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Illustration - Economy Growth - China

Illustration - An aerial drone photo taken on on December 14, 2025 shows the production base of an ocean shipping heavy industry company in Jiangdu high-tech industrial development zone in east China's Jiangsu Province. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Ren Fei/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - An aerial drone photo taken on on December 15, 2025 shows Chinese-made vehicles waiting for export in Yantai Port of Yantai, east China's Shandong Province. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Tang Ke/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - Workers assemble a tunnel boring machine at a manufacturing base of China Railway Science & Industry Group in Wuhan, central China's Hubei Province, on December 15, 2025. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Zhao Jun/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - A drone photo taken on on December 15, 2025 shows a worker cleaning wind turbine hubs at a wind power equipment industrial park in Binzhou, east China's Shandong Province. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Wang Jun/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - Workers are seen on a pet food production line of a pet food industrial park in Linyi, east China's Shandong Province, on December 15, 2025. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Wang Yanbing/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - Workers are seen on a pet food production line of a pet food industrial park in Linyi, east China's Shandong Province, on December 15, 2025. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Wang Yanbing/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - An employee conducts welding work at a wind power equipment manufacturing company in Qingzhou, east China's Shandong Province, on December 15, 2025. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Wang Jilin/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - An aerial drone photo taken on on December 15, 2025 shows vessels loading and unloading containers at a container dock of Tangshan Port in Tangshan, north China's Hebei Province. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Liu Mancang/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - An aerial drone photo taken on on December 14, 2025 shows the production base of an ocean shipping heavy industry company in Jiangdu high-tech industrial development zone in east China's Jiangsu Province. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Ren Fei/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - An aerial drone photo taken on on December 15, 2025 shows vessels under construction at a shipbuilding company in Taizhou, east China's Jiangsu Province. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Zhou Shegen/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - An aerial drone photo taken on on December 15, 2025 shows a cargo ship loading and unloading containers at Qingdao Port in Qingdao, east China's Shandong Province. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Yu Fangping/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - An aerial drone photo taken on on December 14, 2025 Chinese-made vehicles waiting for export at a container dock of Nanjing Port in Nanjing, east China's Jiangsu Province. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Yang Suping/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - A worker makes embroidered clothing at a company in Qingdao, east China's Shandong Province, on December 15, 2025. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Liang Xiaopeng/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - An aerial drone photo taken on on December 15, 2025 shows a container dock at Tangshan Port in Tangshan, north China's Hebei Province. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Liu Mancang/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - An aerial drone photo taken on on December 15, 2025 shows staff members examining intelligent aerial work platforms for export at a machinery company in Leidian Town, Huzhou, east China's Zhejiang Province. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Xie Shangguo/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - An aerial drone photo taken on on December 15, 2025 shows a container vessel sailing into Yantai Port in Yantai, east China's Shandong Province. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Sun Wentan/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - A worker makes guitar at a guitar company in Mengzhuang Town of Zaozhuang, east China's Shandong Province, on December 15, 2025. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Sun Zhongzhe/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - A worker makes moulds at a workshop of a mould company in Xingren Town of Nantong, east China's Jiangsu Province, on December 15, 2025. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Zhai Huiyong/Xinhua/ABACAPRESS.COM

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Illustration - Economy Growth - China

Illustration - Workers are seen at a workshop of a heavy industrial equipment company in Jiangdu high-tech industrial development zone in east China's Jiangsu Province, on December 15, 2025. China's economy has maintained steady momentum in November, creating favorable conditions to achieve the annual growth target, as revealed by the latest economic indicators on Monday. In November, the country's value-added industrial output expanded 4.8 percent year on year. In the first 11 months, the industrial output increased by 6 percent. Photo by Ren Fei/Xinhua/ABACAPRESS.COM

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Growth in Total Retail Sales of Consumer Goods in China

QINGZHOU, CHINA - NOVEMBER 9, 2024 - Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 9, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Growth in Total Retail Sales of Consumer Goods in China

QINGZHOU, CHINA - NOVEMBER 9, 2024 - Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 9, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Growth in Total Retail Sales of Consumer Goods in China

QINGZHOU, CHINA - NOVEMBER 9, 2024 - Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 9, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Growth in Total Retail Sales of Consumer Goods in China

QINGZHOU, CHINA - NOVEMBER 9, 2024 - Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 9, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Growth in Total Retail Sales of Consumer Goods in China

QINGZHOU, CHINA - NOVEMBER 9, 2024 - Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 9, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Growth in Total Retail Sales of Consumer Goods in China

QINGZHOU, CHINA - NOVEMBER 9, 2024 - Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 9, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Growth in Total Retail Sales of Consumer Goods in China

