According to the National Bureau of Statistics, the Manufacturing Purchasing Managers' Index (PMI) was 49.3% in October, down 0.8 percentage points from the previous month, indicating a slight decline in the manufacturing sector's activity level. By enterprise size, the PMI for large enterprises was 50.2%, down 0.4 percentage points from the previous month, but still above the critical point; the PMIs for medium-sized and small enterprises were 48.4% and 47.5% respectively, down 1.3 and 1.4 percentage points from the previous month, and below the critical point.
