China taps consumption potential to sustain high-quality growth

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

China taps consumption potential to sustain high-quality growth

STORY: China taps consumption potential to sustain high-quality growth SHOOTING TIME: File DATELINE: Jan. 21, 2024 LENGTH: 00:02:15 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China-related footage 2. various of a McKinsey report "China consumption: Start of a new era" STORYLINE: The past few weeks have witnessed the rise to stardom of Harbin, China's "ice city" with a record influx of visitors. Over 3 million visitors flocked to the city during the New Year holidays, and tourism revenue rocketed 791.92 percent to over 5.9 billion yuan (about 820 million U.S. dollars). This wooing of tourists once again shows the huge momentum of domestic consumption in China's huge market. Data show 135 million domestic tourist trips were made in China during the three-day New Year holiday, up 155.3 percent year on year, and tourist revenue surpassed 79.73 billion yuan (about 11.08 billion U.S. dollars). Physical stores across the country are also introducing novel consumption scenarios to at

  • Product Code
  • ILEA002208556
  • Registered date
  • 2024/1/21 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 136.53(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Key road projects launched in Afghanistan's Kabul

    STORY: Key road projects launched in Afghanistan's Kabul SHOOTING TIME: April 29, 2024 DATELINE: April 30, 2024 LENGTH: 00:01:06 LOCATION: Kabul CATEGORY: SOCIETY SHOTLIST: 1. various of the construction site STORYLINE: Afghan caretaker government's Acting Deputy Prime Minister on Economic Affairs Mullah Abdul Ghani Baradar has inaugurated three essential road projects in Afghanistan's capital city of Kabul, the state-run Bakhtar news agency reported. Launched on Saturday and implemented by the Kabul municipality, the projects at a cost of 950 million afghanis (over 13 million U.S. dollars) are intended to reduce the traffic chaos in the city with some 6 million population. The projects would be financed by the revenue of Kabul municipality within 20 months, the deputy prime minister was quoted in the Bakhtar report, adding the administration would spare no effort to create job opportunities for people through development projects across the war-torn country. The Afghan caretaker government has

      Australian scam losses decline in 2023: gov't report

      STORY: Australian scam losses decline in 2023: gov't report SHOOTING TIME: April 29, 2024 DATELINE: April 29, 2024 LENGTH: 00:01:02 LOCATION: Canberra CATEGORY: LAW SHOTLIST: 1. various of Australian federal police station 2. various of Australian banks 3. various of fraud messages 4. various of card payments 5. various of city views of Canberra STORYLINE: Australians lost billions of dollars to a record number of reported scams in 2023, government data has revealed. The Australian Competition and Consumer Commission (ACCC) on Monday published its annual Targeting Scams report, revealing Australians reported over 601,000 scams in 2023, a new record and 18.5 percent increase from 2022. Despite an increase in the number of reported scams, reported losses to scams fell from 3.15 billion Australian dollars (2.06 billion U.S. dollars) in 2022 to 2.74 billion AUD (1.79 billion dollars) in 2023, a decline of 13 percent. It marks the first time since 2016 that scam losses have fallen from the previous

        FM spokesperson refutes western accusation of "overcapacity"

        STORY: FM spokesperson refutes western accusation of "overcapacity" SHOOTING TIME: Recent footage DATELINE: April 28, 2024 LENGTH: 0:01:32 LOCATION: Beijing CATEGORY: POLITICS SHOTLIST: 1. SOUNDBITE (Chinese): WANG WENBIN, Chinese Foreign Ministry spokesperson STORYLINE: Some Western countries have lately been accusing China of "overcapacity," which is baseless hype and China firmly rejects it, a Foreign Ministry spokesperson said on Wednesday. SOUNDBITE (Chinese): WANG WENBIN, Chinese Foreign Ministry spokesperson "China's new energy sector capacity is advanced and much-needed capacity for green development, not 'overcapacity.' China's green technology and products, especially the growth of new energy industry, meet countries' need to address the energy crisis and respond to climate change and will make an important contribution to the global green and low-carbon transition. The rapid growth of China's new energy industry is determined by the laws of economics and market factors, not subsidies. China's n

          China's tiger and leopard park launches new round of habitat restoration operations

          STORY: China's tiger and leopard park launches new round of habitat restoration operations SHOOTING TIME: recent footage DATELINE: April 28, 2024 LENGTH: 00:00:45 LOCATION: CHANGCHUN, China CATEGORY: ENVIRONMENT SHOTLIST: 1. various of rangers conducting habitat restoration operations 2. footage of wild Siberian tigers and Amur leopards STORYLINE: To create a better living environment for wildlife, China's tiger and leopard park has recently launched a new round of habitat restoration operations, mainly targeting the illegal traps set by poachers. The populations of wild Siberian tigers and Amur leopards in northeastern China have seen steady growth, with over 35 cubs born in the past year, according to the Northeast China Tiger and Leopard National Park administration. The administration has monitored the birth of more than 20 tiger cubs and more than 15 leopard cubs in the past year. Their activity area exceeds 1.1 million hectares, accounting for about 78 percent of the park's total area. In October

            Bank of Japan keeps interest rate unchanged, yen sinks below 156

            STORY: Bank of Japan keeps interest rate unchanged, yen sinks below 156 SHOOTING TIME: file DATELINE: April 27, 2024 LENGTH: 00:01:37 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of city view in Tokyo 3. various of fresh food in supermarkets 4. various of city view in Tokyo STORYLINE: The Japanese central bank on Friday maintained its policy rate unchanged after wrapping up its two-day policy meeting, which sent the Japanese yen to its fresh 34-year low past the 156 line. The Bank of Japan (BOJ) decided to guide short-term interest rates in a range of zero and 0.1 percent, a month after it ended the negative interest rate policy in its first rate hike in 17 years. The announcement weakened the country's currency against the U.S. dollar to the lowest level since May 1990, raising the risk of forex intervention by Japanese authorities. The BOJ, which also maintained its policy regarding government bond buying, said the country's core inflation, which excludes volatile

              BMW to further invest 2.8 bln USD in NE China production base

              STORY: BMW to further invest 2.8 bln USD in NE China production base SHOOTING TIME: recent footage DATELINE: April 27, 2024 LENGTH: 0:01:12 LOCATION: SHENYANG, China CATEGORY: ECONOMY SHOTLIST: 1. various of BMW 2. SOUNDBITE (English): OLIVER ZIPSE, Chairman of the Board of Management of BMW AG 3. various of BMW STORYLINE: German carmaker BMW announced on Friday an additional investment of 20 billion yuan (about 2.81 billion U.S. dollars) in its production base in Shenyang, capital of northeast China's Liaoning Province. The carmaker said the investment will be used for upgrading as well as technological innovation of the Dadong plant of BMW Group's joint venture in China, BMW Brilliance Automotive Ltd. (BBA). "The planned investment underlines not only our confidence in China's long-term economic prospects, but also in the innovation capabilities of our Chinese partners," said Oliver Zipse, chairman of the Board of Management of BMW AG, in a speech. SOUNDBITE (English): OLIVER ZIPSE, Chairman of the

