Tue, 24 Nov 2020

China's non-manufacturing PMI rises in October

Xinhua
31 Oct 2020, 12:18 GMT+10

A cook makes desserts at the Chinese time-honored restaurant Sunya Cantonese Cuisine Restaurant in Shanghai, east China, Oct. 28, 2020. (Xinhua/Ding Ting)

BEIJING, Oct. 31 (Xinhua) -- The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 56.2 in October, up from 55.9 in September, the National Bureau of Statistics (NBS) said Saturday.

A reading above 50 indicates expansion, while a reading below it reflects contraction.

The non-manufacturing PMI has remained above 50 for eight months in a row, data from the NBS showed. ■

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