Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Data

China's non-manufacturing sector expands faster in June

July 02, 2018


Abstract : China's non-manufacturing sector expanded at a faster pace in June, official data showed Saturday.

BEIJING, June 30 (Xinhua) -- China's non-manufacturing sector expanded at a faster pace in June, official data showed Saturday.

The purchasing managers' index (PMI) for the sector came in at 55 in June, up from 54.9 in May, the National Bureau of Statistics (NBS) said.

A reading above 50 indicates expansion, while a reading below reflects contraction.

The service sector, which accounts for more than half of the country's GDP, showed sound momentum, with the sub-index measuring business activity in the industry standing at 54, unchanged from the reading in May.

Faster expansion was seen in air and railway transportation, telecommunications, and banking industries, the NBS said.

The construction industry registered faster expansion, with the sub-index measuring its business activity reaching 60.7 in June, the highest point this year.

The NBS data also showed that the manufacturing PMI came in at 51.5 this month, while the composite PMI output index came in at 54.4 in June. Enditem

Scan the QR code and push it to your mobile phone

Keyword: China non-manufacturing

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial