China Private Manufacturing Gauge Shows Steady Expansion in October
Demand growth was mainly driven by new product launches and improved production capabilities, with exporters reporting higher sales volumes.
China’s factory activity expanded at a slightly slower pace in October, according to the RatingDog China General Manufacturing Purchasing Managers’ Index compiled by S&P Global. The index edged down to 52.0 from 52.1 in September, a figure that exceeded a forecast of 51.6. This reading contrasted with China's official PMI, which showed an unexpected fall in factory activity.
While output rose at its fastest rate in six months, growth in export orders slowed to a three-month low, according to Investing.com. The new orders index declined slightly to 53.3 from 53.4 in September. WSJ Economy reported that demand growth was primarily driven by improved production capabilities and new product launches, with exporters noting higher sales volumes.
Investing.com noted that output prices fell due to intense competition and easing input costs, while export prices declined for the first time since November 2025. Employment saw marginal growth for a second consecutive month, and the backlog of work increased for the ninth month. Additionally, purchasing activity saw its fastest growth since February, and stocks of purchased goods increased at the strongest pace in five months.
Brief written by urgent.news from WSJ Economy, Investing.com — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
