中国服务业在2025年12月增长缓慢,私人PMI为52.0,对外需求和失业疲软,但商业信心上升。 China's services sector grew slowly in December 2025, with private PMI at 52.0, amid weak foreign demand and job losses, yet business confidence rose.

中国服务部门在2025年12月以六个月来最慢的速度扩大,私营部门的PMI略微下降到52.0,但仍高于50个门槛值。 China's services sector expanded in December 2025 at its slowest pace in six months, with the private-sector PMI slightly declining to 52.0, still above the 50 threshold. 新的商业增长放缓,特别是由于旅游业下降造成的外国需求,而就业连续第五个月下降。 New business growth slowed, especially from foreign demand due to lower tourism, while employment fell for the fifth straight month. 尽管投入成本不断上涨,竞争导致价格下跌,但商业情绪达到了九个月的最高点。 Despite rising input costs and falling prices from competition, business sentiment reached a nine-month high. 综合PMI略有上升,达到51.3, 经济在2026年5%的增长目标方面仍然步入正轨, 面对当前的结构性挑战和政府的积极政策。 The composite PMI rose slightly to 51.3, and the economy remains on track for its 5% 2026 growth target amid ongoing structural challenges and proactive government policy.