China-Manufacturing PMI/November
FILE: Shandong Province, east China - Date Unknown (CCTV - No access Chinese mainland)
1. Various of vehicle production line
FILE: Chongqing Municipality, southwest China - Date Unknown (CCTV - No access Chinese mainland)
2. Various of robotic arms in operation
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
3. Various of workers working on medicine production line
Beijing, China - Oct 30, 2020 (CCTV - No access Chinese mainland)
4. SOUNDBITE (Chinese) Cai Jin, vice president, China Federation of Logistics and Purchasing:
"The index in November rebounded to a level of over 52 percent, a significant growth compared with the previous month. It shows that China's economic recovery is gaining more strengths and speed. "
FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
5. Various of workers installing 5G base stations
Beijing, China - Recent (CCTV - No access Chinese mainland)
6. Various of equipment, scientific research personnel
Beijing, China - Oct 30, 2020 (CCTV - No access Chinese mainland)
7. SOUNDBITE (Chinese) Shi Zhaohui, division chief, Department of Service Statistics, National Bureau of Statistics (partially overlaid with shot 8):
"This reflects accelerated unleashing of the capacity of both production and demand in these industries, and also further strengthening of their leading role to the whole manufacturing industry. With notable achievements in the overall planning for COVID-19 prevention and control and economic and social development, China's economic recovery has maintained a positive momentum amid continued stability."
++SHOT OVERLAYING SOUNDBITE++
FILE: Guangxi Zhuang Autonomous Region, south China - Date Unknown (CCTV - No access Chinese mainland)
8. Various of containers being lifted from truck, loaded onto freighter
++SHOT OVERLAYING SOUNDBITE++
Zhongshan City, Guangdong Province, south China - Recent (CCTV - No access Chinese mainland)
9.Various of worker talking with tax officers, workers at workshop
Beijing, China - Oct 30, 2020 (CCTV - No access Chinese mainland)
10. SOUNDBITE (Chinese) Cai Jin, vice president, China Federation of Logistics and Purchasing:
"The index of all enterprises rebounded significantly in November, no matter whether they are large enterprises or small and medium-sized businesses. This shows that China's economic recovery is well integrated and synergistic."
FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
11. Railway staffer, freight train
12. Aerial shots of freight train, containers
The purchasing managers' index (PMI) of China's manufacturing sector rose significantly in November, as compared with the previous month, indicating remarkable achievements in the overall planning for COVID-19 containment and economic recovery from the fallout of the epidemic.
According to data released by the China Federation of Logistics and Purchasing and National Bureau of Statistics (NBS), China's manufacturing PMI in November came in at 52.1 percent, an increase of 0.7 percentage point from the previous month and a record high so far in 2020. China's manufacturing PMI has been no less than 51 percent for five consecutive months and the economic recovery momentum is steady and progressing.
"The index in November rebounded to a level of over 52 percent, a significant growth compared with the previous month. It shows that China's economic recovery is gaining more strengths and speed," said Cai Jin, vice president of the China Federation of Logistics and Purchasing.
Among the 21 industries surveyed, the number of industries with its PMI in the expansion range has increased to 19. The production index and new orders index of high-tech manufacturing industries such as medicine, electrical machinery, computer communication electronic equipment and instruments and apparatus are all higher than 56.0 percent.
"This reflects accelerated unleashing of the capacity of both production and demand in these industries, and also further strengthening of their leading role to the whole manufacturing industry. With notable achievements in the overall planning for COVID-19 prevention and control and economic and social development, China's economic recovery has maintained a positive momentum amid continued stability," said Shi Zhaohui, division chief with the Service Industry Survey Center of the NBS.
The index for new export orders and import in November were 51.5 percent and 50.9 percent respectively, 0.5 and 0.1 percentage point higher than the previous month. The two figures have been in the expansion range for three consecutive months and picked up month by month, which indicated continued recovery of both imports and exports.
The PMIs of enterprises with different scales are above the threshold and have increased compared with the previous month.
"The index of all enterprises rebounded significantly in November, no matter whether they are large enterprises or small and medium-sized businesses. This shows that China's economic recovery is well integrated and synergistic," said Cai Jin.
In addition, companies are also more optimistic about the market outlook. The production and business activities expectation index in November was 60.1 percent, an increase of 0.8 percentage point from the previous month. It was the first time for the index to reach above 60 percent so far this year.
The PMI is an internationally accepted monitoring and early warning indicator for macro-economy with 50 percent as the critical value of economic growth. A reading above 50 indicates expansion, while a reading below reflects contraction.
