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China's April PMI Expands, Trade Surplus Hits Record 2 trillion Yuan

4/30/2026

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Story summary
  • China’s official manufacturing PMI rose to 50.3 in April, marking a second consecutive month of expansion.
  • The private S&P Global/RatingDog PMI climbed to 52.2 in April from 50.8 in March, indicating stronger export-focused growth.
  • China posted a 2 trillion yuan trade surplus, a record $1 billion export value, 5 percent Q1 GDP growth, and a non-manufacturing PMI of 49.4.