Softer service sector weighs on economy
By Chen Jia | China Daily | Updated: 2013-09-04 07:44
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The index for new orders in the non-manufacturing sector rose to 50.9 in August from 50.3 in July, but the export sub-index sank to 49.6, compared with 53.1 in July, showing continued weakness in overseas demand. Xie Zhengyi / For China Daily |
Non-manufacturing business activity moderated in China last month, with the Purchasing Managers' Index coming in at 53.9, down from 54.1 in July, official data showed on Tuesday.
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