Global manufacturing PMI rose slightly in June within contraction range

The global manufacturing purchasing managers' index (PMI) rosed slightly in June to 49.5 percent, up 0.3 percentage points from the previous month, according to data released by the China Federation of Logistics and Purchasing (CFLP) on Sunday.

This marks the second consecutive month that the index has risen slightly in the contraction range, indicating that the momentum of global economic recovery has been picking up, yet still facing downward pressure.

The World Bank's latest Global Economic Prospects report, which was released on June 10, lowered the global economic growth forecast for 2025 to 2.3 percent from 2.7 percent in January.

The downward pressure mainly stems from factors such as the unclear direction of U.S. tariff policy and continued geopolitical conflicts, according to CFLP officials.

"The global manufacturing PMI has been running in the contraction range for four consecutive months, indicating significant challenges to global economic recovery. Countries should stabilize economic growth with approaches such as improving the resilience of the supply chain, increasing technological innovation, and promoting diversified market layout. At the same time, they should continue to firmly promote multilateral trade cooperation and build a stable and sustainable economic growth path," said He Hui, vice president of the CFLP.

In terms of regions, the Asian manufacturing PMI was 50.7 percent in June, up 0.3 percentage points from the previous month, continuing to remain in the expansion range and providing good support for the global economic recovery.

The Americas' index was 48.6 percent in June, up 0.2 percentage points from May, staying below 49 percent for four consecutive months.

In Europe, the index was 48.8 percent in June, up 0.1 percentage points from the previous month, rising slightly for six consecutive months.

The Africa's index was 49.7 percent in June, up 1 percentage point from the previous month, ending two consecutive months of a month-on-month decline.

Global manufacturing PMI rose slightly in June within contraction range

Global manufacturing PMI rose slightly in June within contraction range

Global manufacturing PMI rose slightly in June within contraction range

Global manufacturing PMI rose slightly in June within contraction range

The World Data Organization (WDO) was formally established in Beijing on Monday, marking a significant step toward global cooperation on data development and governance.

Around 500 people attended the inaugural assembly of the WDO, including representatives of the organization's members, Chinese and international scientists and technologists, government officials, and heads of international organizations.

As a professional, non-governmental and non-profit international body voluntarily established by relevant entities and individuals in the global data sector, the WDO aims to provide a platform for global data collaboration that is practice-oriented, industry-focused and designed for multi-stakeholder dialogue and cooperation.

"Data can drive innovation, strengthen policy making, and accelerate scientific progress, but only if access is equitable and capacity is built, where it is needed most," Muhammadou M.O. Kah, chair of the United Nations Commission on Science and Technology for Development, and vice chair of the UN Data Governance Working Group said at the meeting.

China's digital infrastructure has seen rapid advancement. By mid-2025, the country had built over 4.8 million 5G base stations, with total computing power ranking second globally.

"We make cell phone chip sets. So we're very interested in data and China, especially with making sure that 5G and then looking forward to 6G networks are done really well," said Jonathan Gerald Thomason from Qualcomm Wireless Ltd.

"Having the opportunity to have secure and rule-based data system is very important. So I think establishing World Data Organization is a good one," said Kimiebi Imomotimi Ebienfa, spokesman of the Ministry of Foreign Affairs of Nigeria.

With its headquarters in Beijing, the WDO, is the first professional international organization focused on advancing data development and governance practices.

It is expected that by 2030, the organization will become an internationally influential platform and a trusted hub in the data field.

World Data Organization launched in Beijing to bridge global data divide