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China Manufacturing PMI

Last Release
Apr 30, 2022
Actual
46
Forecast
48
Previous
48.1
Frequency
Monthly
Units In
Points
Next Release
Jun 01, 2022
Time to Release
4 Days 23 Hours
Highest
Lowest
Average
Date Range
Source
54.9
Nov 2020
40.3
Feb 2020
50.08 Points2011-2022Markit Economics
In China, the Caixin Manufacturing PMI Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of private 430 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.

Latest Updates

The Caixin China General Manufacturing PMI fell to a 26-month low of 46.0 in April of 2022 from March's reading of 48.1, below market forecasts of 47.0. The latest figure was also the third contraction in factory activity since the start of the year, as COVID-19 outbreaks took a toll on the economy. Both output and new orders fell at the second steepest pace since the survey began in early 2004, while export orders shrank at the sharpest rate in nearly two years. At the same time, firms significantly cut purchases; employment declined in eight of the last nine months, including April; while backlogs of work rose further. Delivery times lengthened at second-quickest rate on record, due to travel curbs and raw material shortages. On prices, input cost rose further but the rate of inflation eased; while selling prices rose modestly, on efforts to stay competitive and attract new business. Lastly, sentiment was subdued, amid concerns that the control measures would last too long.

China Manufacturing PMI History

Last 12 readings

China Business Indicators

All China indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Business Confidence
47.4
Apr 2022
49.5
Mar 2022
35.7
Feb 2020
59.2
Apr 2008
PointsMonthly2005-2022
Capacity Utilization
75.8
Mar 2022
77.4
Dec 2021
67.3
Mar 2020
78.4
Jun 2021
%Quarterly2013-2022
Car Production
996,000
Apr 2022
1,881,075
Mar 2022
195,000
Feb 2020
2,669,100
Nov 2017
UnitsMonthly2005-2022
Car Registrations
965,000
Apr 2022
1,864,360
Mar 2022
213,534
Feb 2005
2,672,300
Dec 2016
Monthly2005-2022
Cement Production
19,471
Apr 2022
18,654.56
Mar 2022
781.5
Jan 1984
24,868.68
May 2020
Ten Thousands of TonnesMonthly1983-2022
Changes In Inventories
6,718
Dec 2020
6,609
Dec 2019
3
Dec 1962
15,873.1
Dec 2018
CNY HMLYearly1952-2020
Competitiveness Index
73.9
Dec 2019
72.61
Dec 2018
4.55
Dec 2007
73.9
Dec 2019
PointsYearly2007-2019
Competitiveness Rank
28
Dec 2019
28
Dec 2018
26
Dec 2012
34
Dec 2007
Yearly2007-2019
Composite PMI
37.2
Apr 2022
43.9
Mar 2022
27.5
Feb 2020
57.5
Nov 2020
PointsMonthly2013-2022
Corporate Profits
1,955,570
Mar 2022
1,157,560
Feb 2022
1,617
Feb 1998
8,709,210
Dec 2021
CNY MillionMonthly1996-2022
Corruption Index
45
Dec 2021
42
Dec 2020
21.6
Dec 1995
45
Dec 2021
PointsYearly1995-2021
Corruption Rank
66
Dec 2021
78
Dec 2020
40
Dec 1995
100
Dec 2014
Yearly1995-2021
Ease of Doing Business
31
Dec 2019
46
Dec 2018
31
Dec 2019
99
Dec 2012
Yearly2008-2019
Electricity Production
608,600
Apr 2022
670,170
Mar 2022
41,760
Feb 1989
758,620
Jul 2021
Gigawatt-hourMonthly1989-2022
Employed Persons
74,652
Dec 2021
78,657
Dec 2020
20,729
Dec 1952
78,657
Dec 2020
Tens of ThousandsYearly1952-2021
IP Addresses
98,862,937
Mar 2017
104,032,031
Dec 2016
28,818,357
Sep 2007
119,094,184
Mar 2015
IPQuarterly2007-2017
Industrial Production
-2.9
Apr 2022
5
Mar 2022
-21.1
Jan 1990
35.1
Jan 2021
%Monthly1990-2022
Industrial Production Mom
-7.08
Apr 2022
0.39
Mar 2022
-22.1
Feb 2020
36.56
Mar 2020
%Monthly2011-2022
Internet Speed
7,583.32
Mar 2017
6,295.74
Dec 2016
635.7
Jun 2008
7,583.32
Mar 2017
KBpsQuarterly2007-2017
Leading Economic Index
94.68
Nov 2021
95.34
Oct 2021
94.68
Nov 2021
118.17
Jul 1992
PointsMonthly1991-2021
Manufacturing PMI
46
Apr 2022
48.1
Mar 2022
40.3
Feb 2020
54.9
Nov 2020
PointsMonthly2011-2022
Manufacturing Production
-4.6
Apr 2022
4.4
Mar 2022
-15.7
Jan 2020
39.5
Jan 2021
%Monthly2013-2022
Mining Production
9.5
Apr 2022
12.2
Mar 2022
-6.5
Jan 2020
17.5
Jan 2021
%Monthly2013-2022
NBS General PMI
42.7
Apr 2022
48.8
Mar 2022
28.9
Feb 2020
55.7
Nov 2020
PointsMonthly2017-2022
New Orders
42.6
Apr 2022
48.8
Mar 2022
29.3
Feb 2020
65.1
Apr 2006
PointsMonthly2005-2022
Non Manufacturing PMI
41.9
Apr 2022
48.4
Mar 2022
29.6
Feb 2020
62.2
May 2007
%Monthly2007-2022
Services PMI
36.2
Apr 2022
42
Mar 2022
26.5
Feb 2020
58.4
Jun 2020
PointsMonthly2012-2022
Steel Production
88,300
Mar 2022
75,000
Feb 2022
4,918
Feb 1990
99,500
May 2021
Thousand TonnesMonthly1990-2022
Total Vehicle Sales
1,181,000
Apr 2022
2,233,912
Mar 2022
88,416
Jan 1998
3,060,271
Dec 2017
UnitsMonthly1997-2022

