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Wang Zhe, senior economist at Caixin Intelligence Tank: The manufacturing boom continued to improve in April, and the expansion of supply and demand accelerated

On April 30th, the prosperity of the manufacturing industry continued to improve in April. The expansion of supply and demand accelerated, and the performance of external demand was excellent. However, employment still did not improve significantly. The price level remained low, especially the sales-side prices were sluggish, and the profitability of enterprises increased. The economic growth rate in the first quarter of 2024 exceeded market expectations, and the economy started well. It was con...

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2024-04-30 01:47:34

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