Resilience Index: China’s Factory Activity Shows Best Quarter Since 2020

Despite sanctions pressure, the PRC’s industry is demonstrating explosive growth. On July 1, 2026, the private PMI index (from RatingDog and S&P Global) recorded that Chinese factory activity completed its strongest quarter since late 2020.

This result shatters skeptics' forecasts. The key driver of the industrial boom was the aggressive demand for high-tech exports and artificial intelligence components. Chinese manufacturers have successfully pivoted to serving both the domestic sovereign AI market and export shipments of electronics. The statistics prove that the country's technology sector remains highly resilient, transforming AI investments into real production capacity and factory jobs.

Source: Reuters / RatingDog / S&P Global