# China Factory Activity Returns to Growth as Stimulus Outlook Draws Focus

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/25582
Published: 2026-09-30T01:41:00.000Z
Updated: 2026-09-30T01:41:00.000Z
Section: Investing

> The official manufacturing PMI rose to 50.1 in September from 49.8 in August, ending a two-month contraction as policymakers seek to support growth.

China’s factory activity returned to expansion in September, adding to investor focus on Beijing’s stimulus plans and the potential impact on global markets, commodities and crypto assets.

The official manufacturing purchasing managers’ index rose to 50.1 from 49.8 in August. Readings above 50 indicate expansion, while readings below 50 signal contraction. The September result ended two consecutive months of declining activity.

China’s top economic and financial policymakers also unveiled targeted fiscal and monetary measures Tuesday. The steps are designed to reduce financing costs and increase central bank lending as officials work to support economic growth and meet the country’s full-year target.

Manufacturers have benefited from strong demand for artificial-intelligence hardware, but weak domestic consumption remains a concern. Export growth, another important support for the economy, faces pressure from concerns about excess manufacturing capacity and China’s reliance on overseas demand.

A mortgage subsidy announced Tuesday is scheduled to run for one year and is intended to provide more direct support for housing demand. The measures’ broader effect will depend on how they are implemented and whether easier credit reaches investment and consumer activity.