China Non Manufacturing PMI

Last Release

May 31, 2025

Actual

50.3

Units In

50.4

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	54.47 %	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 edged down to 50.3 in May 2025 from 50.4 in the previous month, missing market expectations of 50.6 and marking the lowest level since January. The latest reading underscored concerns over the impact of rising U.S. tariffs on China’s service sector, despite a temporary trade war pause between Beijing and Washington. Still, both new orders (46.1 vs 44.9) and foreign demand (48.0 vs 42.2) shrank at a slower pace. At the same time, employment remained weak (45.5 vs 45.5), while delivery times lengthened slightly (51.1 vs 50.8), indicating lingering supply chain pressures. On the cost side, input prices declined for the fourth straight month, although the pace of decline moderated (48.2 vs 47.8). Selling prices also fell but at the softest rate since September 2024 (47.3 vs 46.6). Finally, business confidence remained positive despite slipping to its lowest in eight months (55.9 vs 56.0).