China's Manufacturing Sector Contracts in October 2025

The purchasing managers' index (PMI) for China's manufacturing sector declined in October 2025, with the PMI standing at 49, down 0.8 percentage points from the previous month. The contraction was attributed to the early release of some demand ahead of the National Day holiday and a complex international environment. Huo Lihui, a chief statistician with the National Bureau of Statistics, noted that manufacturing production activities slowed compared to the previous month.

Key Takeaways:

  • The PMI for China's manufacturing sector contracted in October 2025, with a reading of 49, down 0.8 percentage points from the previous month.
  • The sub-index for production stood at 49.7, indicating a slowdown in manufacturing production, down 2.2 percentage points from September.
  • The sub-index for new orders came in at 48.8 in October, down 0.9 percentage points from the month before, indicating a decline in demand.
  • The sub-index for supplier delivery time stood at 50 percent, a drop of 0.8 percentage points from the previous month, indicating that the delivery time for suppliers of raw materials in the manufacturing industry was basically unchanged from the previous month.
  • The National Day holiday, which coincided with the Mid-Autumn Festival, extended the vacation period from Oct. 1 through Oct. 8, affecting manufacturing production activities.
  • China's manufacturing sector has faced challenges due to a complex international environment, which has impacted demand and production.

Statistics:

  • PMI reading for China's manufacturing sector in October 2025: 49 (down 0.8 percentage points from the previous month)
  • Sub-index for production: 49.7 (down 2.2 percentage points from September)
  • Sub-index for new orders: 48.8 (down 0.9 percentage points from the previous month)
  • Sub-index for supplier delivery time: 50 percent (down 0.8 percentage points from the previous month)
  • National Day holiday period: Oct. 1-8, 2025

Sources:

  • Xinhua (via COMTEX) "PMI for China's manufacturing sector declines in October" (October 31, 2025)
  • National Bureau of Statistics, China (as quoted in Xinhua)