The Zhitong Finance App learned that on October 31, data from the National Bureau of Statistics showed that in October, the manufacturing purchasing managers' index (PMI) was 49.3%, down 0.8 percentage points from the previous month, and the manufacturing sentiment level declined somewhat. The non-manufacturing business activity index was 49.7%, down 0.5 percentage points from the previous month, and the level of non-manufacturing sentiment declined. The composite PMI output index was 49.7%, down 1.0 percentage point from the previous month. The overall production and operation activities of Chinese enterprises have slowed down.

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