Chinese manufacturing activity improved slightly in September while growth in service industries slowed due to disruptions from a massive military parade, surveys showed Thursday.
An official manufacturing index based on a survey of factory purchasing managers edged up to 49.8 in September from August's 49.7, which was the lowest level since August 2012. In July, it was 50.0.
The index, compiled by the Chinese Federation for Logistics and Purchasing, is based on a 100-point scale on which numbers above 50 indicate expansion.
Manufacturing may have been weighed down by temporary factory closures and a two-day national holiday for a military parade in Beijing in early September. Manufacturing, however, also faces ongoing downward pressure from weak foreign demand and official efforts to make consumption a bigger part of the Chinese economy.
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