AI Data Insight
China's cumulative service production index rose 5.5% YoY in the first eleven months of 2025, slowing slightly from 5.6% in October and the mid-year peak of 5.9%. While the sector remains a key growth engine outperforming the broader economy, the deceleration reflects fading base effects and persistent headwinds from the property sector. Analysts expect the 'new consumption' drivers—digital services and cultural tourism—to sustain momentum into early 2026 despite softer headline figures.