China: Service Production Index: Accumulated YoY

Macro

2026-08-17

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Published by
Choice Eastmoney
Frequency
Monthly
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AI Data Insight

China's newly released cumulative year-on-year growth rate of the Index of Services Production for Q3 2026 reached 4.7%, a slight decline from the previous 4.8%. Despite facing the dual challenges of extreme weather and sluggish domestic demand, new growth drivers such as information software and business leasing maintained high double-digit growth. The market expects official authorities to step up policy stimulus to expand domestic demand in the second half of the year to ensure the full-year economic targets are met.

AI Data Insight

China's newly released cumulative year-on-year growth rate of the Index of Services Production for Q3 2026 reached 4.7%, a slight decline from the previous 4.8%. Despite facing the dual challenges of extreme weather and sluggish domestic demand, new growth drivers such as information software and business leasing maintained high double-digit growth. The market expects official authorities to step up policy stimulus to expand domestic demand in the second half of the year to ensure the full-year economic targets are met.

Description

-

Published by
Choice Eastmoney
Frequency
Monthly
Next Update