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

Macro

2026-10-31

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

In the first month of Q4 2026, China's construction business activity index dropped to 48.0, falling sharply from the previous value of 50.3 and breaking below the boom-bust line. Notably, the construction new orders index plunged to 40.0, indicating slowing momentum in real estate and infrastructure, leaving the industry facing contraction pressure in the short term.

AI Data Insight

In the first month of Q4 2026, China's construction business activity index dropped to 48.0, falling sharply from the previous value of 50.3 and breaking below the boom-bust line. Notably, the construction new orders index plunged to 40.0, indicating slowing momentum in real estate and infrastructure, leaving the industry facing contraction pressure in the short term.

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