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China January non-manufacturing PMI drops

(Xinhua)    10:14, February 01, 2015
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BEIJING, Feb. 1 -- China's service sector activity dropped in January, an official monthly survey showed on Sunday.

The purchasing managers' index (PMI) for the non-manufacturing sector retreated to 53.7 in January from 54.1 in December, according to a report released jointly by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

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

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Kong Defang,Bianji)

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