Off the wire
• China treasury bond futures open lower Thursday  • China Hushen 300 index futures open higher Thursday  • Chinese shares open lower Thursday  • Xinhua China news advisory --Jan. 5  • Excessive time in front of TV affecting boys' mental health: Aussie study  • Tokyo shares open flat on gains lock-in  • Myanmar says it welcomes aid to Rakhine state through diplomatic channels  • Market exchange rates in China -- Jan. 5  • Chinese yuan strengthens to 6.9307 against USD Thursday  • Zidane leads Real Madrid to win on one-year coaching anniversary  
You are here: 　 Home

Caixin service PMI rises to 17-month high

Xinhua, January 5, 2017 Adjust font size:

China's service sector continued to expand in December 2016, as a private survey showed Thursday that an index for the sector posted its strongest rate in 17 months.

The Caixin General Services Purchasing Managers' Index (PMI) edged up to 53.4 last month from 53.1 in November 2016, according to the survey conducted by financial information service provider Markit and sponsored by Caixin Media Co. Ltd.

The previous high was 53.8 in July 2015. A reading above 50 indicates expansion, while a reading below 50 represents contraction. Endi