31.10.202501:30:00UTC+00China's Non-Manufacturing PMI Shows Marginal Rise in October

China's Non-Manufacturing Purchasing Managers' Index (PMI) experienced a minor uptick in October, following a period of stagnation. According to updated figures released on October 31, 2025, the PMI inched up to 50.1, slightly higher than September's flat-line mark of 50.0.

The recent data highlights a welcome, albeit marginal, improvement in activity within China's service and other non-manufacturing sectors. Achieving a score above 50 suggests expansion, albeit modest, within this portion of the economy. This improvement could signal the early stages of recovery or stabilization, potentially influenced by policy measures aiming to boost growth amidst global economic headwinds.

Market analysts are cautiously optimistic, interpreting the latest report as a sign of fragile progress. As China navigates both domestic challenges and international market pressures, further strategic efforts may be necessary to maintain and cultivate this positive trajectory in the non-manufacturing sector. Stakeholders will be closely monitoring subsequent data releases to gauge the sustainability of this upward trend.