由于需求疲软和月亮新年,中国的工厂活动于2026年2月萎缩,但服务业略有恢复。 China's factory activity contracted in February 2026 due to weak demand and the Lunar New Year, but services saw slight recovery.

根据国家统计局的资料,中国官方生产PMI在2026年2月跌至49.0,表明由于国内需求疲软和月亮新年假期,连续第二个月收缩。 According to the National Bureau of Statistics, China's official manufacturing PMI fell to 49.0 in February 2026, indicating a second consecutive month of contraction due to weak domestic demand and the Lunar New Year holiday. 非制造业PMI略有增加,达到49.5,表明略有改善,春季节期间服务业活动反弹,特别是在旅游业和娱乐业,但房地产和资本市场仍然疲软。 The non-manufacturing PMI increased slightly to 49.5, indicating a modest improvement, with services activity rebounding during the Spring Festival, particularly in tourism and entertainment, but real estate and capital markets remaining weak. 一项私人PMI调查显示,出口订单和海外需求增加52.1,表明出口订单和海外需求增加。 A private PMI survey revealed an expansion of 52.1, indicating stronger export orders and overseas demand. 在即将举行的全国人民代表大会上,预计决策者将为2026年设定最低4.5%的增长目标,重点是技术和自力更生。 At the upcoming National People's Congress, policymakers are expected to set a minimum 4.5% growth target for 2026, with a focus on technology and self-reliance.