China's non-manufacturing PMI rises to 54.1% in July
Beijing - QNA
The purchasing managers index (PMI) for China's non-manufacturing sector stood at 54.1 percent in July, up from 53.9 percent for June, according to official data released on Saturday. A PMI reading above 50 percent indicates expansion, while a reading below 50 percent indicates contraction, China's news agency (Xinhua) reported. The monthly indicator is released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.
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