-on-year growth of 6.8% [1] - The express delivery business revenue reached 127.37 billion yuan in September, with a year-on-year increase of 7.2% [1] - The total volume of postal services reached 18.34 billion items in September, reflecting a year-on-year growth of 11.2%, while express delivery volume was 16.88 billion items, up by 12.7% [1] Revenue and Volume Summary - From January to September, the cumulative business revenue of the postal industry was 1,313.63 billion yuan, showing a year-on-year growth of 7.7% [1] - Cumulative express delivery revenue for the same period was 1,085.74 billion yuan, with an 8.9% year-on-year increase [1] - The total volume of postal services from January to September reached 158.26 billion items, a year-on-year increase of 15.0%, while express delivery volume was 145.08 billion items, up by 17.2% [1] Segment Analysis - In the first nine months, the volume of same-city express delivery was 11.87 billion items, growing by 4.3% year-on-year; intercity express delivery volume was 130.17 billion items, up by 18.6%; and international/Hong Kong, Macau, and Taiwan express delivery volume was 3.04 billion items, increasing by 13.7% [1] - The cumulative volume of postal letters was 490 million items, down by 33.0%; parcel business volume was 2.1081 million items, down by 0.6%; newspaper volume was 12.21 billion copies, down by 3.5%; magazine volume was 450 million copies, down by 6.2%; and remittance volume was 1.475 million transactions, down by 30.6% [2] Market Share and Regional Insights - The share of same-city, intercity, and international/Hong Kong, Macau, and Taiwan express delivery volumes accounted for 8.2%, 89.7%, and 2.1% of total express delivery volume, respectively [2] - In terms of regional performance, the eastern, central, and western regions accounted for 73.8%, 15.6%, and 10.6% of express delivery revenue, and 71.1%, 19.6%, and 9.3% of express delivery volume, respectively [2] - The concentration index CR8 for express and parcel service brands was 86.9, remaining stable compared to the previous month [3]

Core Insights - In September, the postal industry achieved a business revenue of 152.57 billion yuan, marking a year-on-year growth of 6.8% [1] - The express delivery sector generated a revenue of 127.37 billion yuan in September, reflecting a year-on-year increase of 7.2% [1] - From January to September, the total business revenue of the postal industry reached 1,313.63 billion yuan, with a year-on-year growth of 7.7% [1] - Cumulatively, the express delivery revenue for the first nine months amounted to 1,085.74 billion yuan, showing an 8.9% year-on-year increase [1]

Core Insights - The postal industry in China reported a business revenue of 152.57 billion yuan in September 2025, marking a year-on-year growth of 6.8% [1] - The express delivery business revenue reached 127.37 billion yuan in September, with a year-on-year increase of 7.2% [1] - The total volume of postal delivery services in September was 18.34 billion items, reflecting a year-on-year growth of 11.2% [1] - The express delivery volume for September was 16.88 billion items, showing a year-on-year increase of 12.7% [1] Summary by Period September 2025 - Postal industry business revenue: 152.57 billion yuan, up 6.8% year-on-year [1] - Express delivery revenue: 127.37 billion yuan, up 7.2% year-on-year [1] - Total delivery volume: 18.34 billion items, up 11.2% year-on-year [1] - Express delivery volume: 16.88 billion items, up 12.7% year-on-year [1] January to September 2025 - Cumulative postal industry business revenue: 1,313.63 billion yuan, up 7.7% year-on-year [1] - Cumulative express delivery revenue: 1,085.74 billion yuan, up 8.9% year-on-year [1] - Cumulative total delivery volume: 158.26 billion items, up 15.0% year-on-year [1] - Cumulative express delivery volume: 145.08 billion items, up 17.2% year-on-year [1]

