China's November Caixin services PMI was 51.5, compared with expectations of 52.4, compared with the previous value of 52.
On December 4th, the service industry continued to be in the expansion range in November, but it fell back from the previous month. The November fiscal new China general service industry operating activity index (service PMI) released on December 4th recorded 51.5, down 0.5 percentage points from October, still above the critical point, indicating that the expansion of service industry operating activities slowed down slightly.
China's November Caixin manufacturing PMI was 51.5, up from an expected 50.5 and a previous value of 50.3.
According to Caixin, the Caixin China Manufacturing Purchasing Managers Index (PMI) recorded 51.5 in November, up 1.2 percentage points from October, and has been in the expansion range for two consecutive months.
China's October Caixin services PMI will be released in ten minutes.
China's October Caixin services PMI was 52, expected to be 50.5, compared with a previous value of 50.3.
On November 5th, the expansion of the service industry accelerated in October, with supply and demand improving simultaneously, and business confidence rebounded at a low level. On November 5th, the October fiscal new China general service industry operating activity index (service PMI) recorded 52.0, higher than 1.7 percentage points in September and the highest point in nearly three months, indicating that the service industry has rebounded.
China's July Caixin services PMI was 52.1, expected to be 51.5, compared with a previous value of 51.2.
According to Caixin, the July Caixin China General Service Industry Business Activity Index (PMI) released on August 5 recorded 52.1, up 0.9 percentage points from June, indicating that the expansion of the service industry has accelerated.
China's June Caixin services PMI was 51.2, compared with an expected 53.4, compared with a previous value of 54.
On July 3rd, the June fiscal new China general service industry business activity index (service PMI) released on July 3rd recorded 51.2, lower than 2.8 percentage points in May and the lowest since November 2023, indicating that the service industry's prosperity has declined.
According to Caixin, the licensing system for virtual asset trading platforms in Hong Kong came into effect on June 1, 2023, and the one-year transition period for non-licensed stock platforms expired on May 31, 2024. However, the reporter found on June 26 that non-licensed platforms registered with Hong Kong ID cards can still trade with existing funds.
On April 30th, the prosperity of the manufacturing industry continued to improve in April. The expansion of supply and demand accelerated, and the performance of external demand was excellent. However, employment still did not improve significantly. The price level remained low, especially the sales-side prices were sluggish, and the profitability of enterprises increased. The economic growth rate in the first quarter of 2024 exceeded market expectations, and the economy started well. It was con...