National Bureau of Statistics: PMI for large enterprises in May rose above the critical point.

The PMI of large enterprises is 50.7%, an increase of 1.5 percentage points from the previous month, returning to the expansion range. Its production index and new orders index are 51.5% and 52.5%, respectively, an increase of 1.7 and 3.0 percentage points from the previous month; the PMI of medium-sized enterprises is 47.5%, a decrease of 1.3 percentage points from the previous month, and the business climate level has fallen; the PMI of small enterprises is 49.3%, an increase of 0.6 percentage points from the previous month, and the business climate has improved slightly.