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Economy

China's non-manufacturing PMI improves in July

1
2015-08-01 10:27Xinhua Editor: Si Huan

China's service sector activity further picked up steam in July, an official monthly survey showed on Saturday.

The purchasing managers' index (PMI) for the non-manufacturing sector expanded to 53.9 in July, up from 53.8 for June, according to a report released jointly by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

A reading above 50 indicates expansion, while a reading below 50 represents contraction.

  

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