WeChat QR Code

Home>News Center

Global manufacturing PMI nears 50% as Asia drives recovery, China’s economy shows resilience: industry federation

2025-09-06 15:59:05       source:Global Times

September 6, 2025


The Global Manufacturing Purchasing Managers’ Index (PMI) for August showed that Asia’s manufacturing sector remained in expansionary territory and continues to serve as a key driver of global growth, with China’s strengthening economic fundamentals serving as a major contributing factor, according to data released on Saturday by a Chinese industry federation.

Date from the China Federation of Logistics and Purchasing (CFLP) indicated that the global manufacturing PMI rose to 49.9 percent in August, up 0.6 percentage points from the previous month, state broadcaster CCTV News reported on Saturday.

Although the index has stayed below the 50-percent threshold for six consecutive months, signaling that global manufacturing is still in a weak recovery cycle, “the pace of improvement was slightly stronger than in July,” the report sIaid.


Read more:

https://www.globaltimes.cn/page/202509/1342801.shtml