Current location:Stellar Sphere news portal > business
Accelerated expansion of China's services industry in March: data
Stellar Sphere news portal2024-05-21 10:19:52【business】9People have gathered around
IntroductionBEIJING, April 6 (Xinhua) -- China's services industry reported accelerated expansion in March 2024,
BEIJING, April 6 (Xinhua) -- China's services industry reported accelerated expansion in March 2024, as shown by a rising business activity index which tracks the sector's performance, latest data showed.
In March, the business activity index for the industry in general stood at 52.4 percent -- up 1.4 percentage points compared to the previous month. A reading above 50 indicates expansion, while a reading below 50 reflects contraction. The reading in March also marked the third straight month of growth in the index, according to data jointly released by the National Bureau of Statistics (NBS) and the China Federation of Logistics & Purchasing.
In terms of specific sectors, the sub-indexes for the postal services, telecommunications & radio services, television & satellite transmission services, and monetary and financial services sectors, were all within a well-performing range with a reading of at least 60 percent, while the total business volume of these sectors also grew rapidly, the data revealed.
Meanwhile, the business activity sub-indexes for sectors such as wholesale, railway transportation, as well as leasing & business services, were at 53 percent or above, the data confirmed.
Zhao Qinghe, a senior statistician at the NBS Service Survey Center, said that based on an analysis of market expectations, most companies in the services industry were optimistic about the market's future growth prospects.
(Editor:Fu Bo)
Address of this article:http://jamaica.prpsystems.net/html-66f899904.html
Very good!(947)
Related articles
- Hall of Fame outfielder Ken Griffey Jr. to lead Indianapolis 500 field in Corvette pace car
- Croatian officials welcome the arrival of Rafale fighter jets purchased from France
- Fire burns a restaurant and hotel in eastern India, killing 6 and injuring 20
- NFL to open academy in Australia to identify and develop young prospects
- Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
- Zendaya finds the Met Gala 'terrifying' as she prepares to co
- Rosie Huntington
- Pakistan women's great Bismah Maroof retires from international cricket
- Elon Musk gets approval from FDA to implant his Neuralink brain chip into a second patient
- EU military officer says a frigate has destroyed a drone launched from Yemen's Houthi
Popular articles
- A warrant for Netanyahu’s arrest was requested. But no decision was made about whether to issue it
- More than 100 inmates break free from a Nigerian prison after heavy rains
- Revealed: The 5 popular brands responsible for the most plastic pollution in the world
- Labour refuses to commit to matching Rishi Sunak's defence spending pledge of 2.5% of GDP by 2030
Recommended
Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
Atletico Madrid battles Athletic Bilbao for 4th place in Spain and last Champions League berth
Years after National Enquirer's Trump deal, the tabloid is limping badly
Revealed: The 5 popular brands responsible for the most plastic pollution in the world
Georgia Republicans choose Amy Kremer, organizer of pro
Married With Children's WILD behind
Warning over surge in imported malaria in Britain as cases of deadly mosquito
Revealed: The 5 popular brands responsible for the most plastic pollution in the world
Links
- Israel's long
- Ruud advances to Barcelona semis after beating Arnaldi in straight sets
- Angel Reese gushes over Caitlin Clark as she put rivalries aside at last week's WNBA Draft
- Hackers claim Belarus fertilizer plant infiltrated to demand political prisoner release
- Start of Sen. Bob Menendez's bribery trial is delayed a week to mid
- France asks retailers to alert customers to cases of 'shrinkflation'
- Claire Danes carries umbrella for bundled
- Censors block blogger after caller asks 'Is Xi Jinping a dictator?' — Radio Free Asia
- Pennsylvania board's cancellation of gay actor's school visit ill
- Pennsylvania board's cancellation of gay actor's school visit ill