China’s non-manufacturing PMI rises to 50.4 in Feb.

China’s non-manufacturing purchasing managers’ index (PMI) reached 50.4 in February, rising by 0.2 percentage points from the previous month, according to official data released on Saturday, signalling continued expansion.

The National Bureau of Statistics (NBS) reported that a reading of 50.0 in February for the service sector sub-index indicated no change from the previous month, with any reading above 50 indicating expansion and below 50 reflecting contraction.

Attribution: Xinhua

Subediting: Y.Yasser