According to CoinMeta, data released by the National Bureau of Statistics shows that in October 2026, the Manufacturing Purchasing Managers Index (PMI) was 49.3%, a decrease of 0.8 percentage points from the previous month, indicating a decline in the manufacturing sector's prosperity level. Looking at enterprise size, large enterprises had an PMI of 50.2%, down 0.4 percentage points from the previous month, still above the critical point. However, small and medium-sized enterprises had PMIs of 48.4% and 47.5% respectively, which is a decrease of 1.3 and 1.4 percentage points from the previous month, and both are below the critical point.