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Chinese Offshore Oil And Gas Platforms - Bohai Oilfield

An aerial drone photo taken on December 20, 2025 shows the offshore oil and gas platforms in Bohai Oilfield. China's largest offshore oilfield, the Bohai Oilfield, has produced over 40 million tonnes of oil equivalent in 2025, setting a historical record, the China National Offshore Oil Corporation (CNOOC) announced Sunday. The Bohai Oilfield, which currently operates more than 60 producing oil and gas fields, has yielded a cumulative crude oil output exceeding 600 million tonnes. Over the past five years, its oil and gas production has grown by 5 percent annually, according to CNOOC. Photo by Du Penghui/Xinhua/ABACAPRESS.COM

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Chinese Offshore Oil And Gas Platforms - Bohai Oilfield

An aerial drone photo taken on December 21, 2025 shows the offshore oil and gas platforms in Bohai Oilfield. China's largest offshore oilfield, the Bohai Oilfield, has produced over 40 million tonnes of oil equivalent in 2025, setting a historical record, the China National Offshore Oil Corporation (CNOOC) announced Sunday. The Bohai Oilfield, which currently operates more than 60 producing oil and gas fields, has yielded a cumulative crude oil output exceeding 600 million tonnes. Over the past five years, its oil and gas production has grown by 5 percent annually, according to CNOOC. Photo by Du Penghui/Xinhua/ABACAPRESS.COM

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Chinese Offshore Oil And Gas Platforms - Bohai Oilfield

An aerial drone photo taken on December 21, 2025 shows the offshore oil and gas platforms in Bohai Oilfield. China's largest offshore oilfield, the Bohai Oilfield, has produced over 40 million tonnes of oil equivalent in 2025, setting a historical record, the China National Offshore Oil Corporation (CNOOC) announced Sunday. The Bohai Oilfield, which currently operates more than 60 producing oil and gas fields, has yielded a cumulative crude oil output exceeding 600 million tonnes. Over the past five years, its oil and gas production has grown by 5 percent annually, according to CNOOC. Photo by Du Penghui/Xinhua/ABACAPRESS.COM

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Chinese Offshore Oil And Gas Platforms - Bohai Oilfield

This photo taken on December 21, 2025 shows the offshore oil and gas platforms in Bohai Oilfield. China's largest offshore oilfield, the Bohai Oilfield, has produced over 40 million tonnes of oil equivalent in 2025, setting a historical record, the China National Offshore Oil Corporation (CNOOC) announced Sunday. The Bohai Oilfield, which currently operates more than 60 producing oil and gas fields, has yielded a cumulative crude oil output exceeding 600 million tonnes. Over the past five years, its oil and gas production has grown by 5 percent annually, according to CNOOC. Photo by Du Penghui/Xinhua/ABACAPRESS.COM

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Chinese Offshore Oil And Gas Platforms - Bohai Oilfield

An aerial drone photo taken on December 21, 2025 shows the offshore oil and gas platforms in Bohai Oilfield. China's largest offshore oilfield, the Bohai Oilfield, has produced over 40 million tonnes of oil equivalent in 2025, setting a historical record, the China National Offshore Oil Corporation (CNOOC) announced Sunday. The Bohai Oilfield, which currently operates more than 60 producing oil and gas fields, has yielded a cumulative crude oil output exceeding 600 million tonnes. Over the past five years, its oil and gas production has grown by 5 percent annually, according to CNOOC. Photo by Du Penghui/Xinhua/ABACAPRESS.COM

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Chinese Offshore Oil And Gas Platforms - Bohai Oilfield

This photo taken on December 21, 2025 shows the offshore oil and gas platforms in Bohai Oilfield. China's largest offshore oilfield, the Bohai Oilfield, has produced over 40 million tonnes of oil equivalent in 2025, setting a historical record, the China National Offshore Oil Corporation (CNOOC) announced Sunday. The Bohai Oilfield, which currently operates more than 60 producing oil and gas fields, has yielded a cumulative crude oil output exceeding 600 million tonnes. Over the past five years, its oil and gas production has grown by 5 percent annually, according to CNOOC. Photo by Du Penghui/Xinhua/ABACAPRESS.COM

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Chinese Offshore Oil And Gas Platforms - Bohai Oilfield

This photo taken on December 21, 2025 shows the offshore oil and gas platforms in Bohai Oilfield. China's largest offshore oilfield, the Bohai Oilfield, has produced over 40 million tonnes of oil equivalent in 2025, setting a historical record, the China National Offshore Oil Corporation (CNOOC) announced Sunday. The Bohai Oilfield, which currently operates more than 60 producing oil and gas fields, has yielded a cumulative crude oil output exceeding 600 million tonnes. Over the past five years, its oil and gas production has grown by 5 percent annually, according to CNOOC. Photo by Du Penghui/Xinhua/ABACAPRESS.COM

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Chinese Offshore Oil And Gas Platforms - Bohai Oilfield

