China’s July PMI of 49.4 indicates the government should expand public investment in H2 to drive up corporate orders and stimulate domestic demand, Zhang Liqun, analyst at the China Federation of Logistics and Purchasing, told the Securities Daily. Zhao Qinghe, a senior statistician at the National Bureau of Statistics said insufficient market demand and extreme weather negatively impacted producers in July. Wen Tao, analyst at the China Logistics Information Center noted manufacturers remained optimistic, with production and operation activity expectation sub-indexes above 53.0.