PMI growth slows; signs promising

Data show manufacturing sector keeps momentum, sub indexes remain strong

China's manufacturing growth slowed in April as the government tightened supervision of financial risks, but still maintains momentum, according to analysts.

The Purchasing Managers' Index, which reflects the manufacturing sector's performance, registered 51.2 in April, slightly lower than 51.8 a month earlier, according to data from the National Bureau of Statistics released on Sunday. The figure remains above the year-ago index of 50.1.