China Non Manufacturing PMI

Last Release

Aug 31, 2025

Actual

50.3

Units In

50.1

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
62.2 May 2007	29.6 Feb 2020	54.42 %	2007-2025	National Bureau of Statistics of China

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.

Latest Updates

China’s official NBS Non-Manufacturing PMI rose to 50.3 in August 2025 from July’s eight-month low of 50.1, matching market expectations and signaling modest expansion in services activity. The uptick came as sentiment improved, helped by a 90-day extension of the U.S.–China tariff truce that kept duties in place—30% on Chinese exports to the U.S. and 10% on American goods to China. New orders contracted at a slower pace (46.6 vs. 45.7 in July), though foreign sales remained weak (48.8 vs 48.8), underscoring persistent external headwinds. Employment stayed subdued (45.6 vs. 45.6), reflecting limited hiring momentum, while supplier delivery times were little changed (51.3 vs. 51.2). On prices, input costs rose for a second month (50.3 vs. 50.3), while declines in selling prices eased (48.6 vs. 47.9), suggesting softer margin pressures. Looking ahead, business confidence climbed to a five-month high (56.2 vs. 55.8), supported by hopes of policy support and trade stability.