An aerial drone photo taken on December 21, 2025 shows the offshore oil and gas platforms in Bohai Oilfield. China's largest offshore oilfield, the Bohai Oilfield, has produced over 40 million tonnes of oil equivalent in 2025, setting a historical record, the China National Offshore Oil Corporation (CNOOC) announced Sunday. The Bohai Oilfield, which currently operates more than 60 producing oil and gas fields, has yielded a cumulative crude oil output exceeding 600 million tonnes. Over the past five years, its oil and gas production has grown by 5 percent annually, according to CNOOC. Photo by Du Penghui/Xinhua/ABACAPRESS.COM

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Sharp Decline in Seoul Stocks - South Corea

Traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, April 7, 2025. South Korea's benchmark Korea Composite Stock Price Index (KOSPI) lost 103.57 points, or 4.2 percent, to 2,361.85 as of 11:20 a.m. Due to the sharp decline, the bourse operator placed a sidecar order at 9:12 a.m., pausing program buying for five minutes, after the KOSPI 200 index fell more than 5 percent for over one minute. It was the first sidecar order for program buying since August 2024, according to local reports. The KOSPI plummeted as investors sold off stocks in response to increasing concerns about a recession after the U.S. government revealed "reciprocal tariffs" last week, said analysts here. Photo by Jun Hyosang/Xinhua/ABACAPRESS.COM

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Sharp Decline in Seoul Stocks - South Corea

This photo taken on April 7, 2025 shows a screen at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea. South Korea's benchmark Korea Composite Stock Price Index (KOSPI) lost 103.57 points, or 4.2 percent, to 2,361.85 as of 11:20 a.m. Due to the sharp decline, the bourse operator placed a sidecar order at 9:12 a.m., pausing program buying for five minutes, after the KOSPI 200 index fell more than 5 percent for over one minute. It was the first sidecar order for program buying since August 2024, according to local reports. The KOSPI plummeted as investors sold off stocks in response to increasing concerns about a recession after the U.S. government revealed "reciprocal tariffs" last week, said analysts here. Photo by Jun Hyosang/Xinhua/ABACAPRESS.COM

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Sharp Decline in Seoul Stocks - South Corea

A trader is seen in front of a screen at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, April 7, 2025. South Korea's benchmark Korea Composite Stock Price Index (KOSPI) lost 103.57 points, or 4.2 percent, to 2,361.85 as of 11:20 a.m. Due to the sharp decline, the bourse operator placed a sidecar order at 9:12 a.m., pausing program buying for five minutes, after the KOSPI 200 index fell more than 5 percent for over one minute. It was the first sidecar order for program buying since August 2024, according to local reports. The KOSPI plummeted as investors sold off stocks in response to increasing concerns about a recession after the U.S. government revealed "reciprocal tariffs" last week, said analysts here. Photo by Jun Hyosang/Xinhua/ABACAPRESS.COM

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International Monetary Fund Raised Its Growth Forecast for China

YANTAI, CHINA - JULY 27, 2024 - A stadium is decorated with Chinese national flags in Yantai, Shandong province, China, July 27, 2024. On July 16, 2024, the International Monetary Fund (IMF) released its latest World Economic Outlook Report, lowering its forecast for US economic growth in 2024 by 0.1 percentage points to 2.6 percent, while raising its forecast for China's economic growth by 0.4 percentage points to 5 percent.

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International Monetary Fund Raised Its Growth Forecast for China

YANTAI, CHINA - JULY 27, 2024 - A stadium is decorated with Chinese national flags in Yantai, Shandong province, China, July 27, 2024. On July 16, 2024, the International Monetary Fund (IMF) released its latest World Economic Outlook Report, lowering its forecast for US economic growth in 2024 by 0.1 percentage points to 2.6 percent, while raising its forecast for China's economic growth by 0.4 percentage points to 5 percent.

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International Monetary Fund Raised Its Growth Forecast for China

YANTAI, CHINA - JULY 27, 2024 - A stadium is decorated with Chinese national flags in Yantai, Shandong province, China, July 27, 2024. On July 16, 2024, the International Monetary Fund (IMF) released its latest World Economic Outlook Report, lowering its forecast for US economic growth in 2024 by 0.1 percentage points to 2.6 percent, while raising its forecast for China's economic growth by 0.4 percentage points to 5 percent.

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International Monetary Fund Raised Its Growth Forecast for China

YANTAI, CHINA - JULY 27, 2024 - A stadium is decorated with Chinese national flags in Yantai, Shandong province, China, July 27, 2024. On July 16, 2024, the International Monetary Fund (IMF) released its latest World Economic Outlook Report, lowering its forecast for US economic growth in 2024 by 0.1 percentage points to 2.6 percent, while raising its forecast for China's economic growth by 0.4 percentage points to 5 percent.