QINGZHOU, CHINA - NOVEMBER 9, 2024 - Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 9, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Growth in Total Retail Sales of Consumer Goods in China

QINGZHOU, CHINA - NOVEMBER 9, 2024 - Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 9, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Growth in Total Retail Sales of Consumer Goods in China

QINGZHOU, CHINA - NOVEMBER 9, 2024 - Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 9, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Growth in Total Retail Sales of Consumer Goods in China

QINGZHOU, CHINA - NOVEMBER 9, 2024 - Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 9, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Growth in Total Retail Sales of Consumer Goods in China

QINGZHOU, CHINA - NOVEMBER 9, 2024 - Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 9, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Growth in Total Retail Sales of Consumer Goods in China

QINGZHOU, CHINA - NOVEMBER 9, 2024 - Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 9, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Growth in Total Retail Sales of Consumer Goods in China

QINGZHOU, CHINA - NOVEMBER 9, 2024 - Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 9, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Growth in Total Retail Sales of Consumer Goods in China

QINGZHOU, CHINA - NOVEMBER 9, 2024 - Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 9, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Consumers shop at a supermarket in Qingzhou

Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 15, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Consumers shop at a supermarket in Qingzhou

Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 15, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Consumers shop at a supermarket in Qingzhou

Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 15, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Consumers shop at a supermarket in Qingzhou

Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 15, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Consumers shop at a supermarket in Qingzhou

Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 15, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Consumers shop at a supermarket in Qingzhou

Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 15, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Consumers shop at a supermarket in Qingzhou

Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 15, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Consumers shop at a supermarket in Qingzhou

Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 15, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Consumers shop at a supermarket in Qingzhou

Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 15, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Consumers shop at a supermarket in Qingzhou

Consumers shop at a supermarket in Qingzhou city, East China's Shandong province, Nov 15, 2024. On November 15, 2024, the National Bureau of Statistics released data, in October 2024, the total retail sales of social consumer goods in China was 4,539.6 billion yuan, an increase of 4.8%. From January to October 2024, the total retail sales of consumer goods nationwide reached 39,896 billion yuan, up 3.5 percent year on year.

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Kenya projects economy to grow 5.5 pct in 2023

STORY: Kenya projects economy to grow 5.5 pct in 2023 SHOOTING TIME: Nov. 7, 2023 DATELINE: Nov. 8, 2023 LENGTH: 00:01:53 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. various of Nairobi 2. various of the NCBA Bank 2024 Macroeconomic Outlook Forum 3. SOUNDBITE (English): SUSAN KOECH, Deputy governor of Central Bank of Kenya 4. various of the NCBA Bank 2024 Macroeconomic Outlook Forum 5. various of Nairobi STORYLINE: Kenya's economy is projected to grow 5.5 percent in 2023, compared to 4.8 percent recorded in 2022, a government official said Tuesday. Susan Koech, the deputy governor of the Central Bank of Kenya, told a forum in Nairobi, the capital of Kenya, that the growth will be driven by a rebound in the agricultural and services sector as well as government measures implemented to stimulate the manufacturing sector. SOUNDBITE (English): SUSAN KOECH, Deputy governor of Central Bank of Kenya "Despite the global uncertainties, Kenya's growth has remained strong and is expected to remain above the

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Norway's central bank raises policy rate to 4.25 pct

STORY: Norway's central bank raises policy rate to 4.25 pct DATELINE: Sept. 22, 2023 LENGTH: 00:01:31 LOCATION: Oslo CATEGORY: ECONOMY SHOTLIST: 1. various of Norges Bank 2. various of a press conference held in Norges Bank 3. various of Norges Bank STORYLINE: Norges Bank, Norway's central bank, on Thursday increased its benchmark interest rate from 4.0 percent to 4.25 percent to curb inflation. Norges Bank Governor Ida Wolden Bache told reporters that the country's current inflation rate remains significantly above the targeted 2 percent. In Norway, prices have increased for a range of goods and services. According to official figures, the 12-month rise in the consumer price index (CPI) was 4.8 percent in August, higher than expected. "Persistently high inflation imposes substantial costs on society. A somewhat higher interest rate is imperative to align inflation with the target within a feasible timeframe," Bache said. She said challenges prevail in the labor market with its continuing tightness. In

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France willing to help Egypt attract foreign investment: FM

