ILEA001610343: Domestic movies lead market recovery in summer in China

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

Increasing foreign investment in NE China highlights new opportunities

STORY: Increasing foreign investment in NE China highlights new opportunities DATELINE: Oct. 23, 2023 LENGTH: 00:02:41 LOCATION: SHENYANG, China CATEGORY: ECONOMY SHOTLIST: 1. various of the factory 2. SOUNDBITE 1 (Chinese): JIANG HUAISHENG, General manager of Vitesco Automotive Changchun Co., Ltd. 3. various of the factory 4. SOUNDBITE 2 (German): HELMUT STETTNER, CEO, Audi FAW NEV Co., Ltd. 5. various of the factory 6. SOUNDBITE 3 (English): MILAN NEDELJKOVIC, Member of board of management of BMW AG STORYLINE: A slew of multinational corporations have invested or increased their investment in various sectors in northeast China, making the region a hot spot for foreign investment. Vitesco Automotive Changchun Co., Ltd. has invested more than 500 million yuan (about 69.6 million U.S. dollars) in Jilin Province, one of its important production bases, in the past three years. SOUNDBITE 1 (Chinese): JIANG HUAISHENG, General manager of Vitesco Automotive Changchun Co., Ltd. "With the recovery of the Chinese

China's film market embraces premium foreign productions

STORY: China's film market embraces premium foreign productions DATELINE: Oct. 2, 2023 LENGTH: 0:00:41 LOCATION: BEIJING, China CATEGORY: CULTURE SHOTLIST: 1. various of cinemas in China STORYLINE: China's eight-day Mid-Autumn Festival and National Day holiday began on Friday, and the world's second-largest film market is embracing a busy, lucrative moviegoing season. Premium foreign productions like "Oppenheimer" have gained approval from audiences in China. Since its release on Aug. 30, "Oppenheimer" has raked in nearly 430 million yuan (59.9 million U.S. dollars) in box office revenue as of Sunday. Amid the robust post-pandemic recovery of China's film industry, growing numbers of viewers are flocking to cinemas to see high-quality movies in diverse genres that reflect the rich cultural tapestry of the world. Xinhua News Agency correspondents reporting from Beijing. (XHTV)

Japanese enterprise eyes business expansion in China

STORY: Japanese enterprise eyes business expansion in China DATELINE: Sept. 6, 2023 LENGTH: 00:01:39 LOCATION: XIAMEN, China CATEGORY: ECONOMY SHOTLIST: 1. various of Electric Glass (Xiamen) Co., Ltd. 2. SOUNDBITE (Japanese): OHASHI NOBUO, General manager of Electric Glass (Xiamen) Co., Ltd. 3. various of Electric Glass (Xiamen) Co., Ltd. STORYLINE: A Japanese enterprise in Xiamen, east China's Fujian Province, has voiced confidence in China's economic outlook and continued to expand business investment in the country. SOUNDBITE (Japanese): OHASHI NOBUO, General manager of Electric Glass (Xiamen) Co., Ltd. "Our company is currently stepping up the Phase V project, which is planned to start operation next year. We will invest about 500 million yuan (68.5 million U.S. dollars), and after completion, the output value will increase accordingly. Now, about 70 percent of display devices are manufactured in China. In the future, China's market will continue to expand, so we are also optimistic about the Chinese

Milestone Chinese summer box office earnings inject confidence, mirror quality advances

STORY: Milestone Chinese summer box office earnings inject confidence, mirror quality advances DATELINE: Aug. 27, 2023 LENGTH: 00:01:50 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of cinema 2. SOUNDBITE 1 (Chinese): ZHANG XIAOQIAN, Moviegoer 3. SOUNDBITE 2 (Chinese): WEI ERGE, Moviegoer 4. SOUNDBITE 3 (Chinese): HUANG JIEYU, Moviegoer 5. SOUNDBITE 4 (Chinese): LU SHAN, General manager of Poly International Cinema Shenyang K11 store STORYLINE: China has witnessed a movie frenzy this summer. Official data show that China's box office revenue for the 2023 summer movie season had exceeded 20 billion yuan (about 2.78 billion U.S. dollars) as of 10 p.m. on Saturday, setting a new record. China's summer movie season runs from the beginning of June to the end of August. Domestic movies are more popular among moviegoers across the country. The top five positions on China's 2023 summer box office chart are held exclusively by domestic productions. The suspense thriller "Lost in the Stars" leads the

