Global manufacturing PMI continued to decline in April, increasing pressure on the economy to move further downward.

The China Federation of Logistics and Purchasing announced the global manufacturing purchasing managers' index for April today. The index has been running below 50% for the past two months, indicating increasing downward pressure on the global economy. The global manufacturing purchasing managers' index for April was 49.1%, a decrease of 0.5 percentage points from the previous month, marking the second consecutive monthly decline. Analysts believe that the global manufacturing industry remains weak, reflecting the overall pressure on the global economy. The escalating risks of global economic downturn are attributed to the disruptions caused by the United States' imposition of tariffs.