FILE: China - Date Unknown (CCTV - No access Chinese mainland)
1. Aerial shot of factories, road, buildings
2. Various of robots, machines working

Beijing, China - Nov 30, 2024 (CCTV - No access Chinese mainland)
3. SOUNDBITE (Chinese) Zhang Yansheng, research fellow, Chinese Academy of Macroeconomic Research (partially overlaid with shots 4-5/ending with shot 6):
"Since the introduction of a wealth of incremental policies in late September, we have clearly observed a comprehensive recovery in the PMI of October and the PMI continued to rebound across the board in November. This is a very encouraging change. In terms of managing expectations and restoring confidence, it can be said that quite good results have been achieved."

++SHOTS OVERLAYING SOUNDBITE+
FILE: China - Date Unknown (CCTV - No access Chinese mainland)
4. Aerial shots of factories
5. Various of workers, interior of workshops
++SHOTS OVERLAYING SOUNDBITE+
6. Various of robots working, production line
7. Various of auto assembly line
8. Various of vehicles at port for export

Beijing, China - Nov 30, 2024 (CCTV - No access Chinese mainland)
9. SOUNDBITE (Chinese) Huo Lihui, head, Business Climate Survey Division, Service Survey Center, National Bureau of Statistics (ending with shot 10):
"Both the production index and the new orders index have risen, with the new orders index reaching the expansion zone for the first time since May of this year, indicating a more dynamic manufacturing market."

FILE: China - Date Unknown (CCTV - No access Chinese mainland)
10. Various of robots, equipment working
11. Various of machinery
12. Various of screens
13. Various of equipment working

China's manufacturing purchasing managers' index (PMI) remained in the expansion zone for the second consecutive month in November, signaling continued stability and growth of the sector, according to data jointly released by the China Federation of Logistics and Purchasing and the National Bureau of Statistics (NBS) on Saturday.

The manufacturing PMI came in at 50.3 in November, up 0.2 percentage points from October.

A reading above 50 percent indicates expansion, while a reading below 50 percent reflects contraction.

The manufacturing PMI has edged up for three consecutive months and remained in the expansion range for two consecutive months.

"Since the introduction of a wealth of incremental policies in late September, we have clearly observed a comprehensive recovery in the PMI of October and the PMI continued to rebound across the board in November. This is a very encouraging change. In terms of managing expectations and restoring confidence, it can be said that quite good results have been achieved," said Zhang Yansheng, a research fellow at the Chinese Academy of Macroeconomic Research.

In November, both the existing and incremental policies continued to take effect, driving faster growth in market supply and demand.

The new orders index reached 50.8 percent, marking its third consecutive month of month-on-month growth, reflecting a sustained improvement in market demand, with a trend of accelerating recovery.

Enterprises' willingness to produce also ramped up, with the production index remaining in the expansion zone for three consecutive months, reflecting a steady and accelerating growth in manufacturing activities since September.

"Both the production index and the new orders index have risen, with the new orders index reaching the expansion zone for the first time since May of this year, indicating a more dynamic manufacturing market," said Huo Lihui, head of the Business Climate Survey Division of the Service Survey Center under the NBS.

In addition, business confidence becomes stronger, with the expectations index of production and business activities rising to 54.7 percent in November, a 0.7-percentage-point uptick from October and the second consecutive monthly rise.