--- title: "In May, the non-manufacturing business activity index was 50.1%, indicating that business activities have returned to the expansion zone" type: "News" locale: "en" url: "https://longbridge.com/en/news/288170561.md" description: "The National Bureau of Statistics released the May PMI data, with the non-manufacturing business activity index at 50.1%, an increase of 0.7 percentage points from the previous month, returning to the expansion zone. The service industry was boosted by consumption during the \"May Day\" holiday, with the construction index rising to 48.8%. Overall, it shows an increase in the non-manufacturing economic level, with stable consumption and investment, indicating a good economic growth fundamental" datetime: "2026-05-31T10:57:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288170561.md) - [en](https://longbridge.com/en/news/288170561.md) - [zh-HK](https://longbridge.com/zh-HK/news/288170561.md) --- # In May, the non-manufacturing business activity index was 50.1%, indicating that business activities have returned to the expansion zone The National Bureau of Statistics Service Industry Survey Center and the China Federation of Logistics and Purchasing jointly released the Purchasing Managers' Index for May today (31st). From the perspective of the non-manufacturing sector, the business activity index reflecting the overall operation of the non-manufacturing industry in May rose above the critical point, indicating an increase in the overall prosperity level of the non-manufacturing sector compared to last month, with business activities returning to the expansion range. In May, the non-manufacturing business activity index was 50.1%, an increase of 0.7 percentage points from the previous month, indicating a rebound in the prosperity level of the non-manufacturing sector. Specifically, the business activity index for the service industry rose into the expansion range, and market activity improved. The concentrated release of consumer demand during the "May Day" holiday drove an increase in the prosperity of related consumption industries. The prosperity levels of industries related to residents' travel, dining, cultural and recreational activities, and shopping improved compared to last month. Additionally, the prosperity level of the construction industry showed improvement. In May, the business activity index for the construction industry was 48.8%, an increase of 0.8 percentage points from the previous month. Among them, the business activity index for civil engineering construction related to infrastructure remained above 52%. In terms of market expectations, the business activity expectation index for the construction industry was 51.5%, an increase of 1 percentage point from the previous month, indicating that construction enterprises have regained confidence in the future development of the industry. Overall, the prosperity level of the non-manufacturing sector has increased compared to last month, with consumption and investment maintaining a stable operating trend, and the economic growth fundamentals are sound ### Related Stocks - [.HXC.US](https://longbridge.com/en/quote/.HXC.US.md) - [003037.CN](https://longbridge.com/en/quote/003037.CN.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [002828.CN](https://longbridge.com/en/quote/002828.CN.md) - [002800.CN](https://longbridge.com/en/quote/002800.CN.md) - [03115.HK](https://longbridge.com/en/quote/03115.HK.md) - [MCHI.US](https://longbridge.com/en/quote/MCHI.US.md) - [02846.HK](https://longbridge.com/en/quote/02846.HK.md) - [513210.CN](https://longbridge.com/en/quote/513210.CN.md) - [03133.HK](https://longbridge.com/en/quote/03133.HK.md) - [159263.CN](https://longbridge.com/en/quote/159263.CN.md) - [510030.CN](https://longbridge.com/en/quote/510030.CN.md) - [02800.HK](https://longbridge.com/en/quote/02800.HK.md) - [513600.CN](https://longbridge.com/en/quote/513600.CN.md) - [03188.HK](https://longbridge.com/en/quote/03188.HK.md) - [159920.CN](https://longbridge.com/en/quote/159920.CN.md) ## Related News & Research - [BEA lifts S&P 500 year-end target to 7,870 on sustained AI-led rally](https://longbridge.com/en/news/290763359.md) - [EMERGING MARKETS-EM stocks nudge higher, FX muted as investors wait for Gulf deal details](https://longbridge.com/en/news/289899515.md) - [Futures Dip over Iran Deal Suspense](https://longbridge.com/en/news/290688324.md)