China's services activity growth improved at the end of the year with firms posting faster increase in new work, survey results from IHS Markit showed on Thursday.
The Caixin services Purchasing Managers' Index rose to 53.1 in December from 52.1 in November.
A reading above 50.0 indicates expansion in the sector. Output increased in each of the past four months.
Total intakes of new business increased for the fourth successive month in December. Moreover, the pace of growth quickened from November's three-month low. Services companies also registered a further increase in new orders from abroad.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.