AI Data Insight
In Q3 2026, China's non-manufacturing PMI supplier delivery time index stood at 50.9, a slight pullback from the previous value of 51.3, but still within the expansion zone. However, external data shows that the overall non-manufacturing PMI unexpectedly fell below the boom-bust line to 49.0, highlighting that amid weak domestic demand and weather disruptions, smooth deliveries essentially reflect a sudden freeze in end-user orders.