The Service Industry Is Growing Fast And The Modern Service Industry Is Growing Well.

- May 16, 2019-

In April, the national service industry production index increased by 7.4% year-on-year, and the growth rate fell by 0.2 percentage points from last month, and accelerated by 0.1 percentage points from January to February. From January to April, the national service industry production index increased by 7.4% year-on-year, which was the same as in January to March. In April, information transmission, software and information technology services, leasing and business services increased by 25.0% and 8.1% year on year, respectively, faster than the national service industry production index by 17.6 and 0.7 percentage points, respectively. The business activity index of service industry is 53.3%, which keeps above the boom and bust line. The business activity expectation index and new order index of service industry are 60.0% and 50.2% respectively, which are higher than the critical point.

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