China's Purchasing Managers' Index or PMI for the manufacturing sector increased to a seasonally adjusted 53.5 in April from 52.4 in March, the Federation of Logistics and Purchasing reportedly said Friday.
The index rose for the fifth consecutive month in April, and it was the second month the index remained above the threshold reading of 50.
A reading above 50 indicates an expansion, while a reading below 50 signals a contraction.
In April, the output index moved up to 57.4 from 56.9 in March, while the new orders index rose to 56.6 from 54.6. The new export orders index increased to 49.1 from 47.5. The employment index also improved, rising to 50.3 in April from 48.6 in the preceding month.
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