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BEIJING—A gauge of Chinese enterprise exercise exterior the manufacturing facility flooring rose to its highest stage in 2½ years in August, an indication that Beijing’s efforts to stimulate consumption at house are having an affect.
China’s official nonmanufacturing buying managers index rose to 55.2 in August from 54.2 a month earlier, primarily pushed by the service sector, the National Bureau of Statistics mentioned Monday. It marks the sixth consecutive month that the index topped the 50 mark that separates enlargement from contraction.
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