China’s non-manufacturing PMI rises to 50.3 in August

September 2, 2024

BEIJING, Aug. 31 (Xinhua) — The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 50.3 in August, up from 50.2 in July, official data showed Saturday.

A reading above 50 indicates expansion, while a reading below 50 reflects contraction.