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China's non-manufacturing sector growth rises in October

2012-11-03 11:18 Xinhua     Web Editor: Wang YuXia comment

The Purchasing Managers Index (PMI) of China's non-manufacturing sector was 55.5 percent in October, up 1.8 percentage points from September, an official survey showed on Saturday.

The monthly figure, a key economic indicator, was released by the China Federation of Logistics and Purchasing (CFLP).

A PMI reading above 50 percent indicates expansion from the previous month, while readings below this mark indicate contraction.

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