Homepage |
首页 新闻动态 法律服务 数据服务 项目服务 投资环境 投资服务机构 经济开发区
Macro-Economy | Business Economy | Industrial Economy | Regional Economy

Home >News >Full article
Search
China's services production decline narrows in April
2020/5/29 15:31:52 Source:Xinhua

BEIJING, May 15 (Xinhua) -- China's Index of Services Production fell 4.5 percent year on year in April, narrowing from 9.1 percent in March, as economic activities continued to recover, data from the National Bureau of Statistics (NBS) showed Friday.

In the first four months of this year, the reading dropped 9.9 percent year on year, recovering from the 11.7-percent fall in the first quarter.

Modern services production logged steady growth, with the sub-index for information transmission, software and information technology services edging up 5.2 percent year on year in April, and that for financial services and real estate grew 4.4 percent and 1.1 percent, respectively.

Sectors once hit hard by the COVID-19 epidemic, such as transportation, warehousing and post, wholesale and retail, as well as hospitality and catering, saw smaller contraction in April than the previous month, the NBS data showed.

Business activities in the services sector also picked up last month, with the Business Activity Index for services came in at 52.1 percent, up 0.3 percentage points from March, according to the NBS.

The New Orders Index for services rose 2.6 percentage points from March to 51.9 percent in April. Enditem

Print Collection Close
 Related News More>>
 Site Map | About Us | Services | Links | Statement

Ministry of Commerce of the People's Republic of China Department of Foreign Investment Administration

Operated by Investment Promotion Agency of MOFCOM

Tel:  (86-10) 64404554

Copyright by Invest in China

Fax: (86-10) 64515317

ICP Record No.: Beijing ICP 06041048-4 E-mail: service@fdi.gov.cn