China’s Business Activity Expands: Composite PMI Rises to 50.5 in May
China’s composite PMI rose to 50.5 in May, indicating an expansion in business activity fueled by high-tech manufacturing and a surge in service sectors.
News & Insights Across Asia
China’s composite PMI rose to 50.5 in May, indicating an expansion in business activity fueled by high-tech manufacturing and a surge in service sectors.
China’s economy showed steady growth in the first four months of 2026, driven by surges in high-tech manufacturing and digital services.
The Chinese mainland reported steady economic growth for the first four months of 2026, highlighted by a 12.6% surge in high-tech manufacturing and strong digital service gains.
Amid global uncertainty, China’s economy demonstrates resilience through tech innovation and green initiatives, shaping new opportunities in 2026.
China’s Q1 2026 foreign trade jumps 15% as strategic reforms and high-tech sectors drive stable growth amid global economic uncertainty.
China’s high-tech industries report 14.6% revenue growth in Q1 2026, driven by AI and green energy initiatives, according to latest tax data.
CIIE 2024 focuses on developing new quality productive forces, aligning with China’s high-tech, efficient, and high-quality growth philosophy.
Overseas financial institutions are confident in China’s economic prospects as high-quality growth efforts yield results, with GDP expanding by 5% and significant advances in high-tech industries.