Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

China’s non-manufacturing sector maintains expansion in June

China’s non-manufacturing activity maintained expansion in June with its purchasing managers’ index (PMI) at 50.5 for the month, the National Bureau of Statistics (NBS) said Sunday.

According to China Central Television (CCTV) report, A reading above 50 indicates expansion, while a reading below 50 reflects contraction.

The number in June is just 0.6 percentage points lower than in May. Despite the slight dip, the whole sector still stays in expansion.

The service industry, in particular, saw a slight slump. Its business activity index declined to 50.2 percent, down by 0.3 percentage points from last month.

“Regarding different sectors, the business activity indexes of air transport, postal services, telecommunications, broadcasting and TV, satellite transmission, monetary and financial services, insurance and other industries are at a relatively high range of above 55 percent, with a rapid growth of business volume,” said Huo Lihui, head of Service Survey Center’s business climate survey division with National Bureau of Statistics.

As continued heavy rains had an impact on the construction projects in south China, the business activity index of construction sector stood at 52.3 percent, 2.1 percentage points lower than that of May.

However, the index for business expectations of the construction industry was 54.7 percent, showing strong enterprise confidence in the sector’s future development.