PMI edges up to 51.1 in April

Manufacturing improves for 11th consecutive month, driven by stronger output

China's manufacturing sector showed a further marginal improvement in operating conditions last month, driven by accelerated output, although weaker demand in international markets stagnated exports, according to an unofficial leading economic indicator released on Wednesday.

The manufacturing Purchasing Managers' Index (PMI), jointly issued by Caixin Insight Group and global marketing information company IHS Markit, edged up to 51.1 in April from 51.0 in March, marking the 11th consecutive month of the strengthening of operating conditions, although the rate of improvement was modest.