National Bureau of Statistics: The composite PMI output index for October was 49.7%, down 1.0 percentage point from the previous month.

Zhitong Finance APP has learned that on October 31, data from the National Bureau of Statistics showed that in October, the manufacturing Purchasing Managers' Index (PMI) was 49.3%, down 0.8 percentage points from the previous month, indicating that the manufacturing sector's prosperity level declined somewhat. The non-manufacturing business activity index was 49.7%, down 0.5 percentage points from the previous month, indicating that the non-manufacturing sector's prosperity level declined. The composite PMI output index was 49.7%, down 1.0 percentage point from the previous month, indicating that overall production and business activities of Chinese enterprises slowed somewhat.