STORY: France willing to help Egypt attract foreign investment: FM DATELINE: Sept. 15, 2023 LENGTH: 00:00:55 LOCATION: Cairo CATEGORY: POLITICS SHOTLIST: 1. various of the presidential palace 2. various of Egyptian President Abdel-Fattah al-Sisi meeting with French Foreign Minister Catherine Colonna (courtesy of Egyptian presidency) STORYLINE: France is willing to help Egypt solve its debt problems and attract foreign investments, said visiting French Foreign Minister Catherine Colonna on Thursday in Egypt. Colonna made the remarks in a joint press conference in the capital Cairo with her Egyptian counterpart Sameh Shoukry. France is aware of the difficult economic conditions Egypt is going through and is willing to help Cairo in its talks with international financial institutions, the French foreign minister told reporters. Egypt's foreign debt reached 165.3 billion U.S. dollars by the end of March 2023, registering a 4.8-percent increase from the same period last year, according to the Centr

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Int'l business leaders, experts optimistic about China's economy

STORY: Int'l business leaders, experts optimistic about China's economy DATELINE: July 15, 2023 LENGTH: 00:02:04 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE 1 (English): HAMID RASHID, Lead author of World Economic Situation and Prospects 2023 mid-year report 3. SOUNDBITE 2 (English): MIWAKO ANDO, Executive officer of Mitsui O.S.K. Lines, Ltd. 4. SOUNDBITE 3 (English): SUAN YONG FOO, Senior Economist at ASEAN+3 Macroeconomic Research Office (AMRO) 5. SOUNDBITE 4 (English): STEPHEN PERRY, Chair of the 48 Group Club STORYLINE: China's economy maintained recovery momentum as consuming activities gained traction and innovation pushed up industrial upgrading in the past half year. The mid-year update of the World Economic Situation and Prospects 2023, released by the United Nations, projected that China's economy will grow 5.3 percent this year, up from the 4.8 percent forecast in January. Economic experts and business leaders from various countries have expressed their confi

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Malaysia's retail industry sees 13.8 pct growth in Q1

STORY: Malaysia's retail industry sees 13.8 pct growth in Q1 DATELINE: June 14, 2023 LENGTH: 00:02:47 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Malaysia's national flag and crowds in front of shopping malls 2. various of customers shopping in store 3. various of customers shopping at a bazaar 4. various of customers shopping at a supermarket STORYLINE: Malaysia's retail industry recorded a better-than-expected growth rate of 13.8 percent in retail sales in the first quarter of 2023, as compared to the same period in 2022, Retail Group Malaysia (RGM) said on Tuesday. The RGM has also revised Malaysia's annual retail industry growth rate for 2023 upwards from 4 percent to 4.8 percent due to the retail result during the first quarter of this year. In its report, the RGM said this latest quarterly result was 50 percent higher than the estimate made by members of Malaysia Retailers Association (MRA) and Malaysia Retail Chain Association (MRCA) at 9.2 percent in March. According to the

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China's economy on "strong footing," says UN economist

STORY: China's economy on "strong footing," says UN economist DATELINE: May 18, 2023 LENGTH: 00:02:44 LOCATION: UN Headquarters CATEGORY: ECONOMY SHOTLIST: 1. wide shot of UN Headquarters 2. lead author of World Economic Situation and Prospects 2023 mid-year report Hamid Rashid talking to reporter 3. SOUNDBITE 1 (English): HAMID RASHID, Lead author of World Economic Situation and Prospects 2023 mid-year report 4. various of Rashid speaking 5. SOUNDBITE 2 (English): HAMID RASHID, Lead author of World Economic Situation and Prospects 2023 mid-year report 6. various of close up of Rashid's hands STORYLINE: A United Nations (UN) economist has said that China's economy is steadily recovering after the pandemic and remains strong, instilling confidence in its economic future. The UN on Tuesday released a mid-year update of its World Economic Situation and Prospects 2023 report, which projected China's economy will grow 5.3 percent this year, up from the 4.8 percent forecast in January. In a recent interview wi

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China's rapid recovery brightens regional, global economic outlook: ADB

STORY: China's rapid recovery brightens regional, global economic outlook: ADB DATELINE: April 4, 2023 LENGTH: 00:03:46 LOCATION: Manila CATEGORY: ECONOMY SHOTLIST: 1. various of ADB headquarters 2. various of street views of Manila STORYLINE: China's rapid recovery has brightened the regional and global economic outlook, according to a new Asian Development Bank (ADB) report released on Tuesday. The Asian Development Outlook (ADO) 2023, the ADB's flagship annual economic publication, expected China's gross domestic product (GDP) to rebound to 5 percent this year and to 4.5 percent in 2024. The report also forecasts that developing Asia's GDP will grow by 4.8 percent this year and next year, saying the growth of this region remains resilient. "China's reopening has lifted the region's outlook," said the report, adding that it will support growth in regional exporters of commodities, manufactured intermediates and final goods; it could lead to a stronger pick-up in growth, boosting external dema