AI Data Insight
China's Non-Manufacturing PMI Inventory Index for August 2026 (Q3 2026) came in at 46.3, a slight rebound from the previous reading of 45.6, but remains in the contraction zone below the 50 boom-or-bust line. Overall non-manufacturing activity is under pressure due to the property downturn and sluggish consumption recovery. Corporate restocking attitudes remain conservative as the market awaits the materialization of policy stimuli.