Manufacturing Sector Insights - The manufacturing PMI for September is 49.8%, a month-on-month increase of 0.4 percentage points, indicating a slight recovery within the contraction zone[3] - The new orders index stands at 49.7%, up 0.2 percentage points from the previous month, while the new export orders index increased by 0.6 percentage points to 47.8%[3] - The production index rose to 51.9%, reflecting a month-on-month increase of 1.1 percentage points, indicating active manufacturing activities[3] Price and Demand Dynamics - The major raw material purchase price index remains high at 53.2%, despite a month-on-month decline of 0.1 percentage points[8] - The "anti-involution" policy has supported the prices in certain manufacturing sub-sectors, with the specialized equipment manufacturing price index rising by 2.2 percentage points[2] - However, the overall demand remains weak, as evidenced by declines in finished goods inventory and new orders in the electrical machinery and general equipment manufacturing sectors[2] Non-Manufacturing Sector Overview - The non-manufacturing PMI for September is 50.0%, down 0.3 percentage points, indicating stagnation at the threshold level[4] - The new orders index for non-manufacturing is at 46.0%, a decrease of 0.6 percentage points, while the new export orders index improved to 49.8%, up 1.0 percentage points[10] - The employment index in the non-manufacturing sector is at 45.0%, reflecting a contraction with a month-on-month decline of 0.6 percentage points[10] Sector-Specific Performance - The construction sector's PMI is at 49.3%, with a new orders index of 42.2%, indicating continued contraction despite a slight month-on-month improvement[14] - The service sector PMI is at 50.1%, showing a slight decline of 0.4 percentage points, but still within the expansion zone[14] - Notably, the metal products and automotive manufacturing sectors have shown significant month-on-month improvements in their economic performance[16]

记者了解到，同里邮局咖啡保留了邮寄功能——游客可将写上祝福的明信片投入门口的墨绿色邮 筒，让这份带着水乡温度的信件，随邮政网络传递到远方。 这一场景是同里文旅融合的缩影，也折射出吴江主题邮局的布局成果。据该区邮政业发展中心工作 人员项颖介绍，目前吴江已在同里、黎里、苏州湾3个4A级以上景区建成主题邮局。其中，苏州湾博物 馆邮局是全省首个区县博物馆主题邮局，而同里邮局咖啡则是全市唯一在营的园林主题邮局——它们既 延续着邮局"不远千里，传递情感"的本职，又以咖啡与文创为翼，吸引年轻群体走近邮政文化。 昨天（10月11日），尽管是国庆中秋假期过后第3天，位于吴江同里古镇的全市唯一园林主题邮 局，依旧吸引不少游客驻足打卡。 记者看到，假期后的江南水乡古镇同里热闹依旧。走进同里邮局咖啡，粉墙黛瓦的古镇建筑风貌 与"邮政绿"主色调交织，推开木窗，就可见绿树、古宅、同里三桥，瞬间将人拉入"慢时光"。 邮局内的"POSTCOFFEE邮局咖啡"是核心亮点之一，咖啡不仅主打"颜值与风味并存"，更深度融入 邮政与古镇元素，杯身印着同里风景的"邮票式"设计，让每一杯咖啡都像一张"可饮用的古镇明信片"， 为游客带来味觉与文化的双重体验 ...

活动现场举行了"石榴信箱"开箱仪式。省教育厅相关负责人介绍，中国邮政定制的"石榴信箱"专属 信箱，在31个省（区、市）的200多所学校布设。全国各地中小学生以书信为媒，用规范汉字在信纸上 描绘民族团结的温暖故事。据统计，活动共收到来自1000多所学校的近5000封学生书信。 来自西安电子科技大学、陕西师范大学、西北工业大学、陕西师范大学附属小学的师生带来了原创 情景剧、舞蹈、歌曲等，表达中华民族一家亲的美好情感。中国邮政集团有限公司以艺术表演的形式， 展现企业在国家经济发展、文化传承中的担当和责任。（记者：郭妍） 近日，第28届全国推广普通话宣传周融媒体主题展示活动在陕西师范大学举行。 本次展示活动由教育部语言文字应用管理司、陕西省教育厅指导，教育部宣传教育中心、高等教育 出版社、中国教育电视台主办，陕西广播电视台、陕西师范大学承办，旨在通过创新形式展现国家通用 语言文字的独特魅力，进一步铸牢中华民族共同体意识。 ...

