AI Data Insight
The month-over-month growth rate of China's Non-Manufacturing PMI business activity reached 1.417% in May 2026 (Q2 2026), a significant rebound from -1.3972% in the previous month. Benefiting from consumer demand in travel and catering driven by the "May Day" holiday, the actual PMI data rebounded to 50.1, successfully beating market expectations and returning to the expansion zone.