BUSINESS China's non-manufacturing PMI down in October

BUSINESS

China's non-manufacturing PMI down in October

Xinhua

10:08, October 31, 2021

Customers enjoy the meals at a hot pot restaurant in southwest China's Chongqing Municipality, Oct. 5, 2020. (Xinhua/Wang Quanchao)

BEIJING, Oct. 31 (Xinhua) -- The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 52.4 in October, down from 53.2 in September, the National Bureau of Statistics said Sunday.

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

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