Group 1: Macro Policy and Manufacturing Sector - The macro policy is expected to be intensified and implemented, with the manufacturing PMI showing a slight recovery to 49.8% in September, up 0.4 percentage points from the previous month, indicating ongoing policy effects [2] - The production index rose to 51.9%, marking a continuous expansion for two months, while the procurement volume index increased to 51.6%, suggesting improved production activities [6] - The new orders index for manufacturing increased to 49.7%, indicating a stabilization in market demand, while the new export orders index rose to 47.8%, reflecting a narrowing decline in export demand [6][8] Group 2: Price Trends and Industry Outlook - The purchasing price index for manufacturing decreased to 53.2%, and the factory price index fell to 48.2%, indicating a mixed price trend across different industries [7] - The manufacturing production and business activity expectation index rose to 54.1%, suggesting an optimistic outlook for the fourth quarter, particularly in sectors like food processing, automotive, and aerospace [8] - The non-manufacturing business activity index remained stable at 50.0%, with the construction sector showing slight improvement, while the service sector experienced a minor decline [11][12]

Group 1 - In September, the Manufacturing Purchasing Managers' Index (PMI) was 49.8%, an increase of 0.4 percentage points from August, marking two consecutive months of growth [1][3] - The Non-Manufacturing Business Activity Index stood at 50%, indicating stable overall operations, while the comprehensive PMI output index remained in expansion [1][6] - The financial sector's business activity index rose above 60%, outperforming the same period last year, providing a favorable financial environment for economic recovery [5][6] Group 2 - The production index, new orders index, and purchasing volume index showed signs of recovery, while order indices remained below the threshold, highlighting persistent demand challenges [3][4] - The construction sector's business activity index remained below 50%, indicating weak growth in investment-related construction activities [7] - The overall economic outlook for the fourth quarter is positive, driven by macroeconomic policy support, holiday consumption, and project launches [8][10] Group 3 - The average PMI for the manufacturing sector in the third quarter was 49.5%, showing a slight increase compared to the second quarter and the same period last year [9] - The non-manufacturing sector maintained stable operations with an average business activity index of 50.1% in the third quarter [9] - Expectations for the fourth quarter are optimistic, with manufacturing enterprises showing increased confidence in production activities [10]

Core Insights - The manufacturing PMI for September is reported at 49.8%, indicating a 0.4 percentage point increase from August, marking two consecutive months of recovery [1][2] - The non-manufacturing business activity index stands at 50%, reflecting stable overall operations [1][4] - The composite PMI output index continues to show expansion, suggesting positive effects from growth stabilization policies [1] Manufacturing Sector - The production index, new orders index, and several other indices have shown increases, indicating a recovery in production and procurement activities [2] - However, order indices remain below the threshold, highlighting persistent challenges in market demand [2][3] - The equipment manufacturing and consumer goods sectors show rising purchasing price indices, while the basic raw materials sector faces pressure due to weak demand and price declines [3] Non-Manufacturing Sector - The non-manufacturing business activity index remains stable at 50%, with the financial services index exceeding 60%, indicating a favorable financial environment for economic recovery [4][5] - New momentum industries, such as telecommunications and internet services, continue to perform well, contributing to economic vitality [4] Economic Outlook - The macroeconomic environment is expected to improve in the fourth quarter, driven by increased macro policies, holiday consumption, and optimistic business expectations [1][6] - The manufacturing sector is anticipated to see sustained growth in production activities, supported by favorable market prices and completion of annual business targets [6][7] - The construction and service sectors are expected to experience a rebound in activity due to year-end effects and holiday demand [7]

Core Insights - The manufacturing PMI in China rose to 49.8% in September, indicating a slight recovery but still below the expansion threshold [1] - The non-manufacturing business activity index decreased to 50.0%, reflecting a slight slowdown in non-manufacturing activities [1] Manufacturing Sector - The manufacturing production index increased to 51.9%, marking a continuous expansion for five months [4] - The purchasing volume index rose to 51.6%, indicating improved procurement activities [4] - New orders index reached 49.7%, showing a stabilization in market demand [4] - The export new orders index improved to 47.8%, suggesting a narrowing decline in export demand [4] - The manufacturing purchase price index was 53.2%, while the factory price index fell to 48.2%, indicating mixed price trends across sectors [5] Non-Manufacturing Sector - The non-manufacturing business activity index remained stable at 50.0%, with the construction index at 49.3% and the services index at 50.1% [8] - The business activity expectation index for non-manufacturing remained above 55%, indicating stable optimism among enterprises [8] - The postal industry showed significant growth, with indices above 60%, reflecting active online shopping [8][9] Future Outlook - The manufacturing sector is expected to see continued growth in Q4, driven by macro policies and seasonal demand [5] - Non-manufacturing activities are anticipated to stabilize and recover, supported by year-end effects and holiday demand [10]