Key Highlights
- Services PMI rose to 54.4 in May 2026, up from 52.6 in April.
- Marks the strongest expansion in three months.
- New business growth accelerated to its fastest pace in three months.
- Overseas demand rebounded, supporting service-sector activity.
- PMI remained well above the 50-point threshold, indicating continued expansion.
China’s services sector gained momentum in May, recording its strongest growth in three months as business activity and customer demand improved.
According to the latest private-sector survey, the Services Purchasing Managers’ Index (PMI) climbed to 54.4, up from 52.6 in April, signaling a solid expansion across the industry.
The growth was supported by a rise in new orders, with companies reporting stronger demand from both domestic and international customers. Export-related business also recovered after recent softness, helping boost overall activity levels.
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