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

MOF bureau chief resigns

MOF bureau chief resigns

Atsushi Nagano, chief of the Securities Bureau at the Ministry of Finance, is surrounded by reporters after turning in his resignation April 27. Nagano took the action after being punished for being excessively wined and dined by brokerage houses.

LeTV Fined

LeTV Fined

A video interface of the APP Letv is displayed on a mobile phone, Yichang, central China's Hubei Province, April 12, 2021. The Beijing Securities Regulatory Bureau fined LeTV a total of 240 million yuan and Jia Yueting 241 million yuan for making false financial statements for 10 years from 2007 to 2016, LeTV said in a statement.

LeTV Fined

LeTV Fined

A video interface of the APP Letv is displayed on a mobile phone, Yichang, central China's Hubei Province, April 12, 2021. The Beijing Securities Regulatory Bureau fined LeTV a total of 240 million yuan and Jia Yueting 241 million yuan for making false financial statements for 10 years from 2007 to 2016, LeTV said in a statement.

LeTV Fined

LeTV Fined

A video interface of the APP Letv is displayed on a mobile phone, Yichang, central China's Hubei Province, April 12, 2021. The Beijing Securities Regulatory Bureau fined LeTV a total of 240 million yuan and Jia Yueting 241 million yuan for making false financial statements for 10 years from 2007 to 2016, LeTV said in a statement.

LeTV Fined

LeTV Fined

A video interface of the APP Letv is displayed on a mobile phone, Yichang, central China's Hubei Province, April 12, 2021. The Beijing Securities Regulatory Bureau fined LeTV a total of 240 million yuan and Jia Yueting 241 million yuan for making false financial statements for 10 years from 2007 to 2016, LeTV said in a statement.

LeTV Fined

LeTV Fined

A video interface of the APP Letv is displayed on a mobile phone, Yichang, central China's Hubei Province, April 12, 2021. The Beijing Securities Regulatory Bureau fined LeTV a total of 240 million yuan and Jia Yueting 241 million yuan for making false financial statements for 10 years from 2007 to 2016, LeTV said in a statement.

MOF bureau chief resigns

MOF bureau chief resigns

Atsushi Nagano, chief of the Securities Bureau at the Ministry of Finance, is surrounded by reporters after turning in his resignation April 27. Nagano took the action after being punished for being excessively wined and dined by brokerage houses.