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Chinese economy off to robust start as recovery gains traction

STORY: Chinese economy off to robust start as recovery gains traction SHOOTING TIME: recent DATELINE: March 18, 2024 LENGTH: 00:01:07 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the views of production in China 2. SOUNDBITE (Chinese): LIU AIHUA, NBS spokesperson STORYLINE: China's major economic indicators unveiled Monday demonstrated that the country's economic performance continued to improve in the first two months of the year. According to the National Bureau of Statistics (NBS), China's retail sales of consumer goods, a major indicator of the country's consumption strength, climbed 5.5 percent year on year in the first two months of 2024. The value-added industrial output rose 7 percent year on year during the January-February period, accelerating from a rise of 6.8 percent registered in December 2023. Fixed-asset investment grew 4.2 percent year on year, quickening from an increase of 3 percent recorded in 2023. SOUNDBITE (Chinese): LIU AIHUA, NBS spokesperson "Although the environ

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Russia's economy outpaced G7 countries in 2023: Putin

STORY: Russia's economy outpaced G7 countries in 2023: Putin SHOOTING TIME: Feb. 29, 2024 DATELINE: March 1, 2024 LENGTH: 00:00:39 LOCATION: Moscow CATEGORY: ECONOMY SHOTLIST: 1. various of the conference 2. SOUNDBITE (Russian): VLADIMIR PUTIN, Russian President STORYLINE: The Russian economy grew at a higher rate compared to the global average, and the country has surpassed G7 nations in economic growth, Russian President Vladimir Putin said Thursday during his annual address to the Federal Assembly. SOUNDBITE (Russian): VLADIMIR PUTIN, Russian President "Last year, the Russian economy grew at a higher rate than the world (economy). For this indicator, we were not only ahead of the European Union's leading countries, but also the G7 nations." Putin announced earlier in February that the country's GDP grew by 3.6 percent in 2023 during a government meeting on economic issues. During the annual address, the Russian leader also said that the number of Russians living below the poverty line decreased to 13

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China's economic growth defies Western naysayers

STORY: China's economic growth defies Western naysayers DATELINE: Sept. 20, 2023 LENGTH: 00:03:19 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of street views in China 2. SOUNDBITE 1 (English): HARLEY SEYEDIN, President of American Chamber of Commerce in South China 3. various of street views in China 4. SOUNDBITE 2 (English): BENOIT BAZIN, CEO of Saint-Gobain Group 5. SOUNDBITE 3 (English): WALTER BENZ, President of Big Dutchman China 6. various of industries in China 7. SOUNDBITE 4 (English): NIREN ANAND, Indian businessman 8. SOUNDBITE 5 (English): CARL FEY, Professor, BI Norwegian Business School STORYLINE: Data from the National Bureau of Statistics showed Friday that China's retail sales of consumer goods, a major indicator of consumption strength, went up 4.6 percent year on year in August, 2.1 percentage points faster than the previous month. When some in the West once again bad-mouthed China's economy, international observers say otherwise. Seeing the rosy picture of the country's

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Experts at Boao Forum for Asia share views on China's economic growth

STORY: Experts at Boao Forum for Asia share views on China's economic growth DATELINE: March 30, 2023 LENGTH: 00:03:18 LOCATION: BOAO, China CATEGORY: ECONOMY SHOTLIST: 1. STANDUP (English): HONG LIANG, Xinhua correspondent 2. SOUNDBITE 1 (English): JIM YONG KIM, Partner and Vice Chairman of Global Infrastructure Partners, 12th President of the World Bank Group 3. SOUNDBITE 2 (English): MARTIN JACQUES, Senior Fellow, Cambridge University 4. SOUNDBITE 3 (English): FEY CARL, Professor of BI Norwegian Business School 5. SOUNDBITE 4 (English): BEN SIMPFENDORFER, Partner, Oliver Wyman STORYLINE: STANDUP (English): HONG LIANG, Xinhua correspondent "China's economy is seeing a palpable recovery in the early stages of 2023 with multiple highlights. China's value-added industrial output, an important economic indicator on the supply side, went up 2.4 percent year on year in the first two months of 2023. On the demand side, the retail sales of consumer goods rose 3.5 percent year on year during the same period. What

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U.S.-CPI-OCTOBER-RISE

(221111) -- WASHINGTON, D.C., Nov. 11, 2022 (Xinhua) -- This photo taken on Nov. 10, 2022 shows streets during rush hour in Washington, D.C., the United States. The U.S. consumer price index (CPI), a widely watched inflation indicator, cooled somewhat in October, sending U.S. markets surging. The index climbed less than expected, signaling that while inflation remains a major economic threat, it might start receding. (Xinhua/Liu Jie)

