China's high-quality development brings more opportunities, says int'l business leaders in Shanghai

STORY: China's high-quality development brings more opportunities, says int'l business leaders in Shanghai DATELINE: Oct. 16, 2023 LENGTH: 00:02:23 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of views in Shanghai 2. various of the event 3. SOUNDBITE 1 (English): JACOB WALLENBERG, Chair of the Board of Investor AB 4. SOUNDBITE 2 (English): MIGUEL LOPEZ, CEO of Thyssenkrupp AG 5. SOUNDBITE 3 (English): PIYUSH GUPTA, CEO of DBS Group 6. SOUNDBITE 4 (English): MICHEL DOUKERIS, Global CEO of Anheuser-Busch InBev STORYLINE: China's high-quality development and dual carbon goals will bring more market opportunities and drive sound economic development, according to international business leaders attending the 2023 International Business Leaders' Advisory Council for the Mayor of Shanghai (IBLAC) on Sunday. The event drew a total of 30 entrepreneurs from leading multinationals. SOUNDBITE 1 (English): JACOB WALLENBERG, Chair of the Board of Investor AB "As we all know, China is the world's se

India's forex reserves decline to 593.48 bln USD in May

STORY: India's forex reserves decline to 593.48 bln USD in May DATELINE: May 28, 2023 LENGTH: 00:01:19 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. shot of India gate 2. shots of Reserve Bank of India (RBI) building 3. shots of market area STORYLINE: India's foreign exchange reserves declined by 6.05 billion U.S. dollars during the week ended May 19 to 593.48 billion U.S. dollars, showed the latest data released by the Reserve Bank of India. This situation came after three consecutive weeks seeing the forex reserves rise. In the previous week ended May 12, India's forex reserves rose by 3.55 billion U.S. dollars to reach 599.53 billion U.S. dollars, according to the country's central bank. Earlier this week Commerce and Industry Minister Piyush Goyal said India was in a "comfortable" position for the next five to six years in terms of its forex reserves. "In the worst case, with whatever difficulties anybody may have, India is comfortable for the next five or six years, given (that) o

India's annual exports cross 750 bln USD: minister

STORY: India's annual exports cross 750 bln USD: minister DATELINE: March 30, 2023 LENGTH: 00:01:24 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. shots of India gate 2. shots of government buildings 3. shots of the wholesale market area 4. shots of export containers STORYLINE: India's overall exports crossed an all-time high of 750 billion U.S. dollars in the current financial year 2022-23, said the Federal Commerce and Industry Minister Piyush Goyal on Tuesday. According to the minister, India's overall exports have grown by nearly 250 billion dollars during the past three years. "The exports have risen from 500 billion dollars in 2020-2021 to this figure in extremely challenging times," Goyal said at the annual session of the Associated Chambers of Commerce and Industry of India. India aims to become a self-reliant nation, and "making India self-reliant is not about closing doors but about opening them wider," he added. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)