Reform should address market's practical concerns

In November, the manufacturing purchasing managers' index rose by 0.2 percentage points from the previous month to 50.3, a rise for the third consecutive month and reaching a seven-month high.

The package of incremental policies launched since the end of September has gradually realized its intended effects, with major indicators related to industry, services, consumption and investment recovering at the same time.

Notably, as the manufacturing PMI indicates, both the supply and demand sides of the manufacturing industry have accelerated expansion, and small and medium-sized enterprises have also seen a long-awaited continuous recovery.