Domestic movies lead strong film market recovery in China

STORY: Domestic movies lead strong film market recovery in China DATELINE: July 31, 2023 LENGTH: 00:02:03 LOCATION: Beijing CATEGORY: CULTURE/ECONOMY SHOTLIST: 1. various of summer movie season related footage 2. SOUNDBITE 1 (Chinese): ZHANG XIAOQIAN, Moviegoer 3. SOUNDBITE 2 (Chinese): WU CHAOFENG, Deputy general manager of Shanghai Jiading Cinema 4. SOUNDBITE 3 (Chinese): HUANG JIEYU, Moviegoer 5. SOUNDBITE 4 (Chinese): ZHANG LINGFENG, Manager of Guiyang Cross Cinema STORYLINE: China's box office for the summer movie season, which runs from June 1 to Aug. 31, is blossoming, with the revenue exceeding 12.6 billion yuan (about 1.76 billion U.S. dollars) as of Sunday. The figure was boosted by the roaring commercial success of domestic blockbusters like "Creation of the Gods I: Kingdom of Storms" and "Chang An," which are popular options for moviegoers. SOUNDBITE 1 (Chinese): ZHANG XIAOQIAN, Moviegoer "I prefer domestic movies, for example, 'Creation of the Gods I: Kingdom of Storms.' It's a classic work

China's foreign trade in goods up 2.1 pct in H1

STORY: China's foreign trade in goods up 2.1 pct in H1 DATELINE: July 13, 2023 LENGTH: 00:01:35 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference 2. SOUNDBITE (Chinese): LYU DALIANG, Director of statistics and analysis department of General Administration of Customs STORYLINE: China's customs data showed Thursday that the country's total goods imports and exports expanded 2.1 percent year on year in yuan terms in the first half of 2023. According to the General Administration of Customs, China saw goods imports and exports exceeding 20 trillion yuan (about 2.8 trillion U.S. dollars) for the first time in the January-June period. SOUNDBITE (Chinese): LYU DALIANG, Director of statistics and analysis department of General Administration of Customs "According to the General Administration of Customs, in the first half of this year, China's foreign trade in goods totaled 20.1 trillion yuan, up 2.1 percent year on year. Exports grew 3.7 percent year on year to 11.46 trillion yua

Chinese local gov'ts see steady fiscal revenue growth, sending positive signs

STORY: Chinese local gov'ts see steady fiscal revenue growth, sending positive signs DATELINE: June 6, 2023 LENGTH: 00:01:52 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE 1 (Chinese): PUAH TZE SHYANG, CEO, CapitaLand Investment (China) 3. SOUNDBITE 2 (English): MAURO DE FELIP, General manager, Ferrero China STORYLINE: According to China's Ministry of Finance, the country's fiscal revenue maintained steady growth momentum in the first four months of this year. From January to April, the fiscal revenue expanded 11.9 percent year on year to nearly 8.32 trillion yuan (about 1.19 trillion U.S. dollars). During the period, the central government collected around 3.76 trillion yuan in fiscal revenue, up 8.6 percent, and local governments collected over 4.56 trillion yuan, surging 14.8 percent. The ministry said that the increase was partly driven by China's continued economic recovery. Foreign business leaders have expressed confidence in the Chinese economy, believing the

China's foreign trade sustains stable growth despite challenges

STORY: China's foreign trade sustains stable growth despite challenges DATELINE: May 9, 2023 LENGTH: 00:02:35 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1.various of China 2. SOUNDBITE 1 (Chinese): WANG JUNHAO, President of Juneyao Group 3. SOUNDBITE 2 (Chinese): LI RONGHAI, General manager, Hongkang Sports Equipment Co. Ltd. 4. SOUNDBITE 3(English): KRISHNA SRINIVASAN, Director of IMF's Asia and Pacific Department 5. SOUNDBITE 4(Arabic): KARIM ADEL, Head of Cairo-based Al Adl Center for Economic and Strategic Studies STORYLINE: China's General Administration of Customs announced on Tuesday that the country's total imports and exports expanded 5.8 percent year on year to 13.32 trillion yuan in the first four months of this year. Exports grew 10.6 percent year on year while imports rose 0.02 percent in the first four months. In U.S. dollar terms, total foreign trade came in at 1.94 trillion U.S. dollars in the period, down 1.9 percent year on year. China's foreign trade businesses have seen a surge in

New China-Europe freight train route links north China city with Tashkent

STORY: New China-Europe freight train route links north China city with Tashkent DATELINE: April 29, 2023 LENGTH: 0:01:08 LOCATION: SHIJIAZHUANG, China CATEGORY: ECONOMY SHOTLIST: 1. various of the freight train 2. SOUNDBITE 1 (Chinese): LI MING, General manager of Tianjin Branch of Shanghai Feilida International Logistics Co., Ltd. 3. SOUNDBITE 2 (Chinese): CHU YIXIAO, General manager of Taitong International Transport Co., Ltd. STORYLINE: A freight train left Langfang City in north China's Hebei Province on Friday morning, bound for Tashkent, the capital of Uzbekistan, marking the opening of a new China-Europe freight train route. The train will complete a journey of approximately 6,000 kilometers, leaving China via the Horgos Pass in Xinjiang, passing through Kazakhstan and finally arriving at its destination 15 days after its departure. The train is carrying more than 1,400 tonnes of goods, with a total value of over 14.5 million yuan (about 2.09 million U.S. dollars). The cargo includes cotton goods

Domestic movies lead market recovery in summer in China

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