China-Services PMI/RatingDog/March
China-Services PMI/RatingDog/March
Dateline : April 3, 2026/Recent/File
Location : China
Duration : 1'31
Beijing, China - April 3, 2026 (CGTN - No access Chinese mainland)
1. Graphic showing China Services PMI by RatingDog
FILE: Beijing, China - 2025 (CCTV - No access Chinese mainland)
2. Travelers passing ticket gates
3. Travelers taking elevators
4. Various of travelers at train station lobby
FILE: Luoyang City, Henan Province, central China - Date Unknown (CCTV - No access Chinese mainland)
5. Aerial shots of tourists, lanterns, stalls
6. Various of performer scattering flower pedals during aerial dance, visitors taking photos
China - Recent (CCTV - No access Chinese mainland)
7. Various of moviegoers in cinema
8. Moviegoers having tickets checked
FILE: Shanghai, China - Date Unknown (CCTV - No access Chinese mainland)
9. Various of people in shopping mall
10. Various of outdoor marketplace
Beijing, China - April 3, 2026 (CGTN - No access Chinese mainland)
11. Graphic showing China Composite PMI by RatingDog
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
12. Various of machinery operating
13. Various of containers, trucks, warehouses at logistics center
FILE: Qingdao City, Shandong Province, east China - Nov 2, 2023 (CCTV - No access Chinese mainland)
14. Aerial shot of port scene
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
15. Various of city views; traffic
China's service sector maintained its expansionary momentum in March for a 39th straight month in line, according to data released on Friday by S and P Global, sponsored by RatingDog, a financial technology and credit research firm based in south China's Shenzhen City.
The RatingDog services PMI came in at 52.1, down from a 33-month high of 56.7 in February, but is still above the 50-point mark that separates growth from contraction.
According to the report, incoming new business increased for the 39th successive month, the second longest period of continuous expansion in the survey history.
Data shows that domestic markets were a key driver of service sector demand. International new business declined following growth in the first two months of 2026.
China's composite PMI eased to 51.5 in March from a 33-month high of 55.4, but also remained above the 50-point growth threshold.
Data shows that business activities have expanded across both manufacturing and services. Input prices have risen at the fastest pace since May 2022, driven by manufacturing cost pressures, while employment saw a slight decline.
ID : 8473206
Published : 2026-04-03 17:50
Last Modified : 2026-04-03 21:49:08
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
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