(单词翻译:单击)
China’s non-manufacturing industry has continued an upward trend in April. According to the National Bureau of Statistics and the China Federation1 of Logistics and Purchasing, the purchasing managers’ index for China’s non-manufacturing sector2 rebounded4 to 54.8 percent in April, gaining 0.3 percentage points from a month earlier.
The index of new orders was holding and business outlook remained high. A PMI reading above 50 percent indicates industry expansion, while a reading below 50 percent reflects contraction5. Analysts6 say the rebound3 of the service sector and market demand is the main impetuses.
"In view of the sectors8, activities in the productive service sector, especially the logistics industry are active. And the PMI data released on Thursday shows large purchases by companies. So from the aspects of China’s economy, production and business, the market is active." said Cai Jin, Vice7 Chairman, China Federation of Logistics & Purchasing.