World Bank Vice President confident in China's robust recovery

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World Bank Vice President confident in China's robust recovery

STORY: World Bank vice president confident in China's robust recovery DATELINE: March 26, 2023 LENGTH: 00:01:19 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of views in China 2. SOUNDBITE (English): MANUELA V. FERRO, World Bank Vice President for East Asia and Pacific STORYLINE: On the sidelines of the ongoing China Development Forum 2023 held in Beijing, a senior World Bank official said that China is undergoing a robust recovery with the reopening from the COVID-19 pandemic. Manuela V. Ferro, World Bank Vice President for East Asia and Pacific, also expressed confidence in China's potential to achieve quality growth. SOUNDBITE (English): MANUELA V. FERRO, World Bank Vice President for East Asia and Pacific "I think China is undergoing a robust recovery with the reopening from the COVID pandemic. We see economic activity rebounding, especially in the services sector, which is more contact intensive. So we are pretty confident that China's growth will be around 5 percent this year. In the las

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