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China Service Sector Expands Faster in April, RatingDog Says

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-- China's service sector expanded faster in April as the country's service companies saw heightened activity and new business.

The RatingDog China General Services Business Activity Index accelerated to 52.6 in April from 52.1 in March, according to data released Wednesday.

The faster expansion came as new business grew, with new orders increasing for the 40th straight month, according to RatingDog.

Outstanding workloads also grew during the month, while average input prices also increased in line with rising fuel prices.

Service demand was strongest in the domestic markets, with new export business falling for the second straight month.

The Composite Output Index also grew to 53.1 in April from 51.5 in March, the second-fastest since May 2024, according to RatingDog.

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