PBOC official expects China's CPI close to 1 pct at year end

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

PBOC official expects China's CPI close to 1 pct at year end

STORY: PBOC official expects China's CPI close to 1 pct at year end DATELINE: July 14, 2023 LENGTH: 00:00:54 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference 2. SOUNDBITE (Chinese/English interpretation): LIU GUOQIANG, Deputy governor, People's Bank of China STORYLINE: China's consumer price index (CPI) will see a U-shaped trajectory this year and will be close to 1 percent at the end of 2023, a central bank official said on Friday. SOUNDBITE (Chinese/English interpretation): LIU GUOQIANG, Deputy governor, People's Bank of China "Against the backdrop of high inflation around the world, China's prices have remained generally stable. This year, China's CPI saw some decreases, but China is not in a period of contraction. We believe that in July, CPI might continue to drop, but that's mainly attributable to a time lag in the recovery of demand and the base figure of last year. This is a temporary phenomenon in the recovery of the economic circulation. China's M2 monetary supply

  • Product Code
  • ILEA001527074
  • Registered date
  • 2023/7/15 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 56.71(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Rescue teams rush to transfer flood-stranded residents in China's Guilin

    STORY: Rescue teams rush to transfer flood-stranded residents in China's Guilin SHOOTING TIME: June 20, 2024 DATELINE: June 21, 2024 LENGTH: 0:01:35 LOCATION: GUILIN, China CATEGORY: SOCIETY/ENVIRONMENT SHOTLIST: 1. various of Guilin 2. STANDUP (English): TIAN ZIJUN, Xinhua correspondent 3. SOUNDBITE 1 (Chinese): LIU HONGLIN, Party chief of Nanxishan Hospital 4. SOUNDBITE 2 (Chinese): QIU YONGPING, Deputy head of Guilin Detachment of Guangxi Armed Police Force STORYLINE: STANDUP (English): TIAN ZIJUN, Xinhua correspondent "In the past several days, heavy downpour has caused severe water logging in many parts of the city of Guilin in south China's Guangxi. Yesterday (June 19), about 500 people were stranded in Nanxishan Hospital as the entire first floor of the inpatient department was submerged underwater. The hospital first took immediate action to relocate those affected to the building's second floor and above before emergency response teams arrived at the scene and helped transfer all those stranded to

      Chinese investment strongly promotes Namibia's economic development: minister

      STORY: Chinese investment strongly promotes Namibia's economic development: minister SHOOTING TIME: June 18, 2024 DATELINE: June 20, 2024 LENGTH: 00:02:24 LOCATION: Windhoek CATEGORY: ECONOMY SHOTLIST: 1. various of the launch of Rossing's 2023 Sustainability and Performance Report 2. SOUNDBITE (English): TOM ALWEENDO, Namibia's Minister of Mines and Energy 3. various of the event STORYLINE: Namibia's mining industry is one of the largest contributors to the country's economy, with Chinese investment playing a significant role in the development of the uranium mining sector, Minister of Mines and Energy Tom Alweendo has said. In 2023, the mining sector contributed up to 14.4 percent of Namibia's gross domestic product, Alweendo said Tuesday at a press conference held in Windhoek, the capital of Namibia. He noted that Chinese investment has been instrumental in establishing Namibia as one of the world's largest producers of uranium. "I am honored to be here today to recognize the Rossing uranium min

        China's Juncao technology helps PNG people improve livelihood: former official

        STORY: China's Juncao technology helps PNG people improve livelihood: former official SHOOTING TIME: June 16, 2024 DATELINE: June 18, 2024 LENGTH: 00:01:45 LOCATION: FUZHOU, China CATEGORY: TECHNOLOGY/ECONOMY SHOTLIST: 1. various of the meeting 2. various of Juncao 3. SOUNDBITE (English): PETI LAFANAMA, Former governor of Papua New Guinea's Eastern Highlands Province STORYLINE: The 19th International Conference on Juncao Industry Development was held in Fuzhou, east China's Fujian Province on Sunday. Over 71 representatives from 19 countries and regions and more than 200 Chinese experts, scholars, and business representatives attended the meeting. Juncao, which in Chinese literally means "mushroom" and "grass," can be used to grow edible and medicinal mushrooms, as livestock feed or as a green barrier to control soil erosion. Having taken root in over 100 countries and regions, Juncao has been hailed by the locals as "the grass of happiness." SOUNDBITE (English): PETI LAFANAMA, Former governor of Papua

          Chinese economy extends upward trend amid policies to prop up growth

          STORY: Chinese economy extends upward trend amid policies to prop up growth SHOOTING TIME: June 17, 2024 & File DATELINE: June 17, 2024 LENGTH: 00:01:22 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE (Chinese): LIU AIHUA, National Bureau of Statistics (NBS) spokesperson 3. various of workers sorting packages 4. various of construction sites 5. various of cars STORYLINE: The Chinese economy extended an upward recovery trend in May, as shown by faster consumption growth and steady expansion in industrial production, latest government data showed. Important economic indicators rebounded during the month amid government measures to prop up growth and promote high-quality development, the National Bureau of Statistics (NBS) spokesperson Liu Aihua said at a press conference in Beijing on Monday. SOUNDBITE (Chinese): LIU AIHUA, National Bureau of Statistics (NBS) spokesperson "Driven by such factors as macroeconomic policies taking effects, improving external demand and the May D

