China: Non-Manufacturing PMI (NMI) - Official

Macro

2026-06-30

Description

China's Non-Manufacturing Purchasing Managers' Index Index (NMI) is compiled and published by the National Bureau of Statistics (NBS). This index measures the overall performance and health of the non-manufacturing sector (such as services) in China through monthly surveys of purchasing managers from approximately 4,300 non-manufacturing enterprises. An NMI reading above 50 indicates expansion, while below 50 indicates contraction.

The non-manufacturing PMI system includes 10 sub-indices: business activity, new orders, new export orders, backlogs of orders, inventories, input prices, sales prices, employment, supplier delivery times, and business expectations. Since there is no composite index for non-manufacturing, the business activity index is generally used to reflect overall changes in the non-manufacturing economy.

This data is typically released on the last working day of each month, providing information on non-manufacturing activities for that month.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China NMI

AI Data Insight

China's official non-manufacturing PMI for June 2026 (Q2) rose to 50.2, not only continuing its improvement from the previous reading of 50.1 but also unexpectedly beating market expectations of a slight contraction. Data highlights were mainly concentrated on the strong performance of the technology and financial services sectors, as well as new orders in the construction industry returning to expansion. This indicates that although the Chinese economy faces pressure from the property market downturn, it maintains a mild recovery supported by high-growth industries.

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AI Data Insight

China's official non-manufacturing PMI for June 2026 (Q2) rose to 50.2, not only continuing its improvement from the previous reading of 50.1 but also unexpectedly beating market expectations of a slight contraction. Data highlights were mainly concentrated on the strong performance of the technology and financial services sectors, as well as new orders in the construction industry returning to expansion. This indicates that although the Chinese economy faces pressure from the property market downturn, it maintains a mild recovery supported by high-growth industries.

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Description

China's Non-Manufacturing Purchasing Managers' Index Index (NMI) is compiled and published by the National Bureau of Statistics (NBS). This index measures the overall performance and health of the non-manufacturing sector (such as services) in China through monthly surveys of purchasing managers from approximately 4,300 non-manufacturing enterprises. An NMI reading above 50 indicates expansion, while below 50 indicates contraction.

The non-manufacturing PMI system includes 10 sub-indices: business activity, new orders, new export orders, backlogs of orders, inventories, input prices, sales prices, employment, supplier delivery times, and business expectations. Since there is no composite index for non-manufacturing, the business activity index is generally used to reflect overall changes in the non-manufacturing economy.

This data is typically released on the last working day of each month, providing information on non-manufacturing activities for that month.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China NMI