AI Data Insight
The latest Q3 2026 data shows that China's non-manufacturing PMI new export orders index reported at 47.0, completely flat compared to the previous value, continuing to remain below the 50 boom-bust threshold. Affected by extreme weather and weak global demand, overseas expansion in both the construction and services sectors faces challenges. Institutions expect that as seasonal disruptions fade and policies take effect, related indicators are expected to experience marginal recovery, but the overall momentum remains to be seen.