China-Manufacturing PMI/November
Dateline : Oct 30, 2020/Recent/File
Location : China
Duration : 1'51
FILE: Shandong Province, east China - Date Unknown (CCTV - No access Chinese mainland)
1. Various of vehicle production line
FILE: Chongqing Municipality, southwest China - Date Unknown (CCTV - No access Chinese mainland)
2. Various of robotic arms in operation
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
3. Various of workers working on medicine production line
Beijing, China - Oct 30, 2020 (CCTV - No access Chinese mainland)
4. SOUNDBITE (Chinese) Cai Jin, vice president, China Federation of Logistics and Purchasing:
"The index in November rebounded to a level of over 52 percent, a significant growth compared with the previous month. It shows that China's economic recovery is gaining more strengths and speed. "
FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
5. Various of workers installing 5G base stations
Beijing, China - Recent (CCTV - No access Chinese mainland)
6. Various of equipment, scientific research personnel
Beijing, China - Oct 30, 2020 (CCTV - No access Chinese mainland)
7. SOUNDBITE (Chinese) Shi Zhaohui, division chief, Department of Service Statistics, National Bureau of Statistics (partially overlaid with shot 8):
"This reflects accelerated unleashing of the capacity of both production and demand in these industries, and also further strengthening of their leading role to the whole manufacturing industry. With notable achievements in the overall planning for COVID-19 prevention and control and economic and social development, China's economic recovery has maintained a positive momentum amid continued stability."
++SHOT OVERLAYING SOUNDBITE++
FILE: Guangxi Zhuang Autonomous Region, south China - Date Unknown (CCTV - No access Chinese mainland)
8. Various of containers being lifted from truck, loaded onto freighter
++SHOT OVERLAYING SOUNDBITE++
Zhongshan City, Guangdong Province, south China - Recent (CCTV - No access Chinese mainland)
9.Various of worker talking with tax officers, workers at workshop
Beijing, China - Oct 30, 2020 (CCTV - No access Chinese mainland)
10. SOUNDBITE (Chinese) Cai Jin, vice president, China Federation of Logistics and Purchasing:
"The index of all enterprises rebounded significantly in November, no matter whether they are large enterprises or small and medium-sized businesses. This shows that China's economic recovery is well integrated and synergistic."
FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
11. Railway staffer, freight train
12. Aerial shots of freight train, containers
The purchasing managers' index (PMI) of China's manufacturing sector rose significantly in November, as compared with the previous month, indicating remarkable achievements in the overall planning for COVID-19 containment and economic recovery from the fallout of the epidemic.
According to data released by the China Federation of Logistics and Purchasing and National Bureau of Statistics (NBS), China's manufacturing PMI in November came in at 52.1 percent, an increase of 0.7 percentage point from the previous month and a record high so far in 2020. China's manufacturing PMI has been no less than 51 percent for five consecutive months and the economic recovery momentum is steady and progressing.
"The index in November rebounded to a level of over 52 percent, a significant growth compared with the previous month. It shows that China's economic recovery is gaining more strengths and speed," said Cai Jin, vice president of the China Federation of Logistics and Purchasing.
Among the 21 industries surveyed, the number of industries with its PMI in the expansion range has increased to 19. The production index and new orders index of high-tech manufacturing industries such as medicine, electrical machinery, computer communication electronic equipment and instruments and apparatus are all higher than 56.0 percent.
"This reflects accelerated unleashing of the capacity of both production and demand in these industries, and also further strengthening of their leading role to the whole manufacturing industry. With notable achievements in the overall planning for COVID-19 prevention and control and economic and social development, China's economic recovery has maintained a positive momentum amid continued stability," said Shi Zhaohui, division chief with the Service Industry Survey Center of the NBS.
The index for new export orders and import in November were 51.5 percent and 50.9 percent respectively, 0.5 and 0.1 percentage point higher than the previous month. The two figures have been in the expansion range for three consecutive months and picked up month by month, which indicated continued recovery of both imports and exports.
The PMIs of enterprises with different scales are above the threshold and have increased compared with the previous month.
"The index of all enterprises rebounded significantly in November, no matter whether they are large enterprises or small and medium-sized businesses. This shows that China's economic recovery is well integrated and synergistic," said Cai Jin.
In addition, companies are also more optimistic about the market outlook. The production and business activities expectation index in November was 60.1 percent, an increase of 0.8 percentage point from the previous month. It was the first time for the index to reach above 60 percent so far this year.
The PMI is an internationally accepted monitoring and early warning indicator for macro-economy with 50 percent as the critical value of economic growth. A reading above 50 indicates expansion, while a reading below reflects contraction.
ID : 8167549
Published : 2020-11-30 10:15
Last Modified : 2020-11-30 19:54:00
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
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