According to Caixin. com on September 2, the purchasing managers index (PMI) of Caixin China's manufacturing industry rose by 0.5 percentage points in August to 50.4, returning to above the dividing line between prosperity and decline, the highest level since April, indicating a slight improvement in manufacturing prosperity.
8月财新中国制造业PMI的改善，主要源于产出回升。8月产出指数升至扩张区间，录得五个月新高，带动产成品库存指数今年以来首次进入扩张区间。厂商普遍表示，增产是因为需求出现转强迹象。
The improvement of PMI in Caixin's manufacturing industry in August was mainly due to the rebound in output. The output index rose to an expansion range in August, a five-month high, driving the inventory index of finished products into the expansion range for the first time since this year. Manufacturers generally say that the increase is due to signs of stronger demand.
新增出口订单指数连续三个月处于收缩区间，8月录得2018年12月以来最低，但新订单指数微降，显示内需改善对出口下滑起到一定对冲作用。
The index of new export orders contracted for three consecutive months, reaching its lowest level since December 2018 in August, but the index of new orders declined slightly, indicating that the improvement of domestic demand has played a hedging role in the decline of exports.
8月就业指数仅微低于荣枯分界线，显示制造业就业状况有所改善。
In August, the employment index was only slightly below the dividing line between prosperity and decline, indicating that the employment situation in manufacturing industry had improved.
制造商反映，受原材料价格下跌影响，平均投入成本在8月重现下降，虽然降幅温和，但厂商为刺激顾客需求，加大力度下调出厂价格，降幅为2016年以来最高。
Manufacturers reported that due to the impact of falling raw material prices, average input costs fell again in August. Although the decline was mild, manufacturers increased efforts to reduce ex-factory prices in order to stimulate customer demand, the decline was the highest since 2016.