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DBS chief economist optimistic about China's growth outlook

STORY: DBS chief economist optimistic about China's growth outlook SHOOTING TIME: May 30, 2024 DATELINE: June 5, 2024 LENGTH: 00:02:03 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of DBS 2. various of street views in China 3. SOUNDBITE 1 (English): TAIMUR BAIG, Chief economist and managing director of DBS Group Research 4. SOUNDBITE 2 (English): TAIMUR BAIG, Chief economist and managing director of DBS Group Research 5. SOUNDBITE 3 (English): TAIMUR BAIG, Chief economist and managing director of DBS Group Research STORYLINE: DBS, Singapore's major banking group, has recently raised its forecast for China's GDP growth in 2024 to 5 percent from 4.5 percent, as a better-than-expected upturn in China's property market and trade performance propelled the economy. In an exclusive interview with Xinhua, Taimur Baig, chief economist and managing director of DBS Group Research, said China's economy has shown more positive signals of recovery. SOUNDBITE 1 (English): TAIMUR BAIG, Chief economist and man

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German industry insider: bullish on outlook of Chinese economy

STORY: German industry insider: bullish on outlook of Chinese economy SHOOTING TIME: June 1, 2024 DATELINE: June 2, 2024 LENGTH: 00:01:56 LOCATION: Berlin CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of China's industrial sector 2. SOUNDBITE (English): MICHAEL SCHUMANN, Chairman of BWA STORYLINE: The International Monetary Fund (IMF) has raised its forecast for China's GDP growth in 2024 to 5 percent from the April projection of 4.6 percent. A German industry insider shared his thoughts on the IMF's forecast revision. SOUNDBITE (English): MICHAEL SCHUMANN, Chairman of Federation of the Federal Association for Economic Development and Foreign Trade (BWA) "First, to say this quite clearly, it is a very good news and a very positive news because it will be a stimulus to the world economy if the growth rate in China is positive. We have always been bullish on the outlook of the Chinese economy. Our association BWA, we have been working with China, we have been fostering and supporting Sino-German econom

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Türkiye raises year-end inflation forecast amid soaring prices

STORY: Türkiye raises year-end inflation forecast amid soaring prices SHOOTING TIME: May 9, 2024 & Earlier footage DATELINE: May 10, 2024 LENGTH: 00:01:19 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank (earlier footage) 2. SOUNDBITE 1 (Turkish): FATIH KARAHAN, Turkish Central Bank Governor (courtesy of ihlas news agency) 3. various of Turkish lira (earlier footage) 4. SOUNDBITE 2 (Turkish): FATIH KARAHAN, Turkish Central Bank Governor (courtesy of ihlas news agency) 5. various of Turkish lira (earlier footage) 6. various of Turkish Central Bank (earlier footage) STORYLINE: Türkiye's Central Bank has raised its end-of-year inflation forecast for 2024 to 38 percent, a two-percentage-point increase from previous estimates, as revealed in its latest quarterly report. The bank's outlook for the subsequent years remains unchanged, with inflation expected to decrease to 14 percent in 2025 and 9 percent in 2026, aiming for a medium-term stabilization target of 5 percent. Centr

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XINHUA PHOTOS OF THE DAY

(240510) -- BEIJING, May 10, 2024 (Xinhua) -- An aerial drone photo taken on May 9, 2024 shows a freight ship docking the container terminal at Lianyungang Port, east China's Jiangsu Province. China's total goods imports and exports expanded 5.7 percent year on year in yuan terms in the first four months of this year, stronger than the 5 percent recorded in the first quarter, official data showed Thursday. From January to April, the country's foreign trade in goods stood at 13.81 trillion yuan (1.95 trillion U.S. dollars). In April alone, the foreign trade soared 8 percent to 3.64 trillion yuan, after contracting in the previous month, signalling improvements in demand at home and overseas. (Photo by Geng Yuhe/Xinhua)

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#CHINA-ECONOMY-FOREIGN TRADE-INCREASE (CN)

(240509) -- BEIJING, May 9, 2024 (Xinhua) -- This drone photo taken on May 8, 2024 shows a freight ship with vehicles loaded for export leaving Yantai Port, east China's Shandong Province. China's total goods imports and exports expanded 5.7 percent year on year in yuan terms in the first four months of this year, stronger than the 5 percent recorded in the first quarter, official data showed Thursday. From January to April, the country's foreign trade in goods stood at 13.81 trillion yuan (1.95 trillion U.S. dollars). In April alone, the foreign trade soared 8 percent to 3.64 trillion yuan, after contracting in the previous month, signalling improvements in demand at home and overseas. (Photo by Tang Ke/Xinhua)

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#CHINA-ECONOMY-FOREIGN TRADE-INCREASE (CN)

(240509) -- BEIJING, May 9, 2024 (Xinhua) -- Containers are transported at Qingdao Port, east China's Shandong Province, May 9, 2024. China's total goods imports and exports expanded 5.7 percent year on year in yuan terms in the first four months of this year, stronger than the 5 percent recorded in the first quarter, official data showed Thursday. From January to April, the country's foreign trade in goods stood at 13.81 trillion yuan (1.95 trillion U.S. dollars). In April alone, the foreign trade soared 8 percent to 3.64 trillion yuan, after contracting in the previous month, signalling improvements in demand at home and overseas. (Photo by Yu Fangping/Xinhua)

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#CHINA-ECONOMY-FOREIGN TRADE-INCREASE (CN)

