January non-manufacturing PMI slightly reduced to 56.4%

0.1% more than last month. China Logistics and Purchasing Association yesterday released China January 2011 non-manufacturing Business activity index.　　The New Order index, the backlog index and the expected index of business activity rebounded in each of China's non-manufacturing PMI indices this month, while the rest of the major indices fell to varying degrees. The January target was 56.4%, down 0.1% from last month. Cai Jin, vice president of China Logistics and Purchasing Federation, said the PMI showed that non-manufacturing continued to run smoothly.　　Among them, construction activities affected by the seasonal impact of the decline is more obvious, retail, transport, catering and other major services by the Spring Festival demand pull more active.　　Real Estate New Order index of 42%, for the 4th consecutive month to come down, in the country continue to strengthen the real estate control background, this year's real estate market trend still need to pay close attention to. On the sub-index, the New Order index for January was 53.1%, up 0.8% from last month. The new export order index was 49.6%, down 1% on the chain. The charge price index was 53.7%, down 0.2% from last month.　　The Business Activity Forecast index was 68.1%, up 1.4% from last month. In general, China's non-manufacturing PMI index is above 50% per cent, reflecting a general rise or growth in the non-manufacturing sector, below 50%, reflecting a decline or fall in the non-manufacturing economy.