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China factory activity grows faster than expected in June on tech export demand

CNBC · Jun 30, 2026, 1:40 AM · Also reported by 4 other sources

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China's manufacturing activity picked up faster than expected in June buoyed by strong demand for high-tech exports amid global AI boom.
The official purchasing managers' index edged up to 50.3 in June, beating economists' forecast of 50.1, returning to the expansionary territory above the 50-point threshold.

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China's manufacturing activity picked up faster than expected in June buoyed by strong demand for high-tech exports amid global AI boom.

The official purchasing managers' index edged up to 50.3 in June, beating economists' forecast of 50.1, returning to the expansionary territory above the 50-point threshold. The index stood at 50 in May.

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China factory activity grows faster than expected in June on tech export demand

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