The purchasing managers' index (PMI) for China’s manufacturing sector was at 50.1 percent in May this year, remaining stable compared to April, as announced by China's National Bureau of Statistics (NBS) on June 1.
In the given month, the production index for China's manufacturing sector was at 52.3 percent, up 0.1 percentage point month on month, while the overall new order index for the sector was at 50.7 percent,down 0.3 percentage points compared to the previous month.
The raw material inventory index for China's manufacturing sector was at 47.6 percent in May, up 0.2 percentage points compared to the previous month. Also in May, the employment index for China's manufacturing sector stood at 48.2 percent, up 0.4 percentage points month on month, while the supplier delivery time index for the sector in question was at 50.4 percent, remaining above the 50 percent threshold.