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    China's non-manufacturing PMI rises to 54.1 pct in July

    2013-08-03 10:29 Xinhua Web Editor: Wang YuXia
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    The purchasing managers index (PMI) for China's non-manufacturing sector stood at 54.1 percent in July, up from 53.9 percent for June, according to official data released on Saturday.

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

    The monthly indicator is released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

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