(240509) -- BEIJING, May 9, 2024 (Xinhua) -- This aerial drone photo taken on May 9, 2024 shows a freight ship docking the container terminal at Lianyungang Port, east China's Jiangsu Province. China's total goods imports and exports expanded 5.7 percent year on year in yuan terms in the first four months of this year, stronger than the 5 percent recorded in the first quarter, official data showed Thursday. From January to April, the country's foreign trade in goods stood at 13.81 trillion yuan (1.95 trillion U.S. dollars). In April alone, the foreign trade soared 8 percent to 3.64 trillion yuan, after contracting in the previous month, signalling improvements in demand at home and overseas. (Photo by Geng Yuhe/Xinhua)

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#CHINA-ECONOMY-FOREIGN TRADE-INCREASE (CN)

(240509) -- BEIJING, May 9, 2024 (Xinhua) -- This aerial drone photo taken on May 9, 2024 shows containers being transported at the container terminal of Lianyungang Port, east China's Jiangsu Province. China's total goods imports and exports expanded 5.7 percent year on year in yuan terms in the first four months of this year, stronger than the 5 percent recorded in the first quarter, official data showed Thursday. From January to April, the country's foreign trade in goods stood at 13.81 trillion yuan (1.95 trillion U.S. dollars). In April alone, the foreign trade soared 8 percent to 3.64 trillion yuan, after contracting in the previous month, signalling improvements in demand at home and overseas. (Photo by Wang Chun/Xinhua)

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#CHINA-ECONOMY-FOREIGN TRADE-INCREASE (CN)

(240509) -- BEIJING, May 9, 2024 (Xinhua) -- A freight ship enters a container terminal at Qingdao Port, east China's Shandong Province, May 9, 2024. China's total goods imports and exports expanded 5.7 percent year on year in yuan terms in the first four months of this year, stronger than the 5 percent recorded in the first quarter, official data showed Thursday. From January to April, the country's foreign trade in goods stood at 13.81 trillion yuan (1.95 trillion U.S. dollars). In April alone, the foreign trade soared 8 percent to 3.64 trillion yuan, after contracting in the previous month, signalling improvements in demand at home and overseas. (Photo by Yu Fangping/Xinhua)

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#CHINA-ECONOMY-FOREIGN TRADE-INCREASE (CN)

(240509) -- BEIJING, May 9, 2024 (Xinhua) -- This aerial drone photo taken on May 8, 2024 shows vehicles to be loaded for export at Yantai Port, east China's Shandong Province. China's total goods imports and exports expanded 5.7 percent year on year in yuan terms in the first four months of this year, stronger than the 5 percent recorded in the first quarter, official data showed Thursday. From January to April, the country's foreign trade in goods stood at 13.81 trillion yuan (1.95 trillion U.S. dollars). In April alone, the foreign trade soared 8 percent to 3.64 trillion yuan, after contracting in the previous month, signalling improvements in demand at home and overseas. (Photo by Tang Ke/Xinhua)

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#CHINA-ECONOMY-FOREIGN TRADE-INCREASE (CN)

(240509) -- BEIJING, May 9, 2024 (Xinhua) -- This aerial drone photo taken on May 9, 2024 shows containers being transported at the container terminal of Lianyungang Port, east China's Jiangsu Province. China's total goods imports and exports expanded 5.7 percent year on year in yuan terms in the first four months of this year, stronger than the 5 percent recorded in the first quarter, official data showed Thursday. From January to April, the country's foreign trade in goods stood at 13.81 trillion yuan (1.95 trillion U.S. dollars). In April alone, the foreign trade soared 8 percent to 3.64 trillion yuan, after contracting in the previous month, signalling improvements in demand at home and overseas. (Photo by Geng Yuhe/Xinhua)

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#CHINA-ECONOMY-FOREIGN TRADE-INCREASE (CN)

(240509) -- BEIJING, May 9, 2024 (Xinhua) -- This drone photo taken on May 9, 2024 shows containers being transported at the container terminal of Lianyungang Port, east China's Jiangsu Province. China's total goods imports and exports expanded 5.7 percent year on year in yuan terms in the first four months of this year, stronger than the 5 percent recorded in the first quarter, official data showed Thursday. From January to April, the country's foreign trade in goods stood at 13.81 trillion yuan (1.95 trillion U.S. dollars). In April alone, the foreign trade soared 8 percent to 3.64 trillion yuan, after contracting in the previous month, signalling improvements in demand at home and overseas. (Photo by Wang Chun/Xinhua)

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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

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Hong Kong charts 1.5-fold YoY increase in tourist arrivals in Q1

