The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The Non-Manufacturing PMI assesses the business conditions and growth in the Chinese service and construction sectors. It is released by the National Bureau of Statistics and provides a broader view of the Chinese economy beyond heavy industry. The index tracks variables such as new orders, employment, and supplier delivery times. Given China's shift toward a service-oriented economy, this indicator is increasingly vital for global markets.
The data is collected through monthly surveys of over 4,000 enterprises in the non-manufacturing sector. The index is calculated using the diffusion method, where 50 is the neutral threshold.
No historical data available