China's non-manufacturing Business activity index is 62.1% overall rise

China News agency, Beijing, November 3--China Logistics and Procurement Federation this morning released this October China's non-manufacturing Business activity index of 62.1%, indicating that the overall growth of the Chinese manufacturing industry trend. October China's non-manufacturing Business activity index rebounded 3.2% from last month.　　The index has remained above 55% for eight consecutive months since its reversal in March this year. Statistics show that the October China's non-manufacturing Business activity index of the main indicators appear mixed pattern.　　In each sub-index, the backlog index, the median input price index, the fee price index, the employee index, the supplier distribution time index and the business activity expected index were all slightly lower, and the other main indices were picked up in different degrees on the chain. Cai Jin, vice president of China Federation of Logistics and Purchasing, said that China's non-manufacturing business activity index generally rebounded, especially business activities, new orders, export orders and other indicators to reflect market demand, after a steady increase in the early period, this month highlighted the momentum of rising.　　Sustained growth over the next two months will herald a faster growth in the service sector, especially in the consumer goods market. This, he argues, suggests that China's economic recovery and growth are shifting from demand-driven to final demand.　　This will help to consolidate the foundation of China's steady and rapid economic development. China's non-manufacturing Business Activity Index System consists of 10 proliferation indices, such as business activities, new orders, new export orders, backlog orders, inventories, intermediate input prices, fee prices, employees, supplier delivery time, and business activity expectations. In general, the index is above 50% per cent, reflecting a general rise or increase in the non-manufacturing sector, while below 50% reflects a decline or fall in the non-manufacturing economy. Finish