STORY: Hong Kong charts 1.5-fold YoY increase in tourist arrivals in Q1 SHOOTING TIME: file DATELINE: April 17, 2024 LENGTH: 00:00:33 LOCATION: HONG KONG, China CATEGORY: TOURISM SHOTLIST: 1. various of people at the check points 2. various of people in the streets of Hong Kong 3. various of firework show in Hong Kong STORYLINE: Hong Kong recorded over 11.23 million visitor arrivals in the first quarter this year, a 1.5-fold increase year-on-year and a 5-percent quarter-on-quarter hike, the Hong Kong Tourism Board (HKTB) announced on Tuesday, citing preliminary statistics. The figure reflects that the number of tourists registered a steady growth, the HKTB said. There were some 3.4 million tourist arrivals in March, up 40 percent from the previous year. Among them, more than 2.46 million were from the Chinese mainland, a year-on-year increase of 25.4 percent. Non-mainland visits exceeded 930,000, up 92.1 percent year-on-year, it added. The Tourism Board also announced that starting from May, it

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Inflation in Sweden slows down in March

STORY: Inflation in Sweden slows down in March SHOOTING TIME: April 12, 2024 DATELINE: April 13, 2024 LENGTH: 00:01:30 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of Statistics Sweden (SCB) 2. various of supermarkets 3. various of Stockholm's streets STORYLINE: Inflation in Sweden slowed from 4.5 percent in February to 4.1 percent in March, Statistics Sweden (SCB) said on Friday. Mikael Nordin, a statistician at SCB, said that the cost of certain goods had decreased from the same period last year. SCB said that inflation, measured as the Consumer Price Index (CPI), was mainly driven by mortgage costs rising by 39.3 percent for apartment owners. Meanwhile, tenants paid 5 percent higher rents for their apartments than a year earlier. However, increasing housing costs were offset by cheaper diesel and electricity -- down by 17.5 percent and 9.1 percent respectively year-on-year, SCB said. Besides increased lending costs due to the Swedish central bank raising the benchmark interest rate f

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China's booming foreign trade benefits other countries: experts

STORY: China's booming foreign trade benefits other countries: experts SHOOTING TIME: Recent footage DATELINE: April 12, 2024 LENGTH: 00:02:03 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of container terminals 2. various of street views in China 3. SOUNDBITE 1 (English): STEPHEN NDEGWA, Lecturer in international relations at the Nairobi-based United States International University-Africa 4. SOUNDBITE 2 (English): CHARLES ONUNAIJU, Director of Center for China Studies, Nigeria 5. SOUNDBITE 3 (English): BENJAMIN MGANA, Chief editor of Foreign News of The Guardian, Tanzania STORYLINE: China's total import and export of goods expanded 5 percent year on year in yuan terms in the first quarter of 2024, setting new records in both scale and growth rate, official data showed Friday. From January to March, the country's foreign trade in goods stood at 10.17 trillion yuan (about 1.43 trillion U.S. dollars), according to the General Administration of Customs (GAC). Historically, for the first time, the

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Cardiac conditions a major killer on Australian beaches: report

STORY: Cardiac conditions a major killer on Australian beaches: report SHOOTING TIME: March 23, 2024 DATELINE: March 23, 2024 LENGTH: 0:01:01 LOCATION: Canberra CATEGORY: SOCIETY SHOTLIST: 1. various of beaches in Australia STORYLINE: Cardiac conditions cause more deaths on Australian beaches than sharks or other wildlife, a research has found. A federal government-funded study published by Surf Life Saving Australia, the country's leading provider of surf rescue services, on Friday revealed that almost 40 percent of the 1,667 deaths that occurred on Australia's coasts over a 10-year period were not related to drowning. Cardiac conditions were the leading cause of non-drowning coastal deaths, the research found, accounting for 51.8 percent of the 620 over the 10-year period. Traumatic collisions and injuries accounted for 15.9 percent and falls for 10.4 percent, the study said. Marine creatures including sharks and jellyfish were identified as the cause of 5 percent of non-drowning deaths and less than

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CHINA-ECONOMY-PRESS CONFERENCE (CN)

(240318) -- BEIJING, March 18, 2024 (Xinhua) -- Liu Aihua, spokesperson of the National Bureau of Statistics (NBS), attends a press conference in Beijing, capital of China, March 18, 2024. China has conditions to achieve its full-year growth target of around 5 percent for 2024 via enhanced efforts, Liu said Monday. (Xinhua/Pan Xu)

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Experts, business insiders voice confidence in China's growth

STORY: Experts, business insiders voice confidence in China's growth SHOOTING TIME: Recent DATELINE: March 11, 2024 LENGTH: 0:01:57 LOCATION: Beijing CATEGORY: ECONOMY/POLITICS SHOTLIST: 1. various of China 2. SOUNDBITE 1 (Arabic): TAREK EL-SONOTY, Deputy editor-in-chief of Egypt's state-run Al-Ahram newspaper 3. SOUNDBITE 2 (English): HARLEY SEYEDIN, President of AmCham South China 4. various of China 5. SOUNDBITE 3 (English): RONNIE LINS, Director of the China-Brazil Center for Research and Business 6. SOUNDBITE 4 (English): BENJAMIN MGANA, Chief Editor of Foreign News of The Guardian, Tanzania STORYLINE: Experts and business insiders from various countries have voiced confidence in China's economic growth target and the development of new quality productive forces. China sets its economic growth target for 2024 at around 5 percent. SOUNDBITE 1 (Arabic): TAREK EL-SONOTY, Deputy editor-in-chief of Egypt's state-run Al-Ahram newspaper "I believe that many economists and politicians worldwide have great c

