AI Data Insight
The latest data shows that in Q4 2026, China's Non-Manufacturing PMI Supplier Delivery Time index fell to 50.7 from the previous value of 51.3, though it remains above the boom-or-bust line. Combined with the overall Non-Manufacturing PMI unexpectedly dropping below the 50 mark, this indicates that both consumption and construction activities have cooled down after the Golden Week holiday, posing short-term challenges to domestic demand momentum.