2026/4/21
The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 50.1 in March, up 0.6 percentage points from the previous month, official data revealed.
This reflected improved business sentiment in the non-manufacturing sector, according to the National Bureau of Statistics (NBS). A reading above 50 indicates expansion, while a reading below 50 reflects contraction. The index measuring business activity in the service sector stood at 50.2 in March, up 0.5 percentage points from February.
The business expectation index for the non-manufacturing sector remained relatively high at 54.2, indicating that non-manufacturing enterprises maintained an optimistic outlook in terms of market developments. (Xinhua)
Authority in Charge: China National Textile and Apparel Council (CNTAC)
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ISSN 1003-3025 CN11-1714/TS
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