China’s NBS Composite PMI Output Index edged up to 49.5 in August 2026 from July’s 3-1/2-year low of 49.3. However, the latest reading marked the second straight month of contraction in overall business activity, as weak services activity continued to weigh on growth despite a return to expansion in manufacturing output. Soft domestic demand and persistent weakness in the property sector remained key headwinds, while trade tensions added uncertainty to the external outlook. NBS statistician Huo Lihui said the August reading reflected the impact of extreme weather in some parts of the country, while noting that overall business activity recovered slightly from July. source: National Bureau of Statistics of China
NBS General PMI in China increased to 49.50 points in August from 49.30 points in July of 2026. NBS General PMI in China averaged 51.95 points from 2017 until 2026, reaching an all time high of 57.00 points in March of 2023 and a record low of 28.90 points in February of 2020. This page includes a chart with historical data for China NBS General PMI.
NBS General PMI in China increased to 49.50 points in August from 49.30 points in July of 2026. NBS General PMI in China is expected to be 50.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China NBS General PMI is projected to trend around 50.80 points in 2027 and 50.50 points in 2028, according to our econometric models.