China's services activity growth hits 15-month high in August, private PMI shows
Published on: Sept. 3, 2025, 7:53 a.m. | Source: The Economic Times
China's service sector experienced its fastest expansion since May 2024 in August, fueled by stronger domestic demand and a rebound in foreign orders, according to a private-sector survey. Despite this growth, service providers faced rising input costs, leading to staff reductions and pressure on profit margins. Overall business confidence improved with increased new business and activity.
