China’s official NBS Non-Manufacturing PMI rose to 50.1 in May 2026 from 49.4 in the prior month, beating market expectations of 49.5 and returning to expansion territory. The improvement was driven by stronger activity in both the services and construction sectors, amid ongoing policy support and infrastructure-related projects. Demand conditions stabilized, with new orders falling at a slower pace (45.0 vs 44.3 in April), and new export orders improving but remaining in contraction territory (48.1 vs 47.3). Employment stayed weak despite a slight uptick (45.6 vs 45.5), reflecting continued caution among businesses. On the price front, input cost inflation accelerated (52.2 vs 51.7), suggesting higher operating expenses, while a decline in selling prices eased (48.8 vs 48.1), indicating easing deflationary pressures. Lastly, confidence was broadly unchanged from April but remained at its highest level in three months, highlighting cautious optimism about the near-term outlook. source: National Bureau of Statistics of China

Non Manufacturing PMI in China increased to 50.10 points in May from 49.40 points in April of 2026. Non Manufacturing PMI in China averaged 54.24 points from 2007 until 2026, reaching an all time high of 62.20 points in May of 2007 and a record low of 29.60 points 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.

Non Manufacturing PMI in China increased to 50.10 points in May from 49.40 points in April of 2026. Non Manufacturing PMI in China is expected to be 50.20 points 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 51.40 points in 2027 and 51.70 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
NBS Manufacturing PMI 50.00 50.30 points May 2026
Industrial Capacity Utilization 73.60 74.90 percent Mar 2026
Cement Production 14571.00 12310.00 Ten Thousands of Tonnes Apr 2026
Changes in Inventories 11183.40 8740.00 CNY Hundred Million Dec 2024
Industrial Profits (YTD) YoY 2435840.00 1696040.00 CNY Million Apr 2026
Electricity Production 744000.00 802480.00 Gigawatt-hour Apr 2026
Industrial Production YoY 4.10 5.70 percent Apr 2026
Industrial Production Mom 0.05 0.28 percent Apr 2026
Leading Economic Index 143.60 144.80 points Apr 2026
Manufacturing Production YoY 4.00 6.00 percent Apr 2026
Mining Production 3.80 5.70 percent Apr 2026
New Orders 49.90 50.60 points May 2026


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.

News Stream
China Services Sector Shows Tentative Growth
China’s official NBS Non-Manufacturing PMI rose to 50.1 in May 2026 from 49.4 in the prior month, beating market expectations of 49.5 and returning to expansion territory. The improvement was driven by stronger activity in both the services and construction sectors, amid ongoing policy support and infrastructure-related projects. Demand conditions stabilized, with new orders falling at a slower pace (45.0 vs 44.3 in April), and new export orders improving but remaining in contraction territory (48.1 vs 47.3). Employment stayed weak despite a slight uptick (45.6 vs 45.5), reflecting continued caution among businesses. On the price front, input cost inflation accelerated (52.2 vs 51.7), suggesting higher operating expenses, while a decline in selling prices eased (48.8 vs 48.1), indicating easing deflationary pressures. Lastly, confidence was broadly unchanged from April but remained at its highest level in three months, highlighting cautious optimism about the near-term outlook.
2026-05-31
China Services Activity Returns to Contraction
China’s official NBS Non-Manufacturing PMI fell to 49.4 in April 2026 from 50.1 in March, worse than the expected 49.9, signaling a renewed contraction in the services-led sector. The weakness was broad-based across subcomponents, with the business activity index declining for both construction (48.0 vs 49.3 in March) and services (49.6 vs 50.2), as sentiment weakened across most industries, although transport and telecom-related services remained relatively strong. New orders also continued to contract (44.3 vs 45.0), pointing to subdued domestic demand, while employment improved (45.5 vs 45.2) but remained in contraction, reflecting ongoing labor market softness. On prices, input costs edged down slightly (51.7 vs 52.3), while sales prices fell more sharply (48.1 vs 49.9). Meanwhile, business activity expectations strengthened to 54.7 from 54.2, suggesting firms remain cautiously optimistic about future demand despite current weakness.
2026-04-30
China Services Activity Stabilizes
China’s official NBS Non-Manufacturing PMI rose to 50.1 in March 2026 from 49.5 in the previous month, beating market expectations of 49.9. The latest reading signals a stabilization in the services sector after two consecutive months of contraction. Breaking down the components, the services activity subindex improved (50.2 vs 49.7 in February), while the construction subindex also rose (49.3 vs 48.2), though it continued to reflect stress in China’s struggling property sector. Total new orders continued to decline (45.0 vs 45.2), but the drop was partially offset by an increase in export orders (48.8 vs 44.7). Meanwhile, employment fell further (45.2 vs 46.0), highlighting ongoing labor market slack, whereas supplier delivery times lengthened (51.5 vs 50.5). On prices, input costs climbed (52.3 vs 50.9), while sales prices also went up (49.9 vs 48.8). Lastly, business activity expectations softened (54.2 vs 55.0), but enterprises remain optimistic about market development.
2026-03-31