The NBS PMI rose 0.3 points to 50.1. Production climbed to 51.7 and new orders held at 50.5. The consumer goods index stood at 50.7 and small firms improved to 48.9. Huo Lihui of the NBS Service Industry Survey Center cited continued expansion in production and demand.
Price pressure built further. The raw material purchase price index rose to 60.8 from 56.6, and the factory selling price index to 54.0 from 50.4.
Both surveys came out on 30 September, ahead of Golden Week. The RatingDog PMI rose to 52.1 from 51.5. New export orders grew at the strongest rate since February. Input cost inflation hit a four-month high on metals and oil, firms raised selling prices slightly, and some clients were building safety stocks.
Sources
- National Bureau of Statistics of China: Purchasing Managers' Index for September 2026 (opens in a new tab)
- China Daily Hong Kong: China's September manufacturing PMI (opens in a new tab)
- investingLive: RatingDog China manufacturing PMI 52.1 tops forecast (opens in a new tab)
A summary of the public sources above, checked when it was published. General information, not legal, tax or financial advice.

