India, April 3 -- China's service sector growth accelerated to a three month-high in March on rising business activity and new orders, survey data from S&P Global showed on Thursday.
The Caixin services Purchasing Managers' Index logged 51.9 in March compared to 51.4 in February.
The index has remained above the crucial 50.0 no-change mark for the twenty-seventh straight month. Moreover, this was the highest score since December.
New orders grew at the fastest pace in three months, underpinned by supportive policies, marketing efforts and a broad improvement in demand conditions.
Further, there was another monthly reduction in the volume of backlogged work. Signs of spare capacity contributed to a renewed drop in employment in March.
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