China's non-manufacturing sector expands slower

liu
0 Comment(s)Print E-mail Xinhua, October 3, 2012
Adjust font size:

BEIJING, Oct. 3 (Xinhua) -- The Purchasing Managers Index (PMI) of China's non-manufacturing sector, a key economic indicator, dropped 2.6 percentage points to 53.7 percent in September, an official survey showed on Wednesday.

The decline indicated the non-manufacturing economy slowed by a certain degree, said Cai Jin, vice chairman of the China Federation of Logistics and Purchasing (CFLP) which releases the data.

A PMI reading above 50 percent indicates expansion from the previous month, while readings below this mark indicate contraction. Enditem

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter