中国's services 部門 sees modest growth in Oct - Caixin PMI
BEIJING, Nov 3 (Reuters) - Activity 選ぶd up わずかに in 中国's services 部門 in October but growth remained modest and much 女性 than historical 傾向s, a 私的な 調査する showed on Friday.
The findings, along with other 私的な and 公式の／役人 商売／仕事 readings earlier in the week, are likely to 増強する 見解（をとる）s that the world's second-largest economy saw a more subdued start to the fourth ４半期/4分の1 after racing ahead earlier in the year.
The Caixin/Markit services 購入（する）ing 経営者／支配人s' 索引 (PMI) rose to 51.2 in October, up わずかに from September's 21-month low but 示唆するing only a subdued 拡大 in activity and new orders.
A reading above 50 示すs growth, and any lower signals 悪化／低下 on a 月毎の basis. The 索引 had 攻撃する，衝突する a three-month high in August.
An 公式の／役人 計器 of the 非，不，無-製造業の 部門 on Tuesday showed slower but still 比較して solid growth in October.
中国's leaders are counting on growth in services and 消費 to rebalance their 経済成長 model from its 激しい 依存 on 投資 and 輸出（する）s. The services 部門 accounts for over half of the economy, with rising 給料 giving Chinese 消費者s more spending 力／強力にする that is 存在 felt at home and abroad.
Unlike the 公式の／役人 data, the Caixin 調査する tends to 焦点（を合わせる） more on small and 中央の-sized companies, which have tended to be under greater 緊張する than their larger, 明言する／公表する-supported peers.
But one 肯定的な takeaway from the 最新の Caixin 調査する 示唆するd smaller 会社／堅いs may be 回復するing some pricing 力／強力にする.
While their input costs for raw 構成要素, 燃料 and 労働 continued to rise, service providers were able to raise their prices at the quickest pace in over two years, 保護するing 利益（をあげる） 利ざやs but also pointing to building inflationary 圧力s.
中国's economy has surprised 全世界の 財政上の markets and 投資家s with 強健な growth of nearly 7 パーセント so far this year, driven by a renaissance in long-ail ing "smokestack" 産業s such as steel.
But 所有物／資産／財産 and construction activity, two of the economy's main growth drivers, are starting to 冷静な／正味の under the 負わせる of 政府 対策 to 冷静な／正味の heated 住宅 prices and higher borrowing costs.
While growth in services took up much of that slack in the third ４半期/4分の1, 製造業の may 直面する a 詐欺師 減産／沈滞 in coming months as the 政府 orders many mills and factories in northeast 中国 to curtail or 停止（させる） 生産／産物 to 減ずる winter 空気／公表する 汚染.
反映するing the growing drag on 製造業の 生産（高）, Caixin's 合成物 製造業の and services PMI for October fell 0.4 points to 51.0 in October, the lowest since June 2016.
"The Caixin PMIs for October showed that the economy had a 比較して weak start to the fourth ４半期/4分の1. However, 通貨の 政策 is ありそうもない to be 緩和するd unless major downside 危険s 現れる,"Zhengsheng Zhong, director of macroeconomic 分析 at CEBM Group, said in a 公式文書，認める …を伴ってing the 調査する.
中国's 公式の／役人 factory 調査する showed activity in energy-集中的な and 汚染するing 産業s slowed in October in the 直面する of 政府's rigorous 汚染 対策.
At 中国's recently-結論するd 共産主義者 Party 議会, 大統領 Xi Jinping said the country would 追求する high-質 growth over high-速度(を上げる） growth while 増強するing a 誓約（する） to 勝利，勝つ the war on 汚染 and clamp 負かす／撃墜する on riskier types of lending.
Even with some loss of 勢い in the fourth ４半期/4分の1, 中国's 経済成長 is still 推定する／予想するd to easily 会合，会う or （警官の）巡回区域，受持ち区域 the 政府's 十分な-year 的 of around 6.5 パーセント after a 強健な start to the year.
分析家s 投票d by Reuters last month 予測（する） 中国's 2017 growth at 6.8 パーセント, before slowing to 6.4 パーセント in 2018 as the 所有物／資産／財産 抑制（する）s and a 厳重取締 on 負債 危険s 伸び（る） more traction. (報告（する）／憶測ing by Lusha Zhang and Elias Glenn; Editing by Kim Coghill)
