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China's service sector saw its fastest growth in 14 months in July, driven by higher demand and exports.
China's services sector grew at its fastest pace in 14 months in July, according to a private survey.
The S&P Global China Services PMI rose to 52.6, up from 50.6 in June, driven by increased domestic demand and new export orders.
Job creation also saw a fresh increase.
However, rising costs for raw materials, fuel, and wages led firms to raise prices.
Despite the service sector's growth, the overall composite PMI, which includes manufacturing, dipped to 50.8, reflecting a mixed performance across sectors.
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El sector servicios de China registró su crecimiento más rápido en 14 meses en julio, impulsado por una mayor demanda y exportaciones.