The official business activity index for non-manufacturing industries, services and construction, from the same monthly release as the manufacturing PMI, read from its text. Services are now more than half of China's output, and the two indexes often disagree: construction sits with property while services follow household spending. Added in September 2026 after an outside review.
Threshold source: Diffusion index convention: below 50 more firms report contraction than expansion. How thresholds are chosen
Construction, about a fifth of the sample, swings the index with the property cycle. Read from the text of the monthly web release.