8月份財新綜合PMI跌破榮枯線
A closely watched set of privately-produced PMI readings for China produced a bleak picture of the economy in August, with the overall 'composite' PMI reading indicating the economy was contracting, not expanding.
一組受到密切關注的、由民間機構調查得出的採購經理人指數(PMI)，描繪出了中國經濟在8月份的慘淡景象，其中的“綜合”PMI讀數顯示出，中國經濟活動在收縮、而不是在擴張。
The Caixin-sponsored final manufacturing PMI reading for August was revised slightly upwards to 47.3, from a preliminary reading of 47.1. It was last above 50 - the threshold separating contraction from expansion - in February.
8月份的財新(Caixin)製造業PMI終值爲47.3，略高於47.1的初值。該讀數上次高於50（即區分活動收縮與擴張的榮枯線）還是在今年2月。
The weak manufacturing reading dragged the overall composite PMI for the economy as a whole to 48.8, versus 50.2 in July. The last time the overall PMI measure for this series showed contraction was in April 2014.
疲軟的製造業讀數，將衡量中國整體經濟活動的綜合PMI拉低至48.8，7月份則爲50.2。綜合PMI上次低於50，還是在2014年4月。
The services PMI for August was 51.5, slightly down from the 53.8 recorded in July, and was the lowest reading in 13 months.
8月份的財新服務業PMI爲51.5，略低於7月份的53.8，是13個月來的最低值。
The Caixin-sponsored series is based on a much smaller sample of smaller, private companies and tends to be more volatile than the official reading. The official survey focuses on larger state enterprises.
這組由財新贊助的指數，調查樣本相對小得多，調查對象也是民營中小企業，讀數往往比官方PMI讀數的波動性更大。中國官方的PMI調查，聚焦於規模較大的國有企業。
