China September Non-Manufacturing PMI: Economic Sentiment Rebounds
On August 31, 2025, the China Federation of Logistics & Purchasing released the September Non-Manufacturing PMI. The reported value was 50.3, with no forecast provided; the previous reading was also 50.3.This data is jointly published by the Service Industry Survey Center of the National Bureau of Statistics and the China Federation of Logistics & Purchasing, reflecting a composite of ten indicators including business activity and new orders. Generally, a reading above 50 indicates overall expansion in the non-manufacturing sector, while a figure below 50 signals contraction.The data carries a moderate level of market importance (level 2), is compiled using the PMI survey methodology, and is released monthly. The next release is scheduled for October 31, 2025.
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