AI Data Insight
In April 2026, the services employment index within China's non-manufacturing PMI dropped to 46.4, a slight decline from the previous 46.5, remaining deeply below the boom-or-bust line. Affected by sluggish domestic consumption and a property market downturn, the overall non-manufacturing PMI fell into the contraction zone at 49.4. Enterprises hold a conservative attitude towards hiring, highlighting the pressure on employment recovery under the "strong external, weak internal" pattern of China's economy.