Published：Apr 30, 01:43Last updated：May 1, 04:01

China's Manufacturing PMI Shows Steady Growth

Apr. 30, 2026 01:43

China's manufacturing PMI was recorded at 50.3% in April 2026, showing a slight decline from the previous month but remaining in expansion territory. The production and new orders indices were above the critical 50-point mark, indicating steady growth in manufacturing activity. Large, medium, and small enterprises all contributed to the positive trend.

Summarized

10News

7Media

Apr. 30, 2026 04:49

Despite the Iran war causing energy prices to surge and raw material supply disruptions, China's manufacturing Purchasing Managers' Index (PMI) expanded for the second consecutive month in April, confirming economic resilience. However, the non-manufacturing sector has contracted, and the overall PMI has declined, indicating that the recovery remains limited.

May. 1, 2026 04:01

China's manufacturing Purchasing Managers' Index (PMI) stood at 50.3% in April, indicating continued expansion. New orders and production indices remained in positive territory, with high-tech and equipment manufacturing sectors showing strong performance. Overseas demand also improved, with the new export orders index returning to expansion after 23 months below 50%.

China's manufacturing sector maintained its expansion in April 2026, with the Purchasing Managers' Index (PMI) standing at 50.3%, according to data released by the National Bureau of Statistics. Despite global economic uncertainties and rising energy prices due to the Iran war, the sector demonstrated resilience, marking the second consecutive month of growth. Key drivers included stable production and demand, with all enterprise sizes contributing positively. CCTV+2

🏭 Sector Performance Breakdown

The high-tech manufacturing and equipment manufacturing sectors showed particularly strong performance, maintaining positive momentum. Small and medium enterprises (SMEs) improved significantly, benefiting from supportive government policies. The production index and new orders index both remained above the critical 50-point mark, signaling sustained activity. CCTV+2

🌍 Global Impact and Resilience

Despite surging energy prices and supply chain disruptions caused by the Iran war, China's industrial sector showed limited impact. The new export orders index returned to expansion after 23 months below 50%, indicating recovering overseas demand. This resilience underscores China's ability to manage external economic pressures effectively. The Wall Street Journal+2

📊 Enterprise Contributions

Large enterprises: Maintained steady growth, anchoring sector stability
Medium enterprises: Showed improved performance compared to previous months
Small enterprises: Benefited most from policy support, with notable vitality
The balanced growth across all enterprise sizes reflects diversified strength in China's manufacturing base. CCTV+2

Iran warEquipment manufacturingHigh-tech manufacturingSmall and medium enterprisesNational Bureau of Statistics