India, March 5 -- China's service sector grew at a faster pace in February on a moderate growth in new business, survey results from S&P Global showed on Wednesday.
The services Purchasing Managers' Index rose unexpectedly to 51.4 in February from 51.0 in January. The reading was forecast to fall to 50.8.
The score has remained above the neutral 50.0 mark for 26 consecutive months, signalling a sustained period of continuous growth.
The expansion of activity was driven by a combination of higher sales, the start-up of new projects and promotional work. New export business also grew at the fastest pace in three months.
Employment rose only fractionally in February following two consecutive declines.
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