Video thumbnail for China: China's RatingDog PMI for September points to fastest private sector expansion in months.

China: China's RatingDog PMI for September points to fastest private sector expansion in months.

Oct 1, 2026

StringersHub

Shotlist FILE: Chongqing Municipality, southwest China - Date Unknown 1. Robotic arms working in factory 2. Various of automatic auto assembly line FILE: Guangxi Zhuang Autonomous Region, south China - Date Unknown 3. Aerial shot of container being unloaded from ship 4. Aerial shot of port 5. Cargo ship sailing in water FILE: Guangdong Province, south China - Date Unknown 6. Various of engineers developing simulated driving system 7. Various of researchers working in lab FILE: China - Exact Location and Date Unknown 8. Aerial shot of band playing music on roof 9. Various of tourists dining, watching dance performance, posing for photos 10. Aerial shot of tourists in scenic area Shanghai, China - Recent 11. Various diners, cooks in restaurant 12. Various of nighttime cityscape Storyline China's private sector posted its fastest growth in months in September, according to data released Wednesday by RatingDog, a financial technology and credit research firm based in Shenzhen City, south China. The RatingDog manufacturing Purchasing Managers' Index (PMI), which tracks smaller private companies, came in at 52.1, indicating the fastest factory output growth since April and 10 consecutive months of expansion, supported by rising new domestic and overseas orders. The services sector expanded at the fastest pace in three months, driven primarily by new businesses. All of this pushed the comprehensive PMI reading up to 52.4, in turn boosting overall business confidence. However, analysts noted that fierce market competition has sparked price wars among many companies, warning that profit margins could be squeezed further in the coming months.
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