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Services Sector Grows at Fastest Pace in Three Months: Caixin PMI

2019年09月04日 19:14
T中
Business orders increase at quickest clip since April as market conditions improve, but export orders grow slower than previous month

China’s services sector expanded at the fastest pace in three months in August as the growth of new business orders placed with services providers picked up, a survey showed Wednesday.

The Caixin China General Services Business Activity Index, which provides a snapshot of operating conditions in the country’s services sector, rose to 52.1 in August from 51.6 in the previous month. A reading above 50 indicates expansion, while anything below that signals a contraction.


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