In February 2025, the manufacturing PMI was 50.2, up 1.1 percentage points from 49.1 in the previous month, returning above the boom-bust line;
Among them:
The PMI for large enterprises was 52.5%, up 2.6 percentage points from the previous month, above the critical point;
The PMI for medium-sized enterprises was 49.2%, down 0.3 percentage points from the previous month, below the critical point;
The PMI for small enterprises was 46.3%, down 0.2 percentage points from the previous month, below the critical point.
The non-manufacturing PMI was 50.4, and the composite PMI was 51.1, both up from the previous month.
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