China's January non-manufacturing activity grew but at a slower pace than in December, an official survey showed on Monday, suggesting policymakers need to introduce even more stimulus measures to prop up depressed domestic demand.

China's manufacturing activity fell in January, an official factory survey showed on Monday. The official purchasing managers' index (PMI) contracted to 49.1 in January from 50.1 in December, below the 50-mark separating growth from contraction and missing a median forecast of 50.

China’s manufacturing purchasing managers’ index contracted in January, denying the economy an early boost in 2025.