China's Sept non-manufacturing PMI rises to 55.4%
Updated: 2013-10-03 11:14
(Xinhua)
|
|||||||||||
BEIJING -- China's non-manufacturing purchasing managers' index (PMI) rose to 55.4 percent in September from 53.9 percent for August, according to official data released on Thursday.
A PMI reading of more than 50 percent indicates expansion in non-manufacturing activity, while a reading below 50 percent indicates contraction.
The index was released by the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP).
The index reflected strong growth in consumption services represented by retail thanks to the holiday factor in September. It also showed the restructuring policies had boosted demand in the service sector, said Cai Jin, vice chairman of the CFLP.
The non-manufacturing PMI covers sectors including service, construction, software, aviation, railway transport and real estate.
The sub-index for new orders rose to 53.4 percent in September, up 2.5 percentage points from August.
The sub-index for new exports orders climbed to 50.5 percent in September, up 0.9 percentage points from August.
The data came after Tuesday's official release of China's monthly manufacturing PMI, which set a 17-month high to 51.1 percent in September from 51 percent in August.
Flash PMI data point to growth
Sevice PMI hits five-month high in Aug
China's non-manufacturing PMI drops
Aug non-manufacturing PMI falls to 53.9%
Related Stories
China August PMI seen hitting three-month high 2013-08-27 16:39
July non-manufacturing PMI rises to 54.1% 2013-08-03 10:54
HSBC PMI: Business conditions worsen in July 2013-08-02 10:09
China's July manufacturing PMI rises to 50.3 2013-08-01 09:32
Today's Top News
Xi to give speech to Indonesia's parliament
Shutdown still in deadlock after talks
UNSC urges boost to Syria aid access
Russian embassy in Tripoli attacked
Iran has proposal for nuclear deal
Xi opens up on hopes for football World Cup glory
President Xi meets Indonesian counterpart on ties
US, ROK, Japan conduct joint military drills
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Xi visits Indonesia, Malaysia, attends APEC Summit |
National Day holidays around the world |
Foul air rises over landfill expansion |
Flowing colors of 798 art district |
Investing a nation's wealth wisely |
Nuclear plants see growth |