China manufacturing up in April: Government
Published on May 1, 2014 10:42 AM
BEIJING (AFP) - China's manufacturing activity improved in April, the government said on Thursday, showing increased strength for a second-straight month as the country's broader economy slows.
The official purchasing managers index (PMI) was 50.4 in April, the National Bureau of Statistics said in a statement, up from 50.3 in March.
The index tracks manufacturing activity in China's factories and workshops and is a closely watched indicator of the health of the economy. A reading above 50 indicates growth.
The result matched the median forecast in a survey of 11 economists by Dow Jones Newswires.
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