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China's development offers opportunity to world, experts say

STORY: China's development offers opportunity to world, experts say SHOOTING TIME: March 5, 2024 DATELINE: March 8, 2024 LENGTH: 00:02:18 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the development of China 2. SOUNDBITE 1 (Chinese): YAN LI, Senior lecturer at Nanyang Business School of Singapore's Nanyang Technological University 3. SOUNDBITE 2 (English): HUMPREY MOSHI, Director of Center for Chinese Studies at University of Dar es Salaam of Tanzania 4. SOUNDBITE 3 (English): STEPHEN NDEGWA, Lecturer in international relations at Nairobi-based United States International University-Africa STORYLINE: China has set its economic growth target for 2024 at around 5 percent. Experts worldwide have voiced their optimism about the target and said that China's growth and development offer an opportunity to the world. SOUNDBITE 1 (Chinese): YAN LI, Senior lecturer at Nanyang Business School of Singapore's Nanyang Technological University "We have seen the announcement of a GDP growth of around 5 pe

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Senior executives of foreign companies: China's 2024 GDP growth target sends positive signal

STORY: Senior executives of foreign companies: China's 2024 GDP growth target sends positive signal SHOOTING TIME: March 6, 2024 DATELINE: March 7, 2024 LENGTH: 00:00:53 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): OLE GERDAU, Chief Operating Officer of Deutsche Bank of China 2. SOUNDBITE 2 (English): YANN BOZEC, President of Tapestry and President & CEO of Coach, APAC Region STORYLINE: Senior executives of foreign companies that have a long presence in China have said that China's GDP growth target of around 5 percent for 2024 sends a positive signal, with multiple growth drivers to achieve it. SOUNDBITE 1 (English): OLE GERDAU, Chief Operating Officer of Deutsche Bank of China "We've learned this morning about the growth target being (around) 5%. I think that's a very positive signal. It obviously shows that there's still a lot of confidence in being able to deliver this. And I think the growth will largely be stimulated by that, and hopefully it will then also lead to

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China's 2024 economic growth target feasible, uplifting: int'l observers

STORY: China's 2024 economic growth target feasible, uplifting: int'l observers SHOOTING TIME: Recent footage DATELINE: March 6, 2024 LENGTH: 00:01:55 LOCATION: Dar es Salaam/Singapore/Addis Ababa/Abidjan/Islamabad CATEGORY: ECONOMY/POLITICS SHOTLIST: 1. various of street views in China 2. SOUNDBITE 1 (English): BENJAMIN MGANA, Chief editor of Foreign News of The Guardian, Tanzania 3. SOUNDBITE 2 (Chinese): YAN LI, Senior lecturer, Singapore's Nanyang Technological University 4. SOUNDBITE 3 (English) COSTANTINOS BT. COSTANTINOS, Professor of public policy at the Addis Ababa University in Ethiopia 5. SOUNDBITE 4 (French) RANDOLPHE KICHIEDOU, Ivorian economic analyst 6. SOUNDBITE 5 (English) HAROON SHARIF, Former Minister of State for Investment of Pakistan STORYLINE: International observers have said that China's economic growth target of around 5 percent for 2024 is feasible and sends an uplifting message to the world. SOUNDBITE 1 (English): BENJAMIN MGANA, Chief editor of Foreign News of The Guardian, Ta

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Experts upbeat about China's economic growth target

STORY: Experts upbeat about China's economic growth target SHOOTING DATE: March 5, 2024 DATELINE: March 6, 2024 LENGTH: 00:01:00 LOCATION: Beijing/DAR ES SALAAM, Tanzania CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE 1 (English): MICHAEL CAMPBELL, Nicaraguan ambassador to China 3. SOUNDBITE 2 (English): BENJAMIN MGANA, Chief editor of Foreign News of The Guardian, Tanzania STORYLINE: China has set its 2024 economic growth target at around 5 percent. That's according to a government work report submitted Tuesday to the national legislature for deliberation. SOUNDBITE 1 (English): MICHAEL CAMPBELL, Nicaraguan ambassador to China "Last year, the growth target was 5 percent, and China exceeded its target, reaching 5.2 percent. I believe that China will continue to be a very important contributor to global development, a very important contributor to global stability, peace, and prosperity." SOUNDBITE 2 (English): BENJAMIN MGANA, Chief editor of Foreign News of The Guardian, Tanzania "China ha

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China unveils 2024 growth targets with focus on high-quality development

