China's new bank loans surge, boosting growth prospects

STORY: China's new bank loans surge, boosting growth prospects DATELINE: Feb. 10, 2023 LENGTH: 00:01:36 LOCATION: Beijing CATEGORY: SOCIETY SHOTLIST: 1. various of views of China 2. SOUNDBITE 1 (English): THOMAS HELBLING, Deputy Director of the IMF's Asia and Pacific Department 3. SOUNDBITE 2 (English): LIANG GUOYONG, Senior economist with United Nations Conference on Trade and Development STORYLINE: According to the People's Bank of China, the country's new yuan-denominated loans totaled 4.9 trillion yuan (721.82 billion U.S. dollars) in January, up by 922.7 billion yuan from the same period last year. Meanwhile, the total outstanding yuan deposits stood at 265.39 trillion yuan, up 12.4 percent year on year. In January, the purchasing managers' index (PMI) for China's manufacturing sector came in at 50.1, returning to expansion territory after three consecutive months of contraction. The encouraging indicators bespeak a faster-than-expected recovery of China's economy. The International Monetary Fund

China's economy to remain resilient growth: experts

STORY: China's economy to remain resilient growth: experts DATELINE: Dec. 17, 2022 LENGTH: 00:01:36 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China's exports and cityscape 2. SOUNDBITE 1 (English): ROSE RONO, International trade expert based in Kenya 3. various of exports 4. SOUNDBITE 2 (English): COSKUN KUCUKOZMEN, Professor of Trade and Finance, Izmir University of Economics, Türkiye 5. various of exports 6. SOUNDBITE 3 (English): LIANG GUOYONG, Senior economist with United Nations Conference on Trade and Development STORYLINE: The Chinese economy has maintained resilient growth in the first 11 months of 2022. Official data show that the world's second-largest economy saw a steady expansion in fixed-asset investment, industrial output and online retail sales, among others, in the January-November period. Experts say that China's economy has shown resilience and have expressed optimism about China's growth prospects in the coming year. SOUNDBITE 1 (English): ROSE RONO, International t

Chinese carmaker launches electric car in Indonesia

STORY: Chinese carmaker launches electric car in Indonesia DATELINE: Aug. 9, 2022 LENGTH: 00:01:06 LOCATION: BEKASI, Indonesia CATEGORY: ECONOMY SHOTLIST: 1. various of ceremony 2. various of Indonesia's Coordinating Minister for Economic Affairs Airlangga Hartarto giving speech 3. various of the launching ceremony 4. various of car promotion video 5. various of audiences 6. various of car STORYLINE: Major Chinese automobile manufacturer SAIC-GM-Wuling (SGMW) on Monday launched its production of an electric vehicle in Indonesia, named Wuling Air EV, through its local unit SGMW Motor Indonesia (Wuling). "The Air EV is the newest version of battery-based electric vehicles manufactured by SGMW for the world, and Indonesia has become the first station," President Director of Wuling, Shi Guoyong, said in the roll-out ceremony at Wuling's production factory in Bekasi, West Java province. The production capacity of Wuling Air EV at the factory is targeted to reach 10,000 units per year for both the domestic mar

(BEIJING 2022) CHINA-BEIJING-OLYMPIC TORCH RELAY (CN)

(BEIJING 2022) CHINA-BEIJING-OLYMPIC TORCH RELAY (CN)

(220202) -- BEIJING, Feb. 2, 2022 (Xinhua) -- Torch bearer An Guoyong runs with the torch during the Beijing 2022 Olympic Torch Relay at Shougang Park in Beijing, capital of China, Feb. 2, 2022. (Xinhua/Li Xin)