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

Macro

2026-10-31

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

China's latest services business activity index for Q4 2026 came in at 50.0, a slight decrease from the previous 50.2, exactly touching the boom-bust line. Although the long holiday briefly boosted some travel and entertainment consumption, sectors such as real estate continue to be sluggish, highlighting that the overall momentum for domestic demand recovery remains fragile.

AI Data Insight

China's latest services business activity index for Q4 2026 came in at 50.0, a slight decrease from the previous 50.2, exactly touching the boom-bust line. Although the long holiday briefly boosted some travel and entertainment consumption, sectors such as real estate continue to be sluggish, highlighting that the overall momentum for domestic demand recovery remains fragile.

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