PMI readings for non-manufacturing sector, services sector continue expansion: NBS

China’s economy demonstrates resilient growth, with purchasing managers’ indices for both manufacturing and non-manufacturing sectors rising above the expansion threshold. This uptick signals continued improvement in business activity and consumer confidence, driven by the resurgence of high-tech industries and the easing of logistical disruptions. The data reflects a positive shift in market expectations and underscores the effectiveness of recent policy measures in stabilizing demand and fostering economic recovery. The robust performance of the service sector and emerging technological industries highlights a structural shift toward higher-value economic drivers. Capital market and transportation services show particularly strong activity, indicating widespread operational momentum across key infrastructure and financial domains. Analysts suggest that sustained fiscal and monetary support will further unlock domestic potential, ensuring that full-year growth targets remain achievable despite external pressures and lingering global uncertainties. This report is relevant to open_data because the National Bureau of Statistics’ release of granular PMI sub-indices provides high-quality, standardized economic metrics. Such transparent, publicly accessible data allows researchers, developers, and analysts to build accurate models of economic health and sectoral trends. By making these detailed indicators available, authorities facilitate evidence-based decision-making and innovation in financial technology and policy analysis, reinforcing the value of open statistical standards in global economic monitoring.

Source: globaltimes.cn
Published on 2025-09-01

PMI readings for non-manufacturing sector, services sector continue expansion: NBS

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