Business confidence · China
China NBS Manufacturing PMI
The China NBS Manufacturing PMI asks companies in China how they judge current business conditions and what they expect for the coming months.
- الأهمية
- High
- صدر
- Monthly
- الإصدار التالي
- العملة
- CNH · Chinese yuan (renminbi)
- البنك المركزي
- The People's Bank of China
أحدث الأرقام
صدر آخر إصدار، عن OCT، في 2026-10-31 وجاء عند 49.3. هذا أدنى من الإجماع البالغ 50. هذا أقل من 50.1 في المرة السابقة.
A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.
خلال آخر 12 إصدارات تراوح بين 49.0 و50.4، بمتوسط 49.8.
| صدر | المدة | الفعلي | التوقعات | السابق |
|---|---|---|---|---|
| 31 Oct 2026 | OCT | 49.3 | 50 | 50.1 |
| 30 Sep 2026 | SEP | 50.1 | 50.1 | 49.8 |
| 31 Aug 2026 | AUG | 49.8 | 49.7 | 49.2 |
| 31 Jul 2026 | JUL | 49.2 | 50.0 | 50.3 |
| 30 Jun 2026 | JUN | 50.3 | 50.1 | 50.0 |
| 31 May 2026 | MAY | 50 | 50 | 50.3 |
| 30 Apr 2026 | APR | 50.3 | 50.1 | 50.4 |
| 31 Mar 2026 | MAR | 50.4 | 50.1 | 49.0 |
| 4 Mar 2026 | FEB | 49.0 | 49.1 | 49.3 |
| 31 Jan 2026 | JAN | 49.3 | 50 | 50.1 |
| 31 Dec 2025 | DEC | 50.1 | 49.2 | 49.2 |
| 30 Nov 2025 | NOV | 49.2 | 49.2 | 49.0 |
لماذا يهم
Confidence leads hiring and investment decisions, so these surveys often turn before the hard data. Germany's Ifo and ZEW, and Japan's Tankan, are among the most market-moving releases for the euro and the yen.
طريقة الحساب
Survey answers (better/same/worse) are turned into a balance (positive minus negative answers) or an index around a long-run average of 100; the release separates current conditions from expectations.
ما تعنيه التغيرات
- The expectations component turns first; watch its direction over several months.
- A gap between strong current conditions and weak expectations often marks a peak.
أعلى من المتوقع: A stronger figure than expected points to a healthier economy: it usually supports the Chinese yuan (renminbi) and local stocks, and can push bond yields up.
أقل من المتوقع: A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.
لمحة تاريخية قصيرة
Business tendency surveys began in Germany (Ifo) and other European countries after the Second World War; the Bank of Japan's Tankan has been run for decades, and the ZEW financial-expert survey since 1991.
الأسئلة
What is the China NBS Manufacturing PMI?
The China NBS Manufacturing PMI asks companies in China how they judge current business conditions and what they expect for the coming months.
What was the latest China NBS Manufacturing PMI?
49.3 for OCT, published on 31 October 2026 (consensus 50, previous 50.1).
When is the next China NBS Manufacturing PMI?
On Monday 30 November 2026 at 01:30 UTC.
محتوى تعليمي فقط، وليس نصيحة استثمارية. الأرقام هي النتائج المنشورة كما سجّلتها مفكرتنا؛ وردود فعل السوق الموصوفة نموذجية وليست مضمونة.