Robust, diverse New Year consumption points to China's economic vitality

STORY: Robust, diverse New Year consumption points to China's economic vitality SHOOTING TIME: Recent footage DATELINE: Jan. 2, 2024 LENGTH: 00:01:47 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE 1 (Chinese): WANG FENG, General manager, Sanshuiyuan eco-tourism resort in Shandong 3. SOUNDBITE 2 (Chinese): Tourist STORYLINE: During the past three-day New Year holiday, China has witnessed strong consumption performances in multiple sectors including transport, tourism, catering, and retail sales. According to the Ministry of Transport, passenger volume handled by China's transport network during the New Year holiday is projected to hit over 128 million trips, up 78.4 percent from a year ago. Statistics show that a total of 135 million domestic trips were made within China during the New Year holiday, up 155.3 percent over the same period last year and up 9.4 percent over the figure from 2019. During the period, the total revenue in China's tourist market surpassed 79.73

Lower natural gas exports widen Egypt's trade deficit by 4.3 pct in May

STORY: Lower natural gas exports widen Egypt's trade deficit by 4.3 pct in May DATELINE: Aug. 9, 2023 LENGTH: 00:01:03 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of CAPMAS 2. various of ships loaded with containers 3. various of gas field 4. various of wheat shipments at a port STORYLINE: Egypt's trade deficit rose by 4.3 percent to 3.74 billion U.S. dollars in May, compared to 3.57 billion U.S. dollars in the same month last year, according to the Central Agency for Public Mobilization and Statistics (CAPMAS) on Tuesday. CAPMAS ascribed the considerable decline in total exports to plunges in exports of natural gas (69.7 percent) and a surge in wheat imports (92.5 percent). Egypt's exports dropped 20.9 percent to 3.38 billion U.S. dollars in May, compared to 4.28 billion U.S. dollars a year earlier. Over the same time period, Egypt's total imports declined by 9.4 percent to 7.12 billion U.S. dollars. Egypt's trade deficit surged 23.8 percent in April over the same month in 2022, driven by

Tokyo stock market's last trading day of 2022

Tokyo stock market's last trading day of 2022

A financial data board at the Tokyo Stock Exchange shows the closing price of the 225-issue Nikkei Stock Average (R, top) on the final trading day of the year on Dec. 30, 2022, down 9.4 percent from Dec. 30, 2021, for the first yearly fall in four years.

Tokyo stock market's last trading day of 2022

Tokyo stock market's last trading day of 2022

A financial data board at the Tokyo Stock Exchange shows the closing price of the 225-issue Nikkei Stock Average (upper R) on the final trading day of the year on Dec. 30, 2022, down 9.4 percent from Dec. 30, 2021, for the first yearly fall in four years.

UK inflation hits fresh new high of 10.1 pct in July

STORY: UK inflation hits fresh new high of 10.1 pct in July DATELINE: August 19, 2022 LENGTH: 0:04:58 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. various of the Bank of England 2. various of streets in London, Edinburgh, Glasgow 3. SOUNDBITE 1 (English): ANJALI SANGWAN, London resident 4. SOUNDBITE 2 (English): LISA O'NEILL, Resident in Cheshire near Liverpool 5. SOUNDBITE 3 (English): PATRICK DIAMOND, Professor of public policy at Queen Mary University of London STORYLINE: Britain's Consumer Prices Index (CPI) surged by 10.1 percent in the 12 months to July, the highest level in 40 years, official statistics showed Wednesday. The latest inflation rate was a further increase from 9.4 percent in June and beat economists' forecast of 9.8 percent. Grant Fitzner, chief economist at the Office for National Statistics, said a wide range of price rises drove inflation up again in July. Food prices rose notably, particularly bakery products, dairy, meat, and vegetables, which was also reflected in higher take

Britain's inflation hits fresh 40-year high as fuel, food prices surge

STORY: Britain's inflation hits fresh 40-year high as fuel, food prices surge DATELINE: July 21, 2022 LENGTH: 00:01:34 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): NIKKI, London resident 2. SOUNDBITE 2 (English): PAULA, London resident 3. Various of a petrol station in Edinburgh in June 4. Various of streets in Edinburgh 5. Various of streets in Glasgow 6. Various of London skyline 7. Various of streets in London STORYLINE: Official statistics showed on Wednesday, amid rising prices for motor fuels and food, Britain's Consumer Prices Index (CPI) rose by 9.4 percent in the 12 months to June, hitting a fresh 40-year high. According to the Office for National Statistics, on a monthly basis, the country's CPI rose by 0.8 percent in June 2022, compared with a rise of 0.5 percent in June 2021. SOUNDBITE 1 (English): NIKKI, London resident (Are you seeing the price is going (up) really quickly?) Yes, yes. (Which part of the cost?) Electricity is the main one for most people. So electri

China's foreign trade surges despite COVID-19 jitters, trade outlook still resilient