Manufacturing PMI across Asia

Manufacturing PMI global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
China
46
Apr 2022
48.1
Mar 2022
40.3
Feb 2020
54.9
Nov 2020
Points Monthly2011-2022
Hong Kong
51.7
Apr 2022
42
Mar 2022
33.1
Feb 2020
53.3
Feb 2014
Points Monthly2011-2022
India
54.7
Apr 2022
54
Mar 2022
27.4
Apr 2020
58.9
Oct 2020
Points Monthly2012-2022
Indonesia
51.9
Apr 2022
51.3
Mar 2022
27.5
Apr 2020
57.2
Oct 2021
Points Monthly2012-2022
Japan
53.2
May 2022
53.5
Apr 2022
29.6
Feb 2009
56.2
Jan 2014
Points Monthly2008-2022
Kazakhstan
49
Apr 2022
46.8
Mar 2022
39.3
Apr 2020
52.9
Jun 2020
Points Monthly2019-2022
Malaysia
51.6
Apr 2022
49.6
Mar 2022
31.3
Apr 2020
53.9
Apr 2021
Points Monthly2015-2022
Myanmar
50.4
Apr 2022
47.1
Mar 2022
27.5
Mar 2021
55.5
Apr 2018
Points Monthly2016-2022
Philippines
54.3
Apr 2022
53.2
Mar 2022
31.6
Apr 2020
57.5
Sep 2016
Points Monthly2016-2022
Singapore
50.3
Apr 2022
50.1
Mar 2022
44.7
Apr 2020
53.1
Jan 2018
Points Monthly2012-2022
South Korea
52.1
Apr 2022
51.2
Mar 2022
41.3
May 2020
55.3
Feb 2021
Points Monthly2011-2022
Sri Lanka
36.4
Apr 2022
57.8
Mar 2022
24.2
Apr 2020
67.3
May 2015
Points Monthly2015-2022
Taiwan
51.7
Apr 2022
54.1
Mar 2022
41.9
May 2020
62.4
Apr 2021
Points Monthly2011-2022
Thailand
51.9
Apr 2022
51.8
Mar 2022
36.8
Apr 2020
52.5
Feb 2022
Points Monthly2016-2022
Vietnam
51.7
Apr 2022
51.7
Mar 2022
32.7
Apr 2020
56.5
Nov 2018
Points Monthly2012-2022

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