Beijing (Reuters) – China’s not -manufacturing activity in January, however, grew at a slower pace than in December, as an official survey on Monday showed, which indicates that political decision -makers have to introduce even more stimulus measures to support depressive domestic demand.
According to the National Bureau of Statistics (NBS), the official non-manufacturing purchase manager index (PMI), which includes services and construction work, fell from 52.2 in December to 50.2. The 50-point mark separates the expansion from the contraction of activity monthly.
The NBS Composite PMI, which includes production and services, reached 50.1 compared to 52.2 in January.
(This story has been corrected to clarify that the not produced activity in the heading and in paragraph 1 has not increased.