STORY: China's foreign trade surges despite COVID-19 jitters, trade outlook still resilient DATELINE: July 13, 2022 LENGTH: 00:02:16 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of general views 2. SOUNDBITE 1 (Chinese/English interpretation): LI KUIWEN, Spokesperson for the General Administration of Customs 3. SOUNDBITE 2 (English): NITIN KARAMCHANDANI, Indian businessman in Xiamen 4. SOUNDBITE 3 (English): JON PENRICE, President of Dow for Asia Pacific 5. SOUNDBITE 4 (English): NICOLAS POIROT, President and CEO for China unit of Air Liquide STORYLINE: China's foreign trade of goods jumped 9.4 percent year on year to 19.8 trillion yuan (about 2.94 trillion U.S. dollars) during the first half of the year. According to the General Administration of Customs (GAC), exports rose 13.2 percent year on year, while imports increased 4.8 percent from a year ago. SOUNDBITE 1 (Chinese/English interpretation): LI KUIWEN, Spokesperson for the General Administration of Customs "In the first half of this ye

CHINA-HAINAN-DUTY FREE SALES (CN)

CHINA-HAINAN-DUTY FREE SALES (CN)

(220103) -- HAIKOU, Jan. 3, 2022 (Xinhua) -- Customers smell perfumes in a duty-free shop in Haikou, capital of south China's Hainan Province, Jan. 3, 2022. Offshore duty-free sales in south China's island province of Hainan reached 60.2 billion yuan (about 9.4 billion U.S. dollars) in 2021, an increase of 84 percent year on year, said the provincial department of commerce. Three more duty-free shops opened last year in Hainan, raising the total number to 10. The duty-free shops host more than 720 brands in a total shopping area of 220,000 square meters. (Xinhua/Guo Cheng)

CHINA-HAINAN-DUTY FREE SALES (CN)

CHINA-HAINAN-DUTY FREE SALES (CN)

(220103) -- HAIKOU, Jan. 3, 2022 (Xinhua) -- Customers try electronic products in a duty-free shop in Haikou, capital of south China's Hainan Province, Jan. 3, 2022. Offshore duty-free sales in south China's island province of Hainan reached 60.2 billion yuan (about 9.4 billion U.S. dollars) in 2021, an increase of 84 percent year on year, said the provincial department of commerce. Three more duty-free shops opened last year in Hainan, raising the total number to 10. The duty-free shops host more than 720 brands in a total shopping area of 220,000 square meters. (Xinhua/Guo Cheng)

CHINA-HAINAN-DUTY FREE SALES (CN)

CHINA-HAINAN-DUTY FREE SALES (CN)

(220103) -- HAIKOU, Jan. 3, 2022 (Xinhua) -- A customer tries cosmetic products in a duty-free shop in Haikou, capital of south China's Hainan Province, Jan. 3, 2022. Offshore duty-free sales in south China's island province of Hainan reached 60.2 billion yuan (about 9.4 billion U.S. dollars) in 2021, an increase of 84 percent year on year, said the provincial department of commerce. Three more duty-free shops opened last year in Hainan, raising the total number to 10. The duty-free shops host more than 720 brands in a total shopping area of 220,000 square meters. (Xinhua/Guo Cheng)

CHINA-HAINAN-DUTY FREE SALES (CN)

CHINA-HAINAN-DUTY FREE SALES (CN)

(220103) -- HAIKOU, Jan. 3, 2022 (Xinhua) -- A customer views a watch in a duty-free shop in Haikou, capital of south China's Hainan Province, Jan. 3, 2022. Offshore duty-free sales in south China's island province of Hainan reached 60.2 billion yuan (about 9.4 billion U.S. dollars) in 2021, an increase of 84 percent year on year, said the provincial department of commerce. Three more duty-free shops opened last year in Hainan, raising the total number to 10. The duty-free shops host more than 720 brands in a total shopping area of 220,000 square meters. (Xinhua/Guo Cheng)

CHINA-HAINAN-DUTY FREE SALES (CN)

CHINA-HAINAN-DUTY FREE SALES (CN)

(220103) -- HAIKOU, Jan. 3, 2022 (Xinhua) -- A customer pays via a mobile phone in a duty-free shop in Haikou, capital of south China's Hainan Province, Jan. 3, 2022. Offshore duty-free sales in south China's island province of Hainan reached 60.2 billion yuan (about 9.4 billion U.S. dollars) in 2021, an increase of 84 percent year on year, said the provincial department of commerce. Three more duty-free shops opened last year in Hainan, raising the total number to 10. The duty-free shops host more than 720 brands in a total shopping area of 220,000 square meters. (Xinhua/Guo Cheng)

CHINA-HAINAN-DUTY FREE SALES (CN)

CHINA-HAINAN-DUTY FREE SALES (CN)

(220103) -- HAIKOU, Jan. 3, 2022 (Xinhua) -- Customers pay for products in a duty-free shop in Haikou, capital of south China's Hainan Province, Jan. 3, 2022. Offshore duty-free sales in south China's island province of Hainan reached 60.2 billion yuan (about 9.4 billion U.S. dollars) in 2021, an increase of 84 percent year on year, said the provincial department of commerce. Three more duty-free shops opened last year in Hainan, raising the total number to 10. The duty-free shops host more than 720 brands in a total shopping area of 220,000 square meters. (Xinhua/Guo Cheng)