
China’s factory PMI returns to expansion, but smaller firms lag
The September survey rose to 50.1, while employment and smaller-enterprise readings remained below the threshold.
Manufacturing, domestic demand, electric vehicles and the changing shape of a major industrial economy.
Read the latest briefings alongside earlier decisions, investments and economic releases. Historical source dates are shown on archive stories.

The September survey rose to 50.1, while employment and smaller-enterprise readings remained below the threshold.

Electrified vehicles gained share even as the overall automobile market slipped slightly from a year earlier.

The January 2025 release showed stronger fourth-quarter growth alongside continuing property-sector weakness.