Policies stabilize service sectors
By Wei Tian and Chen Jia | China Daily | Updated: 2012-08-04 07:46
Moderate economic recovery can be seen in coming months, expert says
China's service industries are slowly stabilizing as government policies gradually boost demand, analysts said after the release of new economic measurements on Friday.
The purchasing managers' index for the non-manufacturing sector dropped 1.1 points to 55.6 in July, according to the China Federation of Logistics and Purchasing.
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