The Caixin/Markit services purchasing managers’ index (PMI) rose to 56.8 in October from 54.8 in September. Photo: Xinhua
The Caixin/Markit services purchasing managers’ index (PMI) rose to 56.8 in October from 54.8 in September. Photo: Xinhua

China’s services sector remained strong in October, second highest in 10 years

  • Caixin/Markit services purchasing managers’ index (PMI), a gauge of sentiment among smaller, private firms, rose to 56.8 in October from 54.8 in September
  • It follows the official non-manufacturing PMI rising to 56.2 in October, above the 55.9 reading for September

Topic |   China economy
The Caixin/Markit services purchasing managers’ index (PMI) rose to 56.8 in October from 54.8 in September. Photo: Xinhua
The Caixin/Markit services purchasing managers’ index (PMI) rose to 56.8 in October from 54.8 in September. Photo: Xinhua
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