Home / Business

Caixin services PMI hits 16-month high

By Wang Yiqing | China Daily | Updated: 2016-12-06 07:50

Business activity in China's services sector expanded to a 16-month high in November, according to a private survey released on Monday.

The Caixin China General Services Purchasing Managers Index, conducted by financial information service provider Markit and sponsored by Caixin Media Co Ltd, stood at 53.1 in November, up from 52.4 in October and the highest since July 2015.

A reading above 50 indicates expansion in the services sector.

Caixin services PMI hits 16-month high

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349