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China: China's non-manufacturing PMI at 50.2 in December amid market optimism
Shotlist FILE: Beijing, China - Date Unknown 1. Aerial shots of city view Beijing, China - Dec 31, 2025 2. SOUNDBITE (Chinese) Huo Lihui, director, Business Climate Survey Division, Service Survey Center, National Bureau of Statistics (ending with shots 3-4): "This month, the business activity index for the service sector saw a slight rebound, while the business activity index for the construction sector also returned to the expansion range, indicating a noticeable recovery in business climate." FILE: China - Date Unknown 3. Various of construction sites 4. Various of workers at construction sites 5. Various of consumers, vendors at farmer's market, supermarket Beijing, China - Dec 31, 2025 6. SOUNDBITE (Chinese) He Hui, vice chairman of the China Federation of Logistics and Purchasing (ending with shots 7-9): "The expectations index has risen for three consecutive months, maintaining a healthy level above 56 percent, reflecting a notable rebound in market confidence." China - Recent 7. Various of people at shopping mall, electronic products for sale 8. Various of tourists, river, buildings, bridge, mountains, trees 9. City view at night 10. Various of city view 11. Home appliances store 12. Consumer at clothes store 13. Tourists 14. Various of skiers Storyline China's non-manufacturing sector saw its purchasing managers' index (PMI) return to expansionary territory in December, reflecting improved optimism among service providers and construction firms, official data showed Wednesday. Non-manufacturing PMI came in at 50.2 in December, up 0.7 percentage points from the previous month, according to the National Bureau of Statistics (NBS). A reading above 50 indicates expansion, while a reading below 50 reflects contraction. The sub-index for business activity in the service sector stood at 49.7 in December, edging up 0.2 percentage points from November, signaling a modest recovery in sector vitality. By sector, industries including telecommunications and broadcasting, monetary and financial services, and capital market services all recorded readings above 60, indicating strong growth in business activity. Sectors including retail and catering remained in contraction territory. The business expectation index for the service sector remained relatively high at 56.4 in December, up 0.5 percentage points from the previous month, pointing to growing confidence among service enterprises about future market prospects. Meanwhile, the construction sector displayed a clear recovery. Its business activity index rose to 52.8 in December, up 3.2 percentage points from November, buoyed by factors such as warmer-than-usual temperatures in some southern regions and accelerated construction progress ahead of the New Year and Spring Festival holidays. The business expectation index for construction stood at 57.4, remaining in high-expansion territory and reflecting continued optimism in the industry. "This month, the business activity index for the service sector saw a slight rebound, while the business activity index for the construction sector also returned to the expansion range, indicating a noticeable recovery in business climate," said Huo Lihui, director of the Business Climate Survey Division of the NBS Service Survey Center. Driven by favorable supply and demand, market expectations among enterprises continued to strengthen. The business activity expectations index reached 56.5 percent, up 0.3 percentage points from the previous month. "The expectations index has risen for three consecutive months, maintaining a healthy level above 56 percent, reflecting a notable rebound in market confidence," said He Hui, vice chairman of the China Federation of Logistics and Purchasing (CFLP). Separately, the NBS reported that China's manufacturing PMI stood at 50.1 in December, up 0.9 percentage points from November. [Restrictions: No access Chinese mainland]
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