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China's non-manufacturing sector rebounds in March

(Xinhua)

10:19, April 03, 2012

BEIJING, April 3 (Xinhua) -- Business activities in China's non-manufacturing sector steadily rebounded in March on rising market demands, the China Federation of Logistics and Purchasing (CFLP) said Tuesday.

The non-manufacturing sector's Purchasing Managers Index (PMI), a key economic indicator, rose 0.7 percentage points from February to 58 percent, the CFLP said.

A PMI reading above 50 percent indicates expansion from the previous month, while below indicates contraction.

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