AI Data Insight

According to the latest data, China's Q3 2026 (2026-08-01) non-manufacturing PMI services new orders dropped to 44.5, contracting further from the previous value of 45.2. Against the backdrop of the overall non-manufacturing PMI missing expectations, this reflects weak domestic demand and insufficient consumer confidence, urgently requiring policy stimulus in the short term to prevent the economy from further bottoming out.

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