STORY: China unveils 2024 growth targets with focus on high-quality development SHOOTING DATE: March 4, 2024 DATELINE: March 5, 2024 LENGTH: 00:02:28 LOCATION: Buenos Aires/Brussels/Jakarta/Abidjan CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE 1 (Spanish): FERNANDO FAZZOLARI, CEO of Engineering and Technical Assistance Argentina 3. SOUNDBITE 2 (English): BERNARD DEWIT, Chairman of the Belgian-Chinese Chamber of Commerce (BCECC) 4. SOUNDBITE 3 (English): CHRISTINE SUSANNA TJHIN, Director of Strategic Research, Gentala Institute in Indonesia 5. SOUNDBITE 4 (French): ALSENY THIAM, Guinean economist STORYLINE: China seeks to attain a GDP growth rate of around 5 percent for 2024, the latest signal that the world's second-largest economy is committed to high-quality development despite uncertainties at home and abroad. Many foreign experts have expressed their confidence in the growth of the Chinese economy, stressing the significance of its high-quality development path. SOUNDBITE 1 (Spanish):

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What goals China's provincial-level governments set for 2024

STORY: What goals China's provincial-level governments set for 2024 SHOOTING TIME: File DATELINE: Feb. 1, 2024 LENGTH: 00:01:54 LOCATION: Beijing CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of China STORYLINE: China's provincial governments are eyeing new economic engines from AI to new energy vehicles, with a continuous focus on consumption, as indicated by their development plans for 2024. To date, all provincial-level regions have unveiled their growth targets for 2024 in government work reports delivered to people's congresses. Their 2024 GDP growth targets range from 4.5 percent to 8 percent, with the majority expecting to expand economy by over 5 percent. Most of the government work reports explicitly pledged to foster or expand "new productive forces" in their 2024 road maps. First put forward by the Chinese leadership in September 2023, this concept is believed to refer to sci-tech breakthroughs and innovation that drive strategic emerging industries and future industries. For example, Guan

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IMF lowers projections for Egypt's real GDP growth in FY2023/2024

STORY: IMF lowers projections for Egypt's real GDP growth in FY2023/2024 SHOOTING TIME: Earlier footage DATELINE: Jan. 31, 2024 LENGTH: 00:00:52 LOCATION: Cairo CATEGORY: SOCIETY SHOTLIST: 1. various of Central Bank of Egypt 2. various of Egyptian banknotes and U.S. dollars STORYLINE: The International Monetary Fund (IMF) has downgraded its forecasts for Egypt's real GDP growth in the current FY2023/2024 to 3 percent, down from the 3.6 percent it projected in October of 2023. In its updated World Economic Outlook (WEO) report released on Tuesday, the Fund has also lowered its projections for the country's real GDP growth in the incoming FY2024/2025 to 4.7 percent, down from 5 percent it projected in October of 2023. An IMF mission is now in Egypt to discuss a possible additional financing package for the country that is suffering a severely challenging economic situation amid the repercussions of global and regional tensions. Egypt is currently experiencing harsh economic woes, mainly the severe

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Australian universities call for free places for disadvantaged students

STORY: Australian universities call for free places for disadvantaged students SHOOTING TIME: Jan. 29, 2024 DATELINE: Jan. 29, 2024 LENGTH: 00:01:08 LOCATION: Canberra CATEGORY: SOCIETY/EDUCATION SHOTLIST: 1. various of university students on campus 2. various of tutorial rooms in Australian National University (ANU) STORYLINE: The peak body for Australia's universities has urged the government to fund free degrees in areas of skills needed to address workforce shortages. Universities Australia (UA) on Monday published its pre-budget submission to the federal government, making the case for fee-free university places for disadvantaged students to help employers overcome skilled worker shortages. According to the UA, the number of students enrolled in higher education in Australia fell by 5 percent between 2021 and 2022. In order to meet workforce needs for a future where half of new jobs are projected to require a university degree, UA acting chief executive Renee Hindmarsh said higher education partic

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Hong Kong Exchange Fund's 2023 investment income hits 27.22 bln USD

STORY: Hong Kong Exchange Fund's 2023 investment income hits 27.22 bln USD SHOOTING TIME: Jan. 26, 2024 DATELINE: Jan. 27, 2024 LENGTH: 0:01:09 LOCATION: HONG KONG, China CATEGORY: ECONOMY SHOTLIST: 1. various of press conference STORYLINE: Hong Kong's Exchange Fund recorded an investment income of 212.7 billion HK dollars (about 27.22 billion U.S. dollars) in 2023, the Hong Kong Monetary Authority (HKMA) said Friday. The main components include gains on bonds of 144 billion HK dollars and gains on other equities of 73.2 billion HK dollars. The Exchange Fund recorded an investment return of 5.2 percent in 2023. Specifically, the Investment Portfolio achieved a rate of return of 6.4 percent. The Backing Portfolio gained 5 percent, a post-2009 record high level of return, as a result of higher interest income on the short-term bonds alongside rising bond yields. The Long-Term Growth Portfolio recorded an annualized internal rate of return of 11.8 percent since its inception in 2009 up to the end o

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China will continue to be engine of world economy: BiH expert

