The official NBS Non-Manufacturing PMI for China plunged to 47.5 in August 2021 from 53.3 in the previous month. This was the first contraction in services activity since February 2020, dragged down by tough restrictions due to rising cases of the Delta variant of coronavirus, with new orders (42.2 vs 49.7 in July), new export orders (43.9 vs 47.7), and employment (47.0 vs 48.2) all shrinking at steeper rates. Prices data showed input cost inflation slowed (51.3 vs 53.5) while selling prices dropped for the first time in ten months (49.3 vs 51.3). Finally, confidence hit its lowest in seven months (57.4 vs 60.7). source: National Bureau of Statistics of China

Non Manufacturing PMI in China averaged 55.32 percent from 2007 until 2021, reaching an all time high of 62.20 percent in May of 2007 and a record low of 29.60 percent in February of 2020. This page provides the latest reported value for - China Non Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. China Non Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Non Manufacturing PMI in China is expected to be 51.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Non Manufacturing PMI is projected to trend around 52.90 percent in 2022, according to our econometric models.

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China Non Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
47.50 53.30 62.20 29.60 2007 - 2021 percent Monthly
SA


News Stream
China Services Sector Slumps in August: NBS
The official NBS Non-Manufacturing PMI for China plunged to 47.5 in August 2021 from 53.3 in the previous month. This was the first contraction in services activity since February 2020, dragged down by tough restrictions due to rising cases of the Delta variant of coronavirus, with new orders (42.2 vs 49.7 in July), new export orders (43.9 vs 47.7), and employment (47.0 vs 48.2) all shrinking at steeper rates. Prices data showed input cost inflation slowed (51.3 vs 53.5) while selling prices dropped for the first time in ten months (49.3 vs 51.3). Finally, confidence hit its lowest in seven months (57.4 vs 60.7).
2021-08-31
China Service Sector Grows the Least in 5 Months: NBS
The official NBS Non-Manufacturing PMI for China dropped to a five-month low of 53.3 in July 2021 from 53.5 in the previous month, amid an outbreak of the Delta variant of COVID-19 in some parts of the country, particularly in the capital of China’s eastern Jiangsu province, Nanjing; and severe floods in central China. New orders shrank for the second consecutive month (49.7 vs 49.6 in June), export orders declined for the fourth month running (47.7 vs 45.4), and employment continued to fall(48.2 vs 48.0). Prices data showed input cost inflation was little changed from June's seven-month low figure (53.5 vs 53.4) while selling prices went up the least in three months (51.3 vs 51.4). Finally, confidence hit its lowest in six months (60.7 vs 60.8).
2021-07-31
China Services PMI Falls to 4-Month Low: NBS
The official NBS Non-Manufacturing PMI for China dropped to a four-month low of 53.5 in June 2021 from 55.2 in the previous month, amid an outbreak of COVID-19 in China’s major export province of Guangdong. New orders shrank for the first time in four months (49.6 vs 52.2 in May), export orders declined for the third month running and at a steeper rate (45.4 vs 47.6), and employment contracted further (48.0 vs 48.9). Prices data showed input prices went up the least in seven months (53.4 vs 57.7), with selling prices increasing at a softer pace (51.4 vs 52.8). Meantime, the supplier's delivery time shortened (51.0 vs 50.8). Finally, confidence hit its lowest in five months (60.8 vs 62.9).
2021-06-30
China Services Activity Expands Faster: NBS
The official NBS Non-Manufacturing PMI for China rose to 55.2 in May 2021 from 54.9 in the prior month. This was the 14th straight month of growth in the service sector, as the recovery from the COVID-19 crisis gains momentum, with new order growth accelerating (52.2 vs 51.5 in April). Meanwhile, new export orders fell for the second month running (47.6 vs 48.1), and employment continued to contract (48.9 vs 48.7). On the price front, input costs rose for the 13th month in a row and at a steeper pace (57.7 vs 54.9), while selling charges increased at a faster rate (52.8 vs 51.2). Finally, confidence hit its lowest in four months (62.9 vs 63.0).
2021-05-31

China Non Manufacturing PMI
In China, the Non-Manufacturing purchasing managers index survey is based on data collected from a representative panel of 1200 enterprises from the non-manufacturing sector. The survey includes ten questions on business activity, new orders, new export orders, in hand orders index, stock, intermediate input price, subscription price, employment, supplier delivery time, and business activities expectation. For each question, the diffusion index is calculated. As there’s no integrated PMI, the business activity index is usually used to reflect the overall changes in non-manufacturing sector. A PMI reading above 50 percent indicates expansion from the previous month, while below 50 indicates contraction.