                A closer look at China's economic steadiness, vitality and potential

                STORY: A closer look at China's economic steadiness, vitality and potential SHOOTING TIME: Recent footage DATELINE: April 25, 2024 LENGTH: 0:02:41 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of Chinese economy related footage 2. SOUNDBITE 1 (Arabic): DIAA HELMY, Secretary-general, Egyptian-Chinese Chamber of Commerce 3. SOUNDBITE 2 (English): BENJAMIN MGANA, Chief Editor of Foreign News of The Guardian, Tanzania 4. SOUNDBITE 3 (English): BRENDAN AHERN, Chief investment officer with U.S.-based asset management firm Krane Funds Advisors LLC 5. SOUNDBITE 4 (English): XN IRAKI, Kenyan economist 6. SOUNDBITE 5 (English): STEPHEN PERRY, President emeritus of Britain's 48 Group Club STORYLINE: China's economic performance for the first quarter of this year was unveiled. Notably, the National Bureau of Statistics (NBS) reported a 5.3 percent year-on-year GDP increase in Q1, exceeding market projections and surpassing the government's annual target of around 5 percent. The performance is described as

                  Tianjin, Philadelphia celebrate 45th anniversary of sister city ties

                  STORY: Tianjin, Philadelphia celebrate 45th anniversary of sister city ties SHOOTING TIME: April 24, 2024 DATELINE: April 25, 2024 LENGTH: 00:03:19 LOCATION: PHILADELPHIA, U.S. CATEGORY: POLITICS SHOTLIST: 1. various of the Philadelphia City Hall 2. various of the event 3. SOUNDBITE 1 (English): JEZELLE JONES, Philadelphia's City representative 4. various of executive vice mayor of Tianjin Liu Guiping delivering a speech 6. SOUNDBITE 2 (Chinese): LIU GUIPING, Executive vice mayor of Tianjin 10. various of Chinese Consul General in New York Huang Ping delivering a speech 11. SOUNDBITE 3 (Chinese): HUANG PING, Chinese Consul General in New York STORYLINE: Tianjin in north China and Philadelphia on the U.S. East Coast celebrated their 45-year sister city ties Tuesday, vowing to deepen cooperation and exchange in various fields. During a visit to Philadelphia by a Tianjin delegation, officials from both sides exchanged greetings and congratulations. The City Council of Philadelphia has recently passed

                    From Dutch fields to Chinese soil: the blossoming journey of tulips

                    STORY: From Dutch fields to Chinese soil: the blossoming journey of tulips SHOOTING TIME: April 22, 2024 DATELINE: April 24, 2024 LENGTH: 00:01:10 LOCATION: Amsterdam CATEGORY: ECONOMY SHOTLIST: 1. various of tulips 2. various of Jan de Wit en Zonen B.V. 3. SOUNDBITE (English): JAN DE WIT, CEO of Jan de Wit en Zonen B.V. 4. various of China STORYLINE: A Dutch flower wholesaler has expressed deep commitment to the Chinese market, placing strong confidence in the promising growth and opportunities awaiting his business in China. Dubbed as the land of tulips, the Netherlands' annual tulip season runs from mid-March to mid-May. Nestled in one of the country's major tulip-growing regions, Jan de Wit en Zonen B.V. is a century-old family business that has tapped into the markets of China and the Asia region. SOUNDBITE (English): JAN DE WIT, CEO of Jan de Wit en Zonen B.V. "Now we are very happy to have cooperated so many years with our partners in China. When it was in the beginning, we just sent a box of tul

                      Global tourism revenue to total 5.8 tln USD in 2024: report

                      STORY: Global tourism revenue to total 5.8 tln USD in 2024: report SHOOTING TIME: April 23, 2024 DATELINE: April 24, 2024 LENGTH: 00:02:30 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of the conference 2. various of cultural performances STORYLINE: Global tourism revenue is estimated to total 5.8 trillion U.S. dollars in 2024, marking an increase of 139.6 percent over the pre-pandemic level in 2019. The Report on World Tourism Economy Trends (2024) predicted that international tourist arrivals would amount to 13.579 billion in number this year, recovering to 103.9 percent of 2019. The report was released at an international tourism summit held in Wellington, New Zealand. At the same time, the report called for efforts by the global tourism industry to turn challenges into growth opportunities. Factors such as technological advancement and climate change should be proactively incorporated into the reshaping of the industry. The World Tourism Cities Federation Wellington Fragrant H