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

Macro

2026-06-30

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

According to the most authoritative data, China's Q2 (observation date 2026-06-01) Services Business Activity Index reached 50.4, edging up slightly from the previous value of 50.3 and standing firmly above the boom-bust line for the second consecutive month. Amid the ongoing headwinds of a sluggish real estate sector, high-value-added industries such as telecommunications, IT software, and insurance played a crucial supporting role, benefiting from AI applications and a rebound in financial activities. With the private-sector RatingDog Services PMI simultaneously surging, the services sector is becoming the core driver buffering the downward pressure on manufacturing.

AI Data Insight

According to the most authoritative data, China's Q2 (observation date 2026-06-01) Services Business Activity Index reached 50.4, edging up slightly from the previous value of 50.3 and standing firmly above the boom-bust line for the second consecutive month. Amid the ongoing headwinds of a sluggish real estate sector, high-value-added industries such as telecommunications, IT software, and insurance played a crucial supporting role, benefiting from AI applications and a rebound in financial activities. With the private-sector RatingDog Services PMI simultaneously surging, the services sector is becoming the core driver buffering the downward pressure on manufacturing.

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