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

Macro

2026-09-30

Description

China Service 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 service sector and serves as an important indicator for assessing the health of the service industry. A reading above 50 indicates expansion in service activity, while a reading below 50 indicates contraction.

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

AI Data Insight

At the end of the third quarter of 2026 (September), the services business activity PMI within China's non-manufacturing sector reached 50.2, a significant rebound from the previous reading of 49.3, returning to the expansionary territory after two months. Benefiting from the consumption effects of the summer and Mid-Autumn Festival holidays, as well as the implementation of growth-stabilizing policies, the business climate of the services sector has improved. Moving forward, attention remains needed on the sustainability of domestic demand recovery and the impact of the real estate market on overall economic confidence.

AI Data Insight

At the end of the third quarter of 2026 (September), the services business activity PMI within China's non-manufacturing sector reached 50.2, a significant rebound from the previous reading of 49.3, returning to the expansionary territory after two months. Benefiting from the consumption effects of the summer and Mid-Autumn Festival holidays, as well as the implementation of growth-stabilizing policies, the business climate of the services sector has improved. Moving forward, attention remains needed on the sustainability of domestic demand recovery and the impact of the real estate market on overall economic confidence.

Description

China Service 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 service sector and serves as an important indicator for assessing the health of the service industry. A reading above 50 indicates expansion in service activity, while a reading below 50 indicates contraction.

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