The Politburo stressed that restoring and expanding demand is the key to a durable recovery and cautioned the current improvement is mainly restorative.
A worker works on the production line of a textile company in Qingzhou Economic Development Zone, East China's Shandong province on April 27, 2023.China's manufacturing activity unexpectedly shrank in April, official data showed on Sunday, raising pressure on policymakers seeking to boost an economy struggling for a post-Covid lift-off amid subdued global demand and persistent property weakness.
That missed expectations of 51.4 tipped by economists in a Reuters poll and marked the first contraction since December, when the official manufacturing PMI was at 47.0.
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