China: Non-Manufacturing PMI (NMI) - Construction Industry Business Activity

Macro

2026-05-31

Description

China Construction Industry Business Activity Index is jointly published by the China Federation of Logistics & Purchasing (CFLP) and the National Bureau of Statistics (NBS). This index measures the level of business activity in China's construction industry and serves as an important indicator for assessing the health of the construction sector. A reading above 50 indicates an expansion in construction activity, while a reading below 50 indicates contraction.

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

AI Data Insight

China's latest construction business activity index for Q2 2026 recorded 48.8, rebounding from the previous 48.0 but remaining in contraction territory. Breakdown data shows that infrastructure activities such as civil engineering demonstrate expansion resilience, but the real estate downturn continues to drag down overall performance. It is expected that the construction industry will continue to face volatility in the short term, but may bottom out and rebound in the medium to long term, supported by accelerated special bond issuance and infrastructure policies.

AI Data Insight

China's latest construction business activity index for Q2 2026 recorded 48.8, rebounding from the previous 48.0 but remaining in contraction territory. Breakdown data shows that infrastructure activities such as civil engineering demonstrate expansion resilience, but the real estate downturn continues to drag down overall performance. It is expected that the construction industry will continue to face volatility in the short term, but may bottom out and rebound in the medium to long term, supported by accelerated special bond issuance and infrastructure policies.

Description

China Construction Industry Business Activity Index is jointly published by the China Federation of Logistics & Purchasing (CFLP) and the National Bureau of Statistics (NBS). This index measures the level of business activity in China's construction industry and serves as an important indicator for assessing the health of the construction sector. A reading above 50 indicates an expansion in construction activity, while a reading below 50 indicates contraction.

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