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China Daily | Updated: 2016-08-04 07:47
China services sector continues to expand
Business activity in China's services sector continued to expand in July, a private survey showed on Wednesday. The Caixin China General Services Purchasing Managers Index came in at 51.7 in July, down from 52.7 in June, according to the survey conducted by financial information service provider Markit Ltd and sponsored by Caixin Media Co Ltd. A reading above 50 indicates expansion, while a reading below 50 represents contraction.
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