China non-manufacturing sector's growth rises
Beijing - XINHUA
The Purchasing Managers Index (PMI) of China's non-manufacturing sector, a key economic indicator, rose 0.7 percentage points to 56.3 percent in August, new survey results have indicated. The figure rebounded after a fall in July as growth in the non-manufacturing sector stabilized, according to data released by the China Federation of Logistics and Purchasing (CFLP) on Monday. A PMI reading above 50 percent indicates expansion from the previous month, while readings below this mark indicate contraction.
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