China's National Bureau of Statistics: June manufacturing PMI at 49.5, same as previous month - China report

China's National Bureau of Statistics announced on the 30th that the manufacturing Purchasing Managers' Index (PMI) for June was 49.5, the same level as the previous month.
By item, the production index was 50.6, down 0.2 points from the previous month, but the
The index has been above the dividing line of 50 for four consecutive months. The production index for metal products, railways, ships, and other related equipment was high at 55, accelerating the growth rate. Production of petroleum, coal, and other fuel processing
The index was below 50, indicating that production activity was slowing down slightly. The new orders index was 49.5, down 0.1 points from the previous month.
The new orders index for data and communications equipment exceeded 53, maintaining a high level. The new orders index for chemical raw materials and chemical products, and non-metallic mineral products were all at low levels.
Demand in the manufacturing market remains insufficient. Meanwhile, the non-manufacturing PMI, which covers the construction and services sectors, increased by 0.6 percentage points from the previous month.
The index dropped to 50.5.