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PMI points to modest expansion

By Zhou Lanxu and Wang Yanfei | China Daily | Updated: 2018-12-06 07:38

Recovery in economic activity mainly driven by improved domestic demand

Growth in the services sector in November notched up its fastest pace in the past five months, underpinning a modest expansion of the world's second-largest economy, according to a private survey released on Wednesday.

The Caixin/Markit services purchasing managers' index, reflecting expansion in the business activities of the services sector, rebounded by 3 percentage points to 53.8 in November.

PMI points to modest expansion

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