Caixin China driven by new orders, Caixin ChinaThe general service industry business activity index (service industry PMI) has continued to rise.
Caixin.com reported that November Caixin China Service Industry PMI, which was announced on Tuesday (December 5), increased by 1.1 from October to 51.5, the highest point since September.
This is different from the official PMI situation of China's official service industry.The November service industry business activity index announced by the National Bureau of Statistics of China fell to the contraction range, which was 49.3.
According to Reuters, analysts believe that the difference between the two data may be because the scale of the two investigations is different from the type of interviewed enterprises.
Caixin.com also reported that the sub -data shows that the expansion of the supply and demand of the service industry has accelerated slightly, but the overall is still weak.The interviewed enterprises reported that the fundamentals of the market improved and the new orders increased, but the number of customers was insufficient, and the overall growth was restricted.In addition, despite the simultaneous expansion of the service industry supply and demand, the employment situation has deteriorated.
