Senior statistician Zhao Qinghe from the Service Industry Survey Center of the National Bureau of Statistics interprets the China Purchasing Managers Index for May 2025.

On May 31, 2025, the National Bureau of Statistics Service Industry Survey Center and the China Federation of Logistics and Purchasing released the China Purchasing Managers' Index. In response, Zhao Qinghe, a senior statistician at the National Bureau of Statistics Service Industry Survey Center, provided an interpretation. In May, the Purchasing Managers' Index for manufacturing was 49.5%, up 0.5 percentage points from the previous month; the non-manufacturing business activity index was 50.3%, down 0.1 percentage points from the previous month; and the comprehensive PMI output index was 50.4%, up 0.2 percentage points from the previous month, indicating that China's overall economic output remained in expansion.