Mainland factory activity returns to growth: survey - RTHK
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Mainland factory activity returns to growth: survey

2025-07-01 HKT 10:18
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  • The Caixin/S&P Global manufacturing PMI rose to 50.4 in June from 48.3 in May. File photo: Reuters
    The Caixin/S&P Global manufacturing PMI rose to 50.4 in June from 48.3 in May. File photo: Reuters
Mainland factory activity returned to expansion in June, supported by an increase in new orders that lifted production, a private-sector survey showed on Tuesday.

The Caixin/S&P Global manufacturing PMI rose to 50.4 in June from 48.3 in May, surpassing analysts' expectations in a Reuters poll. The 50-mark separates growth from contraction.

The reading contrasts with China's official PMI on Monday that showed factory activity shrank for a third straight month. But new export orders in both surveys remained in negative terrain in June, suggesting potential challenges for exports in the second half of the year. (Reuters)

Mainland factory activity returns to growth: survey