Chinese New Year recovery shows resilience of economy, say analysts

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Chinese New Year recovery shows resilience of economy, say analysts

STORY: Chinese New Year recovery shows resilience of economy, say analysts DATELINE: Jan. 31, 2023 LENGTH: 00:01:29 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of Chinese tourists and consumption 2. SOUNDBITE 1 (Turkish): BARIS DOSTER, Academic at Marmara University, Istanbul 3. various of Chinese tourists 4. SOUNDBITE 2 (English): FAHEEM SARDAR, Senior policy specialist, National Security Division of Prime Minister's Office of Government of Pakistan 5. various of Chinese tourists STORYLINE: A rebound in travel and consumption during the Spring Festival holiday illustrates the resilience of the Chinese economy and supports forecasts of a further recovery, according to analysts. In a written interview with Xinhua, consumer analyst Bobby Verghese at the data analytics and consulting company GlobalData said that "The global consumer goods industry has its eyes on the Chinese Spring Festival 2023 -- the acid test for the Chinese consumption engine." Official statistics showed about 308 million d

  • Product Code
  • ILEA001234580
  • Registered date
  • 2023/1/31 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 92.89(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Chinese economy off to robust start as recovery gains traction

    STORY: Chinese economy off to robust start as recovery gains traction SHOOTING TIME: recent DATELINE: March 18, 2024 LENGTH: 00:01:07 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the views of production in China 2. SOUNDBITE (Chinese): LIU AIHUA, NBS spokesperson STORYLINE: China's major economic indicators unveiled Monday demonstrated that the country's economic performance continued to improve in the first two months of the year. According to the National Bureau of Statistics (NBS), China's retail sales of consumer goods, a major indicator of the country's consumption strength, climbed 5.5 percent year on year in the first two months of 2024. The value-added industrial output rose 7 percent year on year during the January-February period, accelerating from a rise of 6.8 percent registered in December 2023. Fixed-asset investment grew 4.2 percent year on year, quickening from an increase of 3 percent recorded in 2023. SOUNDBITE (Chinese): LIU AIHUA, NBS spokesperson "Although the environ

      China cashes in on vibrant Spring Festival holiday consumption

      STORY: China cashes in on vibrant Spring Festival holiday consumption SHOOTING TIME: Feb. 10-Feb. 17 DATELINE: Feb. 18, 2024 LENGTH: 00:01:27 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the views in China 2. SOUNDBITE 1 (Chinese): LI XIAOCHUN, Staff member at Wuyi Mountain scenic area 3. SOUNDBITE 2 (Chinese): SUN FUXIA, General manager of Heihe Tutu Travel Agency 4. SOUNDBITE 3 (Chinese): LU SHAN, Staff member at Poly International Cinema STORYLINE: Chinese consumers have again shown their huge spending potential during the eight-day Spring Festival holiday that ended Saturday. According to the data from the Ministry of Culture and Tourism, some 474 million domestic trips were made in the period, up 34.3 percent from the Spring Festival holiday last year. Domestic tourists have spent about 632.69 billion yuan (about 87.95 billion U.S. dollars), up 47.3 percent from the holiday last year. SOUNDBITE 1 (Chinese): LI XIAOCHUN, Staff member at Wuyi Mountain scenic area "The Wuyi Mountain scen

        Chinese economy beats 2023 growth targets with GDP reaching new level

        STORY: Chinese economy beats 2023 growth targets with GDP reaching new level SHOOTING TIME: Jan. 16, 2024/file DATELINE: Jan. 17, 2024 LENGTH: 00:01:47 LOCATION: BEIJING/SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE 1 (English): ZHOU HAO, Chief Economist, Guotai Junan Securities Co., Ltd. 3. various of China 4. SOUNDBITE 2 (English): JEROME GRAY, President Global Marketing Premium Chocolate, Ferrero STORYLINE: China's gross domestic product (GDP) posted a growth of 5.2 percent year on year in 2023, higher than the annual target of around 5 percent, data from the National Bureau of Statistics (NBS) showed Wednesday. The country's GDP reached a record of 126.06 trillion yuan (about 17.71 trillion U.S. dollars) in 2023. SOUNDBITE 1 (English): ZHOU HAO, Chief Economist, Guotai Junan Securities Co., Ltd. "The year of 2023 is important for the Chinese economy. We see that the overall consumption has been leading the economic recovery since Q1 in 2023. In the meantime, the invest

          China expects record-breaking Spring Festival travel rush

          STORY: China expects record-breaking Spring Festival travel rush SHOOTING TIME: file, recent footage DATELINE: Jan. 12, 2024 LENGTH: 00:01:47 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of trains and passengers (file) 2. SOUNDBITE (Chinese): CHI JINGYANG, Official with China's National Immigration Administration (recent footage) 3. various of inbound and outbound passengers (recent footage) 4. various of planes (recent footage) STORYLINE: China is gearing up for an exceptional travel season. Travel authorities and tourism industry players are expecting record-breaking journey numbers during the upcoming Spring Festival, adding new steam to the country's economic recovery. The Spring Festival, which falls on Feb. 10 this year, is China's biggest festival for family reunions. It will serve as an important window for observing vitality and consumer confidence levels in the world's second-largest economy. A surge of both inbound and outbound travelers is also expected. SOUNDBITE (Chinese)

            Holiday consumption boom mirrors Chinese economy's vitality, potential

            STORY: Holiday consumption boom mirrors Chinese economy's vitality, potential DATELINE: Oct. 6, 2023 LENGTH: 00:02:23 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of tourists 2. SOUNDBITE 1 (Chinese) SHEN YILIANG, Official with Yanguan Scenic Spot in Haining, Zhejiang 3. SOUNDBITE 2 (Chinese) LYU SHU, Visitor 4. various of tourists 5. SOUNDBITE 3 (Chinese): ZHANG NA, Restaurant owner at Wudadao area in Tianjin 6. SOUNDBITE 4 (Chinese): WEI YIJI, Restaurant owner at Wudadao area in Tianjin STORYLINE: Chinese residents' fervor for travel and leisure over the eight-day Mid-Autumn Festival and National Day holiday has reflected the country's strong consumption demand. From top domestic destinations, including Beijing, Shanghai, Chengdu, and Hangzhou, to cities in the northwest like Urumqi in Xinjiang, known for their scenic autumn landscapes, resorts across the country were flooded by visitors during the holiday. Latest data show that more than 52 million trips were made by rail, highway, wate

              China's 8-day National Day holiday sparks travel, consumption frenzy

              STORY: China's 8-day National Day holiday sparks travel, consumption frenzy DATELINE: Sept. 30, 2023 LENGTH: 00:02:09 LOCATION: Beijing CATEGORY: SOCIETY SHOTLIST: 1. various of travelers in China 2. various of tourists in Jingdezhen, Jiangxi Province 3. SOUNDBITE 1 (Chinese): Tourist 4. SOUNDBITE 2 (Chinese): Tourist 5. various of tourists in Yanji, Jilin Province 6. SOUNDBITE 3 (Chinese): LU ZIYU, Owner of a photography studio in Yanji 7. various of tourists in Mount Tai, Shandong Province 8. various of travelers in China STORYLINE: China is embracing a travel boom over the Mid-Autumn Festival and National Day holiday, as the world's second-largest economy continues to unleash consumer potential. This year's holiday began with the Mid-Autumn Festival on Friday and also includes the Oct. 1 National Day. The public holidays end on Oct. 6. Cultural travel has been a top choice for many Chinese. In Jingdezhen, a "porcelain capital" in Jiangxi Province, tourists are flocking here to experience the rich hist

