China's factory activity flat in May, PMI shows
China's factory activity flat in May, PMI shows
ReutersSun, May 31, 2026 at 1:39 AM UTC
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Employees work on a production line manufacturing metal parts for furniture at a factory in Hangzhou, Zhejiang province, China April 30, 2020. China Daily via REUTERS
BEIJING, May 31 (Reuters) - China's factory activity came in flat in May, an official survey showed on Sunday, indicating that the manufacturing sector was under pressure from weak domestic demand and higher production costs.
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The official manufacturing purchasing managers' index (PMI) dropped to 50 from 50.3 in April, straddling the 50-mark separating growth from contraction, according to a survey by the National Bureau of Statistics. Economists polled by Reuters had forecast the gauge to come in at 50.
(Reporting by Ethan Wang, Yukun Zhang and Ryan Woo; Editing by Sonali Paul)
Source: “AOL Money”