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Financial News: China Manufacturing Activity Shrinks In October

China Manufacturing Activity Shrinks In October

10/31/2025 - 00:14:00 (RTTNews)

(RTTNews) - China's manufacturing sector contraction deepened in October, official survey results from the National Bureau of Statistics showed on Friday. The factory PMI fell more-than-expected to 49.0 in October from 49.8 in September. A reading below 50.0 indicates contraction. The score was seen at 49.6.

Meanwhile, the non-manufacturing PMI edged up to 50.1 from 50.0 in the previous month. The reading came in line with expectations.

As a result, the composite indicator that tracks both the manufacturing and services sectors, slid to 50.0 in October from 50.6 in the prior month.

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