STORY: China will continue to be engine of world economy: BiH expert SHOOTING TIME: Jan. 18, 2024 DATELINE: Jan. 20, 2024 LENGTH: 00:02:36 LOCATION: Sarajevo CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): FARUK BORIC, President of Association of Friendship between China and BiH 2. SOUNDBITE 2 (English): FARUK BORIC, President of Association of Friendship between China and BiH STORYLINE: China's GDP growth grew 5.2 percent year on year in 2023, meeting the government's target of around 5 percent despite domestic challenges and external pressure. An expert of Bosnia and Herzegovina (BiH) has highlighted the resilience of the Chinese economy, noting that it will continue to be the engine of the world economy. SOUNDBITE (English): FARUK BORIC, President of Association of Friendship between China and BiH "Last year it was, generally speaking in global level, very challenging for all world. And of course, China faced also some challenges. The Chinese government took a lot of measures to maintain a perma

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XINHUA PHOTOS OF THE DAY

(240118) -- BEIJING, Jan. 18, 2024 (Xinhua) -- A woman works at an enterprise producing net and rope products in Lizhuang Town of Huimin County, east China's Shandong Province, Nov. 22, 2023. China's gross domestic product (GDP) posted a growth of 5.2 percent year on year in 2023, higher than the annual target of around 5 percent, data from the National Bureau of Statistics (NBS) showed Wednesday. (Xinhua/Guo Xulei)

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CHINA-ECONOMY-GDP-GROWTH (CN)

(240117) -- BEIJING, Jan. 17, 2024 (Xinhua) -- A woman works at an enterprise producing net and rope products in Lizhuang Town of Huimin County, east China's Shandong Province, Nov. 22, 2023. China's gross domestic product (GDP) posted a growth of 5.2 percent year on year in 2023, higher than the annual target of around 5 percent, data from the National Bureau of Statistics (NBS) showed Wednesday. The country's GDP reached a record of 126.06 trillion yuan (about 17.71 trillion U.S. dollars) in 2023, the NBS data showed. (Xinhua/Guo Xulei)

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CHINA-ECONOMY-GDP-GROWTH (CN)

(240117) -- BEIJING, Jan. 17, 2024 (Xinhua) -- An employee works at a wheel loader assembly line of a Develon subsidiary in Yantai, east China's Shandong Province, Dec. 26, 2023. China's gross domestic product (GDP) posted a growth of 5.2 percent year on year in 2023, higher than the annual target of around 5 percent, data from the National Bureau of Statistics (NBS) showed Wednesday. The country's GDP reached a record of 126.06 trillion yuan (about 17.71 trillion U.S. dollars) in 2023, the NBS data showed. (Xinhua/Guo Xulei)

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CHINA-ECONOMY-GDP-GROWTH (CN)

(240117) -- BEIJING, Jan. 17, 2024 (Xinhua) -- A staff member works at a chip manufacturing plant in a high-tech industry park in Juye County, east China's Shandong Province, Nov. 30, 2023. China's gross domestic product (GDP) posted a growth of 5.2 percent year on year in 2023, higher than the annual target of around 5 percent, data from the National Bureau of Statistics (NBS) showed Wednesday. The country's GDP reached a record of 126.06 trillion yuan (about 17.71 trillion U.S. dollars) in 2023, the NBS data showed. (Xinhua/Guo Xulei)

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Chinese economy beats 2023 growth targets with GDP reaching new level

STORY: Chinese economy beats 2023 growth targets with GDP reaching new level SHOOTING TIME: Jan. 16, 2024/file DATELINE: Jan. 17, 2024 LENGTH: 00:01:47 LOCATION: BEIJING/SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE 1 (English): ZHOU HAO, Chief Economist, Guotai Junan Securities Co., Ltd. 3. various of China 4. SOUNDBITE 2 (English): JEROME GRAY, President Global Marketing Premium Chocolate, Ferrero STORYLINE: China's gross domestic product (GDP) posted a growth of 5.2 percent year on year in 2023, higher than the annual target of around 5 percent, data from the National Bureau of Statistics (NBS) showed Wednesday. The country's GDP reached a record of 126.06 trillion yuan (about 17.71 trillion U.S. dollars) in 2023. SOUNDBITE 1 (English): ZHOU HAO, Chief Economist, Guotai Junan Securities Co., Ltd. "The year of 2023 is important for the Chinese economy. We see that the overall consumption has been leading the economic recovery since Q1 in 2023. In the meantime, the invest

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China's GDP expands 5.2 pct in 2023, surpassing annual target

STORY: China's GDP expands 5.2 pct in 2023, surpassing annual target SHOOTING TIME: Jan. 17, 2024 DATELINE: Jan. 17, 2024 LENGTH: 00:00:17 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (Chinese): KANG YI, Head of the National Bureau of Statistics STORYLINE: China's gross domestic product (GDP) posted a growth of 5.2 percent year on year in 2023, higher than the annual target of around 5 percent, data from the National Bureau of Statistics (NBS) showed Wednesday. SOUNDBITE (Chinese): KANG YI, Head of the National Bureau of Statistics "According to preliminary estimates, the gross domestic product (GDP) was 126,058.2 billion yuan in 2023, an increase of 5.2 percent over the previous year at constant prices." Preliminary calculations show that the gross domestic product (GDP) for the whole year was 126.0582 trillion yuan, an increase of 5.2% over the previous year at constant prices. Xinhua News Agency correspondents reporting from Beijing. (XHTV)