ILEA002665407: INDONESIA-JAKARTA-ECONOMIC GROWTH-1ST QUARTER-UP

China's remarkable economic transformation offers new opportunities for global growth: experts

STORY: China's remarkable economic transformation offers new opportunities for global growth: experts SHOOTING TIME: May 15, 2024 DATELINE: May 17, 2024 LENGTH: 00:01:12 LOCATION: Islamabad CATEGORY: ECONOMY SHOTLIST: 1. various of the seminar "Transformation of China's Economy to Quality Growth Model: Opportunities for Pakistan" 2. SOUNDBITE (English): JALIL ABBAS JILANI, Former Pakistani Foreign Minister 3. various of views in China 4. various of projects of China-Pakistan Economic Corridor (CPEC) STORYLINE: At a seminar held in Islamabad, Pakistan on Wednesday, experts said China's remarkable economic and social transformation over the past few decades has offered new opportunities for global growth. The seminar was titled "Transformation of China's Economy to Quality Growth Model: Opportunities for Pakistan." Talking to Xinhua on the sidelines of the event, former Pakistani Foreign Minister Jalil Abbas Jilani said China sets an example of rapid modernization with valuable lessons for countries like P

Italian youth population declining as number of elderly grows

STORY: Italian youth population declining as number of elderly grows SHOOTING TIME: May 15, 2024 DATELINE: May 16, 2024 LENGTH: 0:00:46 LOCATION: Rome CATEGORY: SOCIETY SHOTLIST: 1. various of street views in Italy STORYLINE: The number of young adults in Italy has declined sharply in the last two decades, while the number of elderly people in the country has grown, government data released Wednesday shows. Italy's National Institute of Statistics (ISTAT) said in its 2024 Annual Report that an increasing number of those in the youngest demographic continue to live at home with their parents, and Italians are also getting married and having children later in life. The number of young adults in Italy -- defined as people between the ages of 18 and 34 -- fell by more than 3 million in the 21-year span ending last year, ISTAT reported. Over that time, the number of young adults declined to 10.33 million compared to 13.39 million in 2002, a decrease of 22.9 percent. In contrast, the number of elderly people

Japan's economy contracts annualized 2 pct in January-March

STORY: Japan's economy contracts annualized 2 pct in January-March SHOOTING TIME: April 30 & May 4, 2024 DATELINE: May 16, 2024 LENGTH: 00:02:42 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo 2. various of banks in Tokyo STORYLINE: Japan's economy shrank by an annualized 2.0 percent in the January-March period from the prior quarter, marking the first contraction in two quarters amid sluggish consumer spending, the latest GDP figures showed Thursday. Real gross domestic product (GDP) in this year's first quarter, adjusted for inflation, fell 0.5 percent from the previous quarter, according to preliminary data released by the Cabinet Office. Private consumption, which accounts for more than half of Japan's GDP, dropped 0.7 percent. It was the fourth straight quarter of decline, the longest streak since 2009, underscoring sluggish domestic demand. Capital spending fell 0.8 percent, down for the first time in two quarters, as Japanese firms curbed investment in mach

U.S.-ECONOMY-CPI-RISE

(240516) -- FOSTER CITY, May 16, 2024 (Xinhua) -- A customer selects goods at a supermarket in Foster City, California, the United States, May 15, 2024. According to the Labor Department's Bureau of Labor Statistics, the U.S. consumer price index (CPI) rose by 0.3 percent from March. (Photo by Li Jianguo/Xinhua)

U.S.-ECONOMY-CPI-RISE

(240516) -- FOSTER CITY, May 16, 2024 (Xinhua) -- Customers select goods at a supermarket in Foster City, California, the United States, May 15, 2024. According to the Labor Department's Bureau of Labor Statistics, the U.S. consumer price index (CPI) rose by 0.3 percent from March. (Photo by Li Jianguo/Xinhua)

Chinese automaker introduces new EV model in Indonesia

STORY: Chinese automaker introduces new EV model in Indonesia SHOOTING TIME: May 15, 2024 DATELINE: May 16, 2024 LENGTH: 00:03:16 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of launching ceremony 2. various of the display of Wuling's EVs 3. SOUNDBITE (Indonesian): DIAN ASMAHANI, Brand and marketing director for Wuling Sales Indonesia STORYLINE: Chinese automaker Wuling on Wednesday officially launches Cloud EV, a new electric vehicle model, in Jakarta to further expand its presence in the market of the Southeast Asian country. SOUNDBITE (Indonesian): DIAN ASMAHANI, Brand and marketing director for Wuling Sales Indonesia "We hope the Cloud EV will add to the total sales volume of Wuling EV and increase the penetration of EV in Indonesia. We are confident consumers will welcome it. Hopefully, Cloud EV can be sold at least 5,000 for this year." The adoption of EVs in Indonesia has risen significantly. From May 18 to 25, Wuling Indonesia will provide 150 EVs in Bali as officially designated veh

U.S.-ECONOMY-CPI-RISE

(240516) -- FOSTER CITY, May 16, 2024 (Xinhua) -- Customers select goods at a supermarket in Foster City, California, the United States, May 15, 2024. According to the Labor Department's Bureau of Labor Statistics, the U.S. consumer price index (CPI) rose by 0.3 percent from March. (Photo by Li Jianguo/Xinhua)

U.S.-ECONOMY-CPI-RISE

(240516) -- FOSTER CITY, May 16, 2024 (Xinhua) -- A customer selects goods at a supermarket in Foster City, California, the United States, May 15, 2024. According to the Labor Department's Bureau of Labor Statistics, the U.S. consumer price index (CPI) rose by 0.3 percent from March. (Photo by Li Jianguo/Xinhua)

TÜRKIYE-ISTANBUL-INFLATION

(240513) -- ISTANBUL, May 13, 2024 (Xinhua) -- People shop at a market in Istanbul, Türkiye, on May 10, 2024. The Istanbul Planning Agency said in its latest report that the monthly cost of living for a family of four in Istanbul, including rent, has skyrocketed by 81 percent year-on-year, reaching a staggering 55,321 liras. Meat prices have seen the most dramatic rise of 114 percent compared to last year, followed by a 107 percent increase in chicken prices. (Photo by Safar Rajabov/Xinhua) TO GO WITH Feature: Türkiye's Istanbul feels strain as inflation, cost of living soar

TÜRKIYE-ISTANBUL-INFLATION

(240513) -- ISTANBUL, May 13, 2024 (Xinhua) -- People shop at a market in Istanbul, Türkiye, on May 10, 2024. The Istanbul Planning Agency said in its latest report that the monthly cost of living for a family of four in Istanbul, including rent, has skyrocketed by 81 percent year-on-year, reaching a staggering 55,321 liras. Meat prices have seen the most dramatic rise of 114 percent compared to last year, followed by a 107 percent increase in chicken prices. (Photo by Safar Rajabov/Xinhua) TO GO WITH Feature: Türkiye's Istanbul feels strain as inflation, cost of living soar

INDONESIA-JAKARTA-ECONOMIC GROWTH-1ST QUARTER-UP

(240508) -- JAKARTA, May 8, 2024 (Xinhua) -- People walk on a pedestrian bridge at Sudirman street in Jakarta, Indonesia, on May 8, 2024. Indonesia's economy grew by 5.11 percent year on year in the first quarter of this year, Statistics Indonesia BPS announced on Monday. (Xinhua/Veri Sanovri)

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China's remarkable economic transformation offers new opportunities for global growth: experts

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