China's non-manufacturing sector shrinks in April
Updated: 2013-05-03 11:05
(Xinhua)
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BEIJING -- China's non-manufacturing sector shrank in April, according to figures issued on Friday.
The purchasing managers index (PMI) for the non-manufacturing sector stood at 54.5 percent in April, down 1.1 percentage points from the previous month, the National Bureau of Statistics said in an online statement.
A PMI reading above 50 percent indicates expansion, while a reading below 50 percent indicates contraction.
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