China: Service Production Index: Accumulated YoY

Macro

2026-07-15

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Published by
Choice Eastmoney
Frequency
Monthly
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AI Data Insight

In May 2026, China's Services Production Index cumulative year-on-year growth reached 4.8%, flat compared to the previous month, putting an end to the downward trend seen since the beginning of the year. Modern services such as information software and business leasing delivered high double-digit growth, serving as the key momentum supporting the expansion of the overall services sector. Despite facing the structural challenge of weak domestic demand, the steady and rising pattern on the production side still provides a solid foundation for economic growth.

AI Data Insight

In May 2026, China's Services Production Index cumulative year-on-year growth reached 4.8%, flat compared to the previous month, putting an end to the downward trend seen since the beginning of the year. Modern services such as information software and business leasing delivered high double-digit growth, serving as the key momentum supporting the expansion of the overall services sector. Despite facing the structural challenge of weak domestic demand, the steady and rising pattern on the production side still provides a solid foundation for economic growth.

Description

-

Published by
Choice Eastmoney
Frequency
Monthly
Next Update