China non-manufacturing sector's growth rebounds
Updated: 2012-09-03 13:41
(Xinhua)
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BEIJING -- The Purchasing Managers Index 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 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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