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Financial News: China's Manufacturing Growth Slows In April

China's Manufacturing Growth Slows In April

04/30/2018 - 00:55:00 (RTTNews)

(RTTNews) - China's manufacturing sector grew at a slower pace in April, survey data from the National Bureau of Statistics showed Monday.

The official manufacturing Purchasing Managers' Index fell slightly to 51.4 in April from 51.5 in March. Nonetheless, the score remained above 50, indicating expansion in the sector.

NBS senior statistician Zhao Qinghe, said the manufacturing sector continued to maintain its steady growth trend.

Meanwhile, the non-manufacturing PMI that covers services and construction, improved to 54.8 from 54.6 a month ago.

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