AI Data Insight
According to DataTrack data, the latest (2026 Q2) China Non-Manufacturing PMI New Orders Index rebounded significantly to 48.0 from the previous value of 45.0. Although still in the contraction zone, supported by the expansion of service sectors such as telecommunications and finance, as well as the implementation of infrastructure projects driven by special bonds, the overall demand sentiment has bottomed out, outperforming market expectations.