• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, August 28, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Foreign

China’s non-manufacturing PMI up in May

China

The Matters Press by The Matters Press
May 31, 2022
Reading Time: 1 min read
0
China’s commerce ministry to promote services trade

The Purchasing Managers’ Index (PMI) for China’s non-manufacturing sector came in at 47.8 in May, up from 41.9 in April, the National Bureau of Statistics (NBS) said Tuesday.

RELATED POSTS

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient

Tinubu succeeding where Obasanjo failed woefully, says TMSG

A reading above 50 indicates expansion, while a reading below it reflects contraction.

NBS senior statistician Zhao Qinghe said that the domestic Covid-19 infections have steadily declined in May, leading to the recovery of the service sector,

NBS data showed that the sub-index for the service sector stood at 47.1 in May, up from 40 in April.

Qinghe said that among the 21 sectors surveyed, industries including retail, railway and air transportation were in the expansion territory.

The new order index for the non-manufacturing sector stood at 44.1 in May, up from 37.4 in April, indicating rising demand in the market.

The construction sector has continued expansion, but the sub-index for the sector was down 0.5 percentage points from April to 52.2 in May.

Confidence in the market has increased for most non-manufacturing firms, with the sub-index measuring business activity expectations rising two percentage points from April to 55.6 in May.

Tuesday’s data also showed that the PMI for the manufacturing sector came in at 49.6 in May, up from 47.4 in April.

Tags: China
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigeria regains top crude oil production spot in Africa
Energy

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

August 28, 2025
Who is lying, Obasanjo or NAN?
News

‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient

August 28, 2025
Obasanjo campaigns for AfCFTA
News

Tinubu succeeding where Obasanjo failed woefully, says TMSG

August 28, 2025
Tinubu explains mission as he marks second year in office
Economy/Technology

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

August 9, 2025
Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

August 7, 2025
Importers face delays, higher costs on Red Sea woes
Economy/Technology

National Single Window initiative, a major step for efficient cross-border trade – TMSG

August 4, 2025
Next Post
ACCI seeks to partnership with  CAC on membership of firms

ACCI inaugurates project for decarbonisation pathways for Nigeria

FrieslandCampina WAMCO reports N268.4bn turnover for 2021

FrieslandCampina WAMCO reports N268.4bn turnover for 2021

Recommended Stories

$14bn new investment at Nigeria-India roundtable excites Tinubu

Nigeria, a safe haven for foreign investors – Bagudu

October 26, 2023
Nigeria, 15 other countries get $36.5m to eliminate trachoma

Nigeria, 15 other countries get $36.5m to eliminate trachoma

April 25, 2024
Fact Check on Trump’s Wall funding

Nigeria, U.S bi-national commission meeting

February 5, 2020

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • ‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals
  • ‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient
  • Tinubu succeeding where Obasanjo failed woefully, says TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us