China: Non-Manufacturing PMI (NMI): New Orders: Service Industry

Macro

2026-09-30

Description

-

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

AI Data Insight

China's Q3 2026 services new orders index rebounded to 46.7% from the previous 44.5%. Despite showing improvement, it has long remained below the 50 boom-or-bust line. Under the dual pressures of a property slump and weak domestic demand, the overall non-manufacturing PMI also missed market expectations, reflecting that the actual expansion momentum of the services sector remains constrained.

AI Data Insight

China's Q3 2026 services new orders index rebounded to 46.7% from the previous 44.5%. Despite showing improvement, it has long remained below the 50 boom-or-bust line. Under the dual pressures of a property slump and weak domestic demand, the overall non-manufacturing PMI also missed market expectations, reflecting that the actual expansion momentum of the services sector remains constrained.

Description

-

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