AI Data Insight
The latest released China Composite PMI for May 2026 recorded 50.5, edging up slightly from the previous reading of 50.1 and remaining firmly above the boom-or-bust line for the third consecutive month. Notably, the non-manufacturing business climate rebounded more than expected to 50.1, offsetting the drag from the manufacturing sector, which fell to 50.0 due to sluggish exports and rising costs. Overall, this indicates that supported by the recovery in the services sector and high-tech industries, the Chinese economy continues to maintain a steady expansion trend in the short term.