            China, Myanmar sign agreement on cooperation projects of LMC special fund 2024

            STORY: China, Myanmar sign agreement on cooperation projects of LMC special fund 2024 SHOOTING TIME: June 14, 2024 DATELINE: June 15, 2024 LENGTH: 00:03:51 LOCATION: Nay Pyi Taw CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of the signing ceremony 2. SOUNDBITE 1 (English): CHEN HAI, Chinese Ambassador to Myanmar 3. SOUNDBITE 2 (English): U THAN SWE, Myanmar's Deputy Prime Minister, Union Minister for Foreign Affairs STORYLINE: Chinese Ambassador to Myanmar Chen Hai and Myanmar's Deputy Minister for Foreign Affairs U Lwin Oo signed here on Friday an agreement on cooperation projects of Lancang-Mekong Cooperation (LMC) Special Fund 2024. The agreement was signed to mark the 74th anniversary of establishment of diplomatic ties between Myanmar and China. The signing of the agreement was an important measure to implement consensus reached by the fourth LMC leaders' meeting, and also demonstrated friendly relations between China and Myanmar over the past 74 years, Chen said at the signing ceremony. SOUNDBIT

              Why EU's tariff hikes on Chinese EVs are unjustified

              STORY: Why EU's tariff hikes on Chinese EVs are unjustified SHOOTING TIME: File DATELINE: June 15, 2024 LENGTH: 00:04:02 LOCATION: Beijing CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of the European Commission Berlaymont building 2. STANDUP (English): LIU YUTIAN, Xinhua correspondent STORYLINE: The European Commission (EC) has unveiled its plan to levy provisional additional tariffs of up to 38.1 percent on Chinese-made electric vehicles (EVs). The move is founded on unsubstantiated claims, sparking serious concerns over trade protectionism and the application of double standards. The tariff hikes came eight months after the EC self-initiated an anti-subsidy investigation into battery electric vehicles imported from China. The move was prompted by the EC's accusations that China was "flooding" the bloc with cheaper electric vehicles as a result of "overproduction," which the EC attributed to significant state subsidies in China. However, the rationale justifying the tariff increase seems far from c

                U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct as inflation cools

                STORY: U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct as inflation cools SHOOTING TIME: June 12, 2024 DATELINE: June 13, 2024 LENGTH: 00:01:26 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference STORYLINE: The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as the latest consumer price data shows that inflation seems to be cooling. In a statement after the two-day policy meeting, the Federal Open Market Committee (FOMC), the Fed's policy-setting body, reiterated that the committee does not expect it will be appropriate to reduce the target range "until it has gained greater confidence that inflation is moving sustainably toward 2 percent." In addition, the committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities, the FOMC said. The Fed's announcement came just a few hours after the U.S. Labor Department reported that the

                  World Bank cuts 2024 growth forecast for Japan

                  STORY: World Bank cuts 2024 growth forecast for Japan SHOOTING TIME: Recent footage DATELINE: June 13, 2024 LENGTH: 00:01:06 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo STORYLINE: The World Bank has cut its economic growth forecast for Japan for 2024 to 0.7 percent from 0.9 percent, while lifting the global growth outlook for the year to 2.6 percent from 2.4 percent, local media reported. The Japan growth forecast fell 0.2 percentage point from the previous estimate in January due to sluggish consumption growth and slowing exports, as well as a halt in growth in demand from foreign tourists, Jiji Press said Tuesday, citing the World Bank's latest Global Economic Prospects report. Japan's economic growth is projected to rise to 1.0 percent in 2025, as consumption is expected to improve moderately, it added. Meanwhile, the global economy would avoid a third consecutive drop in real GDP growth since a major post-pandemic jump in 2021, with 2024 growth stabilizin

                    German mechanical engineering industry expects increased cooperation with China

                    STORY: German mechanical engineering industry expects increased cooperation with China SHOOTING TIME: June 4, 2024 DATELINE: June 9, 2024 LENGTH: 00:01:21 LOCATION: SHANGHAI, China CATEGORY: ECONOMY/TECHNOLOGY SHOTLIST: 1. various of the VDMA industry conference 2. SOUNDBITE 1 (English): CLAUDIA BARKOWSKY, Chief Representative, VDMA Beijing Representative Office 3. SOUNDBITE 2 (Chinese): HU XIAOPING, Vice President of Flexiv 4. SOUNDBITE 3 (English): DANIEL YOO, Chief Representative of VDMA Shanghai STORYLINE: Representatives from the German Machinery and Equipment Association (VDMA) expressed hope for increased cooperation with China. The VDMA industry conference was recently held in Shanghai, bringing together over 400 experts, corporate executives, and technical personnel from the global manufacturing industry. SOUNDBITE 1 (English): CLAUDIA BARKOWSKY, Chief Representative, VDMA Beijing Representative Office "VDMA is a German machinery industry association located in Germany with over 3,600 member com

                      Electric cars future for green Earth: Slovak business leader

                      STORY: Electric cars future for green Earth: Slovak business leader SHOOTING TIME: June 4, 2024 DATELINE: June 5, 2024 LENGTH: 00:02:08 LOCATION: Bratislava CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (English): PAVOL ANTALIC, Chairman of Slovak-Chinese Joint Business Council STORYLINE: In a recent interview with Xinhua, Pavol Antalic, chairman of the Slovak-Chinese Joint Business Council, said that electric cars are the future of the world for a green Earth. SOUNDBITE (English): PAVOL ANTALIC, Chairman of Slovak-Chinese Joint Business Council "I am very interested in China's electric cars. Last 15 years, I have visited all exhibitions in Shanghai or Beijing. Because every day, every year, it changes. China's electric cars are very good and technical. It's excellent. Local customers are very interested in Chinese EV cars. For batteries, China has very famous factories. CATL is now building a big factory in Hungary and delivering batteries to BMW, Mercedes, Audi and Volkswagen. And Slovakia also prepared one