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Services Sector Grows at Fastest Pace in Three Months: Caixin PMI

2019年09月04日 19:14 来源于 财新网
Business orders increase at quickest clip since April as market conditions improve, but export orders grow slower than previous month
A child accompanies a flight attendant during her on-board duties on Aug. 27. Photo: VCG

China’s services sector expanded at the fastest pace in three months in August as the growth of new business orders placed with services providers picked up, a survey showed Wednesday.

The Caixin China General Services Business Activity Index, which provides a snapshot of operating conditions in the country’s services sector, rose to 52.1 in August from 51.6 in the previous month. A reading above 50 indicates expansion, while anything below that signals a contraction.

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