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

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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 18, 2023 LENGTH: 00:01:48 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the views in China 2. SOUNDBITE 1 (Chinese): FU LINGHUI, NBS spokesperson 3. various of the views in China 4. SOUNDBITE 2 (Chinese): LIU YUANCHUN, President of Shanghai University of Finance and Economics STORYLINE: China's economic performance in the first half (H1) of 2023 showed signs of recovery in the face of various challenges, according to guest speakers at the China Economic Roundtable hosted by Xinhua. Data from the National Bureau of Statistics (NBS) showed Monday that China's gross domestic product (GDP) grew 5.5 percent year on year in the first half of this year. The NBS spokesperson Fu Linghui said the economic growth had significantly accelerated compared with that of last year, which is quite remarkable given the global economic fluctuations and downturns. He said, in the January-June period, the production supply

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