The purchasing managers' index (PMI) for China’s manufacturing sector was at 50.4 percent in September this year, remaining stable compared to August, as announced by China's National Bureau of Statistics (NBS) on October 1.
In the given month, the production index for China's manufacturing sector was at 52.8 percent, up 0.2 percentage points month on month, while the overall new order index for the sector was at 50.9 percent, down 0.4 percentage points compared to the previous month. The raw material inventory index for China's manufacturing sector was at 47.4 percent in September, down 0.2 percentage points compared to the previous month. Also in September, the employment index for China's manufacturing sector stood at 48.6 percent, rising by 0.2 percentage points month on month, while the supplier delivery time index for the sector in question was at 49.9 percent, remaining under the 50 percent threshold.