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    Service sector drives up growth

    By Chen Jia in Beijing and Yu Ran in Shanghai | China Daily | Updated: 2013-08-06 07:09

    The service sector is tipped to replace the manufacturing industry and become the strongest driver of the Chinese economy.

    Economists said China seems to be moving toward a more environmentally sustainable and less resource-intensive growth pattern, as the faster improvement of the service sector is in stark contrast with a sluggish manufacturing industry.

    The British financial group HSBC reported on Monday that July's service purchasing managers index was 51.3, signaling a modest increase in business activity in the service sector.

    Service sector drives up growth

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