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作成日: 2022/06/01 07:59

更新日: 2025/12/09 15:53

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A key measure of manufacturing in China rose in May. But the gauge remained below the 50-point mark separating growth from contraction for a 3rd month in a row. This is due to the effects of coronavirus lockdown measures in Shanghai and other cities.
                
The National Bureau of Statistics says the Purchasing Managers&#039; Index for manufacturing stood at 49.6. That&#039;s up 2.2 points from April. The PMI is based on a survey of 3,200 companies.
                
The improvement is partly due to the resumption of some factory activity in Shanghai. But the lockdowns under China&#039;s zero-COVID policy have stalled production and caused logistical disruptions, leading to parts and materials shortages.
                
The index for the non-manufacturing sector, which includes the restaurant and hotel industries, rose 5.9 points. But at 47.8, it also remains below the 50-mark for a third straight month.
                
COVID cases are declining across China and authorities in Shanghai are set to start lifting lockdowns on Wednesday. This would allow businesses to resume operations.

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