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U.S.-CPI-OCTOBER-RISE

(221111) -- WASHINGTON, D.C., Nov. 11, 2022 (Xinhua) -- The National Mall is seen in Washington, D.C., the United States, Nov. 10, 2022. The U.S. consumer price index (CPI), a widely watched inflation indicator, cooled somewhat in October, sending U.S. markets surging. The index climbed less than expected, signaling that while inflation remains a major economic threat, it might start receding. (Xinhua/Liu Jie)

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U.S.-CPI-OCTOBER-RISE

(221111) -- WASHINGTON, D.C., Nov. 11, 2022 (Xinhua) -- The U.S. Capitol building is seen in Washington, D.C. Nov. 10, 2022. The U.S. consumer price index (CPI), a widely watched inflation indicator, cooled somewhat in October, sending U.S. markets surging. The index climbed less than expected, signaling that while inflation remains a major economic threat, it might start receding. (Xinhua/Liu Jie)

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China's retail sales up 5.4 pct in August

STORY: China's retail sales up 5.4 pct in August DATELINE: Sept. 16, 2022 LENGTH: 00:00:34 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: various of the press conference STORYLINE: China's retail sales of consumer goods went up 5.4 percent year on year in August. That's according to data revealed by the National Bureau of Statistics (NBS) on Friday. The growth quickened from a 2.7 percent increase registered in July. Meanwhile, in the first eight months of this year, China's value-added industrial output, an important economic indicator, went up 3.6 percent year on year. And in August, China's surveyed urban unemployment rate stood at 5.3 percent, down from 5.4 percent in July. Xinhua News Agency correspondents reporting from Beijing. (XHTV)

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CHINA-HEILONGJIANG-INDUSTRY (CN)

(220508) -- HARBIN, May 8, 2022 (Xinhua) -- A worker is busy in a workshop of Dongan Auto Engine Co., Ltd. in Harbin, northeast China's Heilongjiang Province, April 15, 2022. The local economy in Heilongjiang continued to recover amid stronger growth momentum in the first quarter. Heilongjiang's value-added industrial output, an important economic indicator, went up 8.1 percent year on year in the first quarter of this year. (Xinhua/Wang Jianwei)

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CHINA-HEILONGJIANG-INDUSTRY (CN)

(220508) -- HARBIN, May 8, 2022 (Xinhua) -- A worker is busy in a workshop of Dongan Auto Engine Co., Ltd. in Harbin, northeast China's Heilongjiang Province, April 15, 2022. The local economy in Heilongjiang continued to recover amid stronger growth momentum in the first quarter. Heilongjiang's value-added industrial output, an important economic indicator, went up 8.1 percent year on year in the first quarter of this year. (Xinhua/Wang Jianwei)

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CHINA-HEILONGJIANG-INDUSTRY (CN)

(220508) -- HARBIN, May 8, 2022 (Xinhua) -- Workers are busy in a workshop of Harbin Turbine Company Ltd. of Harbin Electric Corporation in Harbin, northeast China's Heilongjiang Province, May 7, 2022. The local economy in Heilongjiang continued to recover amid stronger growth momentum in the first quarter. Heilongjiang's value-added industrial output, an important economic indicator, went up 8.1 percent year on year in the first quarter of this year. (Xinhua/Wang Jianwei)

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CHINA-HEILONGJIANG-INDUSTRY (CN)

(220508) -- HARBIN, May 8, 2022 (Xinhua) -- A worker is busy in a workshop of Harbin Turbine Company Ltd. of Harbin Electric Corporation in Harbin, northeast China's Heilongjiang Province, May 7, 2022. The local economy in Heilongjiang continued to recover amid stronger growth momentum in the first quarter. Heilongjiang's value-added industrial output, an important economic indicator, went up 8.1 percent year on year in the first quarter of this year. (Xinhua/Wang Jianwei)

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CHINA-HEILONGJIANG-INDUSTRY (CN)

(220508) -- HARBIN, May 8, 2022 (Xinhua) -- Workers are busy in a workshop of Dongan Auto Engine Co., Ltd. in Harbin, northeast China's Heilongjiang Province, April 15, 2022. The local economy in Heilongjiang continued to recover amid stronger growth momentum in the first quarter. Heilongjiang's value-added industrial output, an important economic indicator, went up 8.1 percent year on year in the first quarter of this year. (Xinhua/Wang Jianwei)

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CHINA-HEILONGJIANG-INDUSTRY (CN)

(220508) -- HARBIN, May 8, 2022 (Xinhua) -- Workers are busy in a workshop of Harbin Electric Machinery Company Ltd. of Harbin Electric Corporation in Harbin, northeast China's Heilongjiang Province, May 1, 2022. The local economy in Heilongjiang continued to recover amid stronger growth momentum in the first quarter. Heilongjiang's value-added industrial output, an important economic indicator, went up 8.1 percent year on year in the first quarter of this year. (Xinhua/Xie Jianfei)

