Difference:

1. Caixin China General Services Purchasing Managers' Index (PMI) is compiled based on data from Caixin's monthly questionnaire survey of purchasing executives from more than 400 private service companies.

2. China's National Bureau of Statistics Service PMI is specifically organized and implemented by the National Bureau of Statistics Direct Investigation Team, using the National Statistics Networked Direct Reporting System to conduct a monthly questionnaire survey of enterprise purchasing managers.

***The same point: it is through the monthly survey results of enterprise purchasing managers statistical summary, compiled by the index, which covers the enterprise purchasing, production, circulation and other aspects of the international common monitoring of macroeconomic trends in one of the pioneering indexes, with a strong prediction, early warning role. PMI is usually 50% as a demarcation point of the economic strength and weakness of the PMI higher than 50%, reflecting economic expansion of the manufacturing sector; lower than 50%, the PMI is the most important factor in the development of the economy. The PMI is usually 50 percent as the cut-off point for economic strength, and when the PMI is higher than 50 percent, it reflects the expansion of the manufacturing economy; below 50 percent, it reflects the contraction of the manufacturing economy.