China Non Manufacturing PMI

Last Release

Jun 30, 2025

Actual

50.5

Units In

50.3

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	54.45 %	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 stood at 50.5 in June 2025, above market consensus and May's figure of 50.3. It was the highest reading since March, supported by a trade truce with the U.S. and Beijing’s ongoing efforts to boost domestic demand and curb deflationary pressures. Both new orders (46.6 vs 46.1 in May) and foreign sales (49.8 vs 48.0) contracted at a softer pace. At the same time, employment remained subdued, with the figure holding steady for the third month in a row (at 45). Meanwhile, supplier delivery times were largely unchanged (51.2 vs 51.1). On the cost front, input prices nearly stabilized after four straight months of declines (49.9 vs 48.2). Meanwhile, a drop in selling prices eased (48.8 vs 47.3), suggesting some relief on margins. Lastly, business confidence remained in positive territory, though it slipped to a nine-month low (55.6 vs 55.9).