IN BRIEF (Page 17)

Services PMI falls to 13-month low

Growth in China's service sector slowed in October, coming in at a 13-month low, according to a private survey, as the volume of new orders dried up. The Caixin services purchasing managers' index stood at 50.8 points in October, down from 53.1 points in September. The sub index for new orders slowed to 50.1 in the previous month, down from 52.4 in September. The government has pledged to step up support to boost the private sector by rolling out more tax cut measures and alleviate the liquidity pressure of the private sector, which plays a key role in overall economic growth.

Qingting FM to upgrade content