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commerce
shāng yè
商业
·HSK 3

China
Zhōngguó
中国
in July / for July
qīyuèfèn
七月份
manufacturing sector
zhìzàoyè
制造业
PMI (Purchasing Managers Index)
PMI
PMI
to drop to / fall to
diè zhì
跌至
49.2 (contraction territory)
49.2
49.2
,
five months
wǔ gè yuè
五个月
within the past period / since
lái
来
for the first time
shǒucì
首次
to contract / to shrink
wěisuō
萎缩
。

China
Zhōngguó
中国
National Bureau of Statistics
guójiā tǒngjìjú
国家统计局
to announce / to release
gōngbù
公布
,
in July
qīyuèfèn
七月份
official / government-issued
guānfāng
官方
manufacturing sector
zhìzàoyè
制造业
Purchasing Managers Index (PMI)
cǎigòu jīnglǐrén zhǐshù
采购经理人指数
from
cóng
从
50.3 (June reading, expansion territory)
50.3
50.3
to drop to
jiàng zhì
降至
49.2 (below the 50 expansion threshold)
49.2
49.2
,
marking result or status
wéi
为
five months
wǔ gè yuè
五个月
since / within the past period
lái
来
for the first time
shǒucì
首次
contraction / to contract
wěisuō
萎缩
。
new orders
xīn dìngdān
新订单
to decrease / to decline
jiǎnshǎo
减少
and
hé
和
typhoon
táifēng
台风
impact / disruption
yǐngxiǎng
影响
to be considered as / regarded as
bèi rènwéi
被认为
to be
shì
是
main / primary
zhǔyào
主要
reason / cause
yuányīn
原因
。

August 1, 2026 at 2:00 AM

China
Zhōngguó
中国
in July / for July
qīyuèfèn
七月份
manufacturing sector
zhìzàoyè
制造业
activity
huódòng
活动
unexpectedly / by surprise
yìwài
意外
to contract / to shrink
wěisuō
萎缩
。
official / government-issued
guānfāng
官方
PMI (Purchasing Managers Index)
PMI
PMI
from
cóng
从
June
liùyuè
六月
structural particle
de
的
50.3 (June reading, expansion territory)
50.3
50.3
to drop to
jiàng zhì
降至
49.2 (contraction territory)
49.2
49.2
,
lower than / below
dīyú
低于
50 (expansion-contraction threshold)
50
50
structural particle
de
的
expansion
kuòzhāng
扩张
baseline / threshold
jīzhǔnxiàn
基准线
。
this
zhè
这
to be
shì
是
five months
wǔ gè yuè
五个月
since / within the past period
lái
来
structural particle
de
的
the first time
dì yī cì
第一次
contraction
wěisuō
萎缩
。
new orders
xīn dìngdān
新订单
sub-index
fēnxiàng
分项
index
zhǐshù
指数
to drop to / fall to
diè zhì
跌至
48.5 (lowest since 2023)
48.5
48.5
,
to be
shì
是
the year 2023
2023 nián
2023年
since
yǐlái
以来
structural particle
de
的
lowest
zuìdī
最低
level
shuǐpíng
水平
。
National Bureau of Statistics
guójiā tǒngjìjú
国家统计局
to state / to indicate
biǎoshì
表示
,
typhoon
táifēng
台风
to cause / to lead to
dǎozhì
导致
coastal
yánhǎi
沿海
region / area
dìqū
地区
some / part of
bùfèn
部分
factories
gōngchǎng
工厂
to halt production / work stoppage
tínggōng
停工
。
high-technology
gāokējì
高科技
manufacturing sector
zhìzàoyè
制造业
structural particle
de
的
PMI (Purchasing Managers Index)
PMI
PMI
still / yet
réng
仍
to remain at / to hold at
bǎochí zài
保持在
53.3 (well above expansion threshold)
53.3
53.3
,
higher than / above
gāoyú
高于
overall
zhěngtǐ
整体
level
shuǐpíng
水平
。
analysts
fēnxī rénshì
分析人士
to say / said
shuō
说
,
domestic
guónèi
国内
demand
xūqiú
需求
insufficient / inadequate
bùzú
不足
still
réng
仍
to be
shì
是
China
Zhōngguó
中国
economy
jīngjì
经济
structural particle
de
的
main / primary
zhǔyào
主要
problem / issue
wèntí
问题
。

News in English

Business

China Manufacturing PMI Falls to 49.2 in July, First Contraction in Five Months

China National Bureau of Statistics announced the official manufacturing PMI fell to 49.2 in July from 50.3 in June, the first contraction in five months, with weaker new orders and typhoon disruptions cited as key reasons.

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artificial intelligence
réngōng zhìnéng
人工智能
revenue / income
shōurù
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prospects / outlook
qiánjǐng
前景
to trigger / to cause
yǐnfā
引发
doubts / questions
yíwèn
疑问
,
semiconductor
bàndǎotǐ
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stock price
gǔjià
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from
cóng
从
October
shí yuè
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peak / high point
gāodiǎn
高点
to retreat / to fall back
huíluò
回落
。

AI Revenue Uncertainty Pulls Semiconductor Stocks Off October Highs

United States
Měiguó
美国
stock market
gǔshì
股市
Friday
zhōuwǔ
周五
strongly / with force
qiángshì
强势
to rebound / to rally
fǎntán
反弹
,
Dow Jones Index
Dào Zhǐ
道指
gained more than
zhǎng chāo
涨超
400 points
400 diǎn
400点
,
to end / to conclude
jiéshù
结束
volatile / turbulent
dòngdàng
动荡
(particle)
de
的
one week
yī zhōu
一周
。

US Stocks Cap Volatile Week With Strong Friday Rally as Dow Gains Over 400 Points

international
guójì
国际
oil prices
yóujià
油价
to maintain / to sustain
wéichí
维持
high level / elevated level
gāowèi
高位
,
Nasdaq (stock exchange)
Nàsīdákè
纳斯达克
index
zhǐshù
指数
Thursday
zhōusì
周四
to close lower / to finish down
shōu diē
收跌
1.3 percent
bǎifēnzhī yī diǎn sān
1.3%
。

Nasdaq Slides 1.3 Percent as Brent Oil Holds Above 100 Dollars

OPEC
Ōu pèi kè
欧佩克
to announce
xuān bù
宣布
November
shí yī yuè
十一月
oil / petroleum
shí yóu
石油
output / production
chǎn liàng
产量
to maintain / to keep
bǎo chí
保持
unchanged
bù biàn
不变
。

OPEC Announces November Oil Output to Remain Unchanged