Arab Today, arab today china nonmanufacturing sector\s growth rises
Last Updated : GMT 02:26:33
Arab Today, arab today
Arab Today, arab today

China non-manufacturing sector\'s growth rises

Arab Today, arab today

Arab Today, arab today 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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