AI Data Insight
According to the latest released Q3 2026 data, the Construction Business Activity Index within China's Non-Manufacturing PMI fell to 46.9, a further decline from the previous reading of 47.0, continuing to remain below the boom-bust line. Although the construction New Orders Index rebounded slightly to 42.4, overall demand remains weak; hit by the dual blow of extreme weather and a slowdown in real estate investment, the construction industry continues to face heavy contractionary pressure in the short term.