AI Data Insight
In the fourth quarter of 2026, China's Non-Manufacturing Sales Price PMI dropped to 49.5, retreating from the previous reading of 50.3 and falling into the contraction zone. The overall Non-Manufacturing PMI also declined to 49.7, missing the market expectation of 50.5, indicating that enterprises are facing terminal pricing pressure amid a slowdown in construction and certain service sectors. It is expected that future prospects will rely on the accelerated issuance of special bonds and policy stimulus to boost domestic demand.