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China’s September PMI Rebounds to 50.1, Expanding Factories

By Drooid · Sep 30, 2026, 3:46 PM UTC · How we work

Summary

Story summary

China’s official manufacturing PMI rose to 50.1 in September, showing expanded factory activity.
China’s finance ministry announced mortgage subsidies for first-time buyers and broadened bank loan support.
The People’s Bank of China cut the interest rate on its infrastructure loan program.
Beijing set a GDP growth target of 4.5% to 5% after a 4.3% Q2 slowdown.
China and the United States will cut tariffs on $60 billion of each other’s imports.

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Story summary

China’s official manufacturing PMI rose to 50.1 in September, showing expanded factory activity.
China’s finance ministry announced mortgage subsidies for first-time buyers and broadened bank loan support.
The People’s Bank of China cut the interest rate on its infrastructure loan program.
Beijing set a GDP growth target of 4.5% to 5% after a 4.3% Q2 slowdown.
China and the United States will cut tariffs on $60 billion of each other’s imports.