PMI shows emphasis shifting
By Gao Changxin in Shanghai | China Daily | Updated: 2014-09-04 07:35
Services gain in August though manufacturing gauge still shows signs of weakness
Figures from the service sector's performance last month have provided further evidence that the economy is rebalancing along the lines that national planners intend, analysts said.
The official services Purchasing Managers Index edged up to 54.4 in August from 54.2 in July, the National Bureau of Statistics and China Federation of Logistics and Purchasing announced on Wednesday.
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