Related News
China's service sector grows at slower pace: HSBC
Online Edition
China's service sector continued to grow in April, but at a slower pace, according to an industry index released by banking institution HSBC today.
The HSBC/Markit China Services Business Activity Index, an indicator designed to provide a snapshot of operating conditions in the sector, stood at 51.4 in April, down from 51.9 in March.
"Service sector firms saw a modest expansion of business activity. That said, the rate of growth eased from March and remained weak in the context of historical data," said data company Markit in a statement.
A reading above 50 indicates expansion, while one below 50 indicates contraction.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
