China Non Manufacturing PMI  Forecast 2016-2020

Non Manufacturing PMI in China is expected to be 54.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Non Manufacturing PMI in China to stand at 54.00 in 12 months time. In the long-term, the China Non Manufacturing PMI is projected to trend around 52.00 percent in 2020, according to our econometric models.

China Non Manufacturing PMI
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China Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 51.4 51.37 51 50.9 51 51
Non Manufacturing PMI 54.5 54.5 54.4 54.51 54 52
Manufacturing PMI 51.1 50.4 51.7 51.3 51.2 53.4
Services PMI 51.5 52.2 52.5 52.7 51.9 52
Industrial Production 6.4 6.2 6 5.9 5.8 5.2
Industrial Production Mom 0.41 0.3 0.2 0.59 0.59 0.3
Manufacturing Production 6.7 6.8 6.6 6.5 6.4 5.5
New Orders 52.8 52.55 52.64 52.6 52.61 52.61
Changes in Inventories 10816 11166 11257 11196 11135 10950
Total Vehicle Sales 1971200 2219571 2247363 2220121 2222486 2226342
Car Production 1758600 1939733 1951671 1926865 1930392 1932357
Car Registrations 1678400 1894969 1932683 1900396 1900210 1906545
Leading Economic Index 0.2 0.1 0 0.2 0.1 -0.1
Mining Production -1.3 0.9 1.3 1.5 0.9 1.2
Mni Business Sentiment 55.9 55.1 55.1 55.1 55.1 55.1
Steel Production 73231 71976 71979 72198 72231 72187
Competitiveness Index 4.95 4.93 4.93 4.97 4.99 4.95
Competitiveness Rank 28 26 26 29 29 29
Composite Pmi 51.9 51 51.4 52 51.7 52.4
Cement Production 22081 21042 21400 21398 21330 21357
Corruption Index 40 39 38 38 38 38
Corruption Rank 79 82 81 85 89 90
Corporate Profits 3633750 4420530 3337223 3339349 3837709 3620032
Ease of Doing Business 78 76 74 75 76 94
Electricity Production 476700 501459 502739 503077 503033 503047