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CHINA-HEILONGJIANG-INDUSTRY (CN)

(220508) -- HARBIN, May 8, 2022 (Xinhua) -- A worker is busy in a workshop of Harbin Turbine Company Ltd. of Harbin Electric Corporation in Harbin, northeast China's Heilongjiang Province, May 7, 2022. The local economy in Heilongjiang continued to recover amid stronger growth momentum in the first quarter. Heilongjiang's value-added industrial output, an important economic indicator, went up 8.1 percent year on year in the first quarter of this year. (Xinhua/Wang Jianwei)

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CHINA-HEILONGJIANG-INDUSTRY (CN)

(220508) -- HARBIN, May 8, 2022 (Xinhua) -- A worker is busy in a workshop of Harbin Electric Machinery Company Ltd. of Harbin Electric Corporation in Harbin, northeast China's Heilongjiang Province, May 1, 2022. The local economy in Heilongjiang continued to recover amid stronger growth momentum in the first quarter. Heilongjiang's value-added industrial output, an important economic indicator, went up 8.1 percent year on year in the first quarter of this year. (Xinhua/Xie Jianfei)

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CHINA-HEILONGJIANG-INDUSTRY (CN)

(220508) -- HARBIN, May 8, 2022 (Xinhua) -- A worker is busy in a workshop of Harbin Electric Machinery Company Ltd. of Harbin Electric Corporation in Harbin, northeast China's Heilongjiang Province, May 1, 2022. The local economy in Heilongjiang continued to recover amid stronger growth momentum in the first quarter. Heilongjiang's value-added industrial output, an important economic indicator, went up 8.1 percent year on year in the first quarter of this year. (Xinhua/Xie Jianfei)

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CHINA-VALUE-ADDED INDUSTRIAL OUTPUT(CN)

(220315) -- JINAN, March 15, 2022 (Xinhua) -- Container trucks deliver containers at Rizhao Port in Rizhao, east China's Shandong Province, Jan. 26, 2022. China's value-added industrial output, an important economic indicator, went up 7.5 percent year on year in the first two months of this year, data from the National Bureau of Statistics (NBS) showed Tuesday. (Xinhua/Guo Xulei)

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CHINA-VALUE-ADDED INDUSTRIAL OUTPUT(CN)

(220315) -- JINAN, March 15, 2022 (Xinhua) -- A staff member works on an assembly line at a farm machinery manufacturing company in Jining City, east China's Shandong Province, Feb. 15, 2022. China's value-added industrial output, an important economic indicator, went up 7.5 percent year on year in the first two months of this year, data from the National Bureau of Statistics (NBS) showed Tuesday. (Xinhua/Guo Xulei)

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CHINA-VALUE-ADDED INDUSTRIAL OUTPUT(CN)

(220315) -- JINAN, March 15, 2022 (Xinhua) -- Aerial photo taken on Jan. 26, 2022 shows Rizhao Port in operation in Rizhao, east China's Shandong Province. China's value-added industrial output, an important economic indicator, went up 7.5 percent year on year in the first two months of this year, data from the National Bureau of Statistics (NBS) showed Tuesday. (Xinhua/Guo Xulei)

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CHINA-VALUE-ADDED INDUSTRIAL OUTPUT(CN)

(220315) -- JINAN, March 15, 2022 (Xinhua) -- Aerial photo taken on Jan. 26, 2022 shows Rizhao Port in operation in Rizhao, east China's Shandong Province. China's value-added industrial output, an important economic indicator, went up 7.5 percent year on year in the first two months of this year, data from the National Bureau of Statistics (NBS) showed Tuesday. (Xinhua/Guo Xulei)

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CHINA-VALUE-ADDED INDUSTRIAL OUTPUT(CN)

(220315) -- JINAN, March 15, 2022 (Xinhua) -- Staff members work on an assembly line at a farm machinery manufacturing company in Jining City, east China's Shandong Province, Feb. 15, 2022. China's value-added industrial output, an important economic indicator, went up 7.5 percent year on year in the first two months of this year, data from the National Bureau of Statistics (NBS) showed Tuesday. (Xinhua/Guo Xulei)

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CHINA-VALUE-ADDED INDUSTRIAL OUTPUT(CN)

(220315) -- JINAN, March 15, 2022 (Xinhua) -- Staff members work on an assembly line at a farm machinery manufacturing company in Jining City, east China's Shandong Province, Feb. 15, 2022. China's value-added industrial output, an important economic indicator, went up 7.5 percent year on year in the first two months of this year, data from the National Bureau of Statistics (NBS) showed Tuesday. (Xinhua/Guo Xulei)