                China's economic growth defies Western naysayers

                STORY: China's economic growth defies Western naysayers DATELINE: Sept. 20, 2023 LENGTH: 00:03:19 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of street views in China 2. SOUNDBITE 1 (English): HARLEY SEYEDIN, President of American Chamber of Commerce in South China 3. various of street views in China 4. SOUNDBITE 2 (English): BENOIT BAZIN, CEO of Saint-Gobain Group 5. SOUNDBITE 3 (English): WALTER BENZ, President of Big Dutchman China 6. various of industries in China 7. SOUNDBITE 4 (English): NIREN ANAND, Indian businessman 8. SOUNDBITE 5 (English): CARL FEY, Professor, BI Norwegian Business School STORYLINE: Data from the National Bureau of Statistics showed Friday that China's retail sales of consumer goods, a major indicator of consumption strength, went up 4.6 percent year on year in August, 2.1 percentage points faster than the previous month. When some in the West once again bad-mouthed China's economy, international observers say otherwise. Seeing the rosy picture of the country's

                  China rolls out measures to boost economic recovery, confidence

                  STORY: China rolls out measures to boost economic recovery, confidence DATELINE: Aug. 4, 2023 LENGTH: 00:02:05 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (Chinese): GU QINGYANG, Associate Professor, Lee Kuan Yew School of Public Policy of National University of Singapore 2. SOUNDBITE 2 (Chinese): WANG PULIN, Brand manager of SAIC-GM-Wuling 3. SOUNDBITE 3 (English): DETLEF KRATZ, President of group research at German chemical giant BASF 4. SOUNDBITE 4 (English): COREY LINDLEY, CEO of doTERRA 5. SOUNDBITE 5 (English): BENOIT BAZIN, CEO of Saint-Gobain Group STORYLINE: China has been actively bolstering the recovery of its economy, with efforts including an array of recent policies and measures to spur the growth of the private sector, consumption, and investment. The Chinese economy has been steadily recovering, reaping a 5.5 percent growth in the first half of this year, which is higher than that of the world's major economies. SOUNDBITE 1 (Chinese): GU QINGYANG, Associate Professor, Lee

                    China's economic recovery continues with promising outlook

                    STORY: China's economic recovery continues with promising outlook DATELINE: July 21, 2023 LENGTH: 00:01:57 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China-related footage 2. SOUNDBITE 1 (Chinese): LI HUI, Senior official with the National Development and Reform Commission 3. SOUNDBITE 2 (Chinese): FU LINGHUI, Spokesperson of the National Bureau of Statistics 4. SOUNDBITE 3 (English): FOO SUAN YONG, Senior economist of ASEAN +3 Macroeconomic Research Office 5. SOUNDBITE 4 (English): DETLEF KRATZ, President of group research at German chemical giant BASF 6. SOUNDBITE 5 (English): BENOIT BAZIN, CEO, Saint-Gobain Group STORYLINE: Despite external challenges, the Chinese economy has shown remarkable improvement and performance this year, instilling confidence in its development prospects. The economic data for the first half of 2023 reflects this positive trend, with China's gross domestic product (GDP) reaping year-on-year growth of 5.5 percent. Government officials say China's economy has

                      Chinese economy sees hard-won recovery in H1 amid global downturn

                      STORY: Chinese economy sees hard-won recovery in H1 amid global downturn DATELINE: July 19, 2023 LENGTH: 00:01:11 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the views in China 2. SOUNDBITE 1 (English): FOO SUAN YONG, Senior economist of ASEAN +3 Macroeconomic Research Office 3. SOUNDBITE 2 (English): ESWAR PRASAD, Professor of trade policy at Cornell University 4. SOUNDBITE 3 (Japanese): KATSUYUKI HASEGAWA, Professor of international economics and finance at Tokyo Woman's Christian University 5. SOUNDBITE 4 (English): AMER ZAFAR DURRANI, President of Reenergia, Social impact advisory group in Pakistan 6. SOUNDBITE 5 (English): THANAWAT TIENSIN, Director of Animal Production and Health Division, United Nations Food and Agriculture Organization (FAO) 7. SOUNDBITE 6 (English): MICHEL TAUBE, Founder of Opinion-Internationale and its column Les routes de la Chine STORYLINE: International experts have spoken highly of China's economic performance in the first half (H1) of this year. Despite var