Xinhua
31 May 2026, 12:15 GMT+10
BEIJING, May 31 (Xinhua) -- The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 50.1 in May, an increase of 0.7 percentage points from the previous month, official data revealed on Sunday.
In May, the sub-index for business activity in the service sector stood at 50.3 percent, rising into the expansion zone, up 0.7 percentage points from the previous month, according to data jointly released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.
While air transport and real estate sectors saw subdued market activity this month, railway transport, and telecom, broadcasting and satellite transmission services, as well as the insurance sector, remained in the high-prosperity zone with a rapid expansion in overall business volume, the data showed.
The business expectation index for the service sector stood at 55.4 in May, indicating a strengthened outlook for positive market developments.
The sub-index for business activity in the construction sector rose 0.8 percentage points to 48.8 this month, with the business expectation index expanding 1 percentage point to 51.5.
Sunday's data also revealed that the PMI for China's manufacturing sector stood at 50 in May, while the composite PMI output index rose from 50.1 to 50.5.
Get a daily dose of Broadcast Communications news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Broadcast Communications.
More InformationPARIS, France: France will begin reimbursing weight-loss medications for severely obese patients from mid-June, becoming the first...
LONDON, UK: Chinese online retailer Temu has been fined 200 million euros (US$232 million) by the European Union after regulators found...
LAS VEGAS, Nevada: Caesars Entertainment, one of the most recognizable names on the Las Vegas Strip, is being acquired by Fertitta...
NEW YORK, New York - U.S. stocks rallied to fresh all-time highs on Friday, capping a winning week with broad-based gains as the Dow...
WASHINGTON, D.C.: The U.S. Postal Service has signed a multi-year agreement with DHL eCommerce for last-mile parcel delivery services...
UPPSALA, Sweden: Ukraine's President Volodymyr Zelenskyy and Sweden's Prime Minister Ulf Kristersson said that Ukraine will buy 20...
BEIJING, May 31 (Xinhua) -- The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 50.1 in May, an increase...
Washington [US], May 30 (ANI): Emily Blunt has revealed that she deliberately avoided using artificial intelligence while filming a...
Washington, DC [US], May 31 (ANI): Amid a wave of administration reshuffling and high-profile resignations at the White House, another...
New Delhi [India], May 29 (ANI): In a significant judgment affecting television broadcasters across the country, the Delhi High Court...
Moscow [Russia], May 29 (ANI): Iran on Thursday said it is working towards building a global order that rejects 'hegemony and domination',...
VMPL Mumbai (Maharashtra) [India], May 27: Regional content powerhouse STAGE, India's leading dialect-based OTT platform, and Sri...
