The purchasing managers' index (PMI) for China’s manufacturing sector was at 49.9 percent in July this year, down 0.1 percentage point compared to June, as announced by China's National Bureau of Statistics (NBS) on August 1.
In the given month, the production index for China's manufacturing sector was at 52.1 percent, down 0.4 percentage points month on month, while the overall new order index for the sector was at 50.4 percent, down 0.1 percentage point compared to the previous month.
The raw material inventory index for China's manufacturing sector was at 47.3 percent in July, up 0.3 percentage points compared to the previous month. Also in July, the employment index for China's manufacturing sector stood at 48.2 percent, rising by 0.3 percentage points month on month, while the supplier delivery time index for the sector in question was at 50.5 percent, remaining above the 50 percent threshold.