E-mail lunthesis@163.com Phone 0551-65179860-203

China's non-manufacturing PMI at 50.3 in August

Pub Date:25-09-01 10:14 Source:Xinhua

BEIJING, Aug. 31 (Xinhua) -- The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 50.3 in August, up from 50.1 in the previous month, official data showed Sunday.

A reading above 50 indicates expansion, while below 50 reflects contraction.

The sub-index for the construction sector came in at 49.1 in August, down from 50.6 in the previous month, according to the National Bureau of Statistics.

The sub-index for the service sector stood at 50.5 in August, up from 50 in July, according to the data.

Business activity indices for sectors of railway, water and air transportation; telecom, radio, television and satellite transmission services; and capital market services stood above 60, indicating rapid expansion.

In contrast, business activity indices for industries including retailing and real estate were below the boom-bust line.■

Editor:Zheng Chen

Related News
Economic Watch: China's manufacturing sect...
China-Arab States Expo concludes with frui...
GLOBALink | Foreigner unlocks ecological, ...
(SCO Tianjin Summit) Xinhua Headlines: A t...
 
Contact Us
Copyright ©2000-2021 anhuinews.com All rights reserved. Reproduction in whole or in part without permission is prohibited. 皖B2-20080023-7