The purchasing managers' index (PMI) for China’s manufacturing sector was at 51.2 percent in May this year, remaining unchanged compared to April, as announced by China's National Bureau of Statistics (NBS) on May 31.
In the given month, the production index for China's manufacturing sector was at 53.4 percent, down 0.4 percentage points month on month, while the overall new order index for the sector was at 52.3 percent, remaining unchanged compared to the previous month. The raw material inventory index for China's manufacturing sector was at 48.5 percent in May, up 0.2 percentage points compared to the previous month. Also in May, the employment index for China's manufacturing sector stood at 49.4 percent, up 0.2 percentage points month on month, while the supplier delivery time index for the sector in question was at 50.2 percent, down 0.3 percentage points but remaining above the 50 percent threshold.