China’s non-manufacturing sector grows

Beijing, April 3 (IANS) China’s non-manufacturing sector grew in March, according to figures issued Wednesday.

The purchasing managers index (PMI) for the non-manufacturing sector stood at 55.6 percent in March, up 1.1 percentage points from the previous month, the National Bureau of Statistics said in an online statement.

A PMI reading above 50 percent indicates expansion, while a reading below 50 percent indicates contraction, reported Xinhua.

Leave a comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.