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Ffirst Beijing International Science Festival

BEIJING, CHINA - AUGUST 8, 2024 - A child experiences the "thermal expansion and cold contraction experiment" at the first Beijing International Science Festival in Beijing, China, August 8, 2024.

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Japan's economy contracts annualized 2 pct in January-March

STORY: Japan's economy contracts annualized 2 pct in January-March SHOOTING TIME: April 30 & May 4, 2024 DATELINE: May 16, 2024 LENGTH: 00:02:42 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo 2. various of banks in Tokyo STORYLINE: Japan's economy shrank by an annualized 2.0 percent in the January-March period from the prior quarter, marking the first contraction in two quarters amid sluggish consumer spending, the latest GDP figures showed Thursday. Real gross domestic product (GDP) in this year's first quarter, adjusted for inflation, fell 0.5 percent from the previous quarter, according to preliminary data released by the Cabinet Office. Private consumption, which accounts for more than half of Japan's GDP, dropped 0.7 percent. It was the fourth straight quarter of decline, the longest streak since 2009, underscoring sluggish domestic demand. Capital spending fell 0.8 percent, down for the first time in two quarters, as Japanese firms curbed investment in mach

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CHINA-HONG KONG-ECONOMY-Q1-GROWTH (CN)

(230502) -- HONG KONG, May 2, 2023 (Xinhua) -- Tourists visit Tsim Sha Tsui in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

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CHINA-HONG KONG-ECONOMY-Q1-GROWTH (CN)

(230502) -- HONG KONG, May 2, 2023 (Xinhua) -- Tourists visit Tsim Sha Tsui in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

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CHINA-HONG KONG-ECONOMY-Q1-GROWTH (CN)

(230502) -- HONG KONG, May 2, 2023 (Xinhua) -- Tourists take selfies at Victoria Peak in Hong Kong, south China, Feb. 23, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

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CHINA-HONG KONG-ECONOMY-Q1-GROWTH (CN)

(230502) -- HONG KONG, May 2, 2023 (Xinhua) -- Tourists visit the Avenue of Stars in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

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CHINA-HONG KONG-ECONOMY-Q1-GROWTH (CN)

(230502) -- HONG KONG, May 2, 2023 (Xinhua) -- Tourists take selfies at Tsim Sha Tsui in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

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CHINA-HONG KONG-ECONOMY-Q1-GROWTH (CN)

(230502) -- HONG KONG, May 2, 2023 (Xinhua) -- A container barge sails in the Victoria Harbor in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

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CHINA-HONG KONG-ECONOMY-Q1-GROWTH (CN)

(230502) -- HONG KONG, May 2, 2023 (Xinhua) -- Tourists visit the Golden Bauhinia Square in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

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Dutch economy shrinks for 3rd consecutive quarter

STORY: Dutch economy shrinks for 3rd consecutive quarter SHOOTING TIME: Nov. 15, 2023 DATELINE: Nov. 16, 2023 LENGTH: 00:01:00 LOCATION: THE HAGUE, the Netherlands CATEGORY: ECONOMY SHOTLIST: 1. various of street views in the Netherlands STORYLINE: The Dutch economy contracted in the third quarter of 2023, which already was the third quarterly shrinkage of the year, Statistics Netherlands (CBS) said on Tuesday. According to CBS, the gross domestic product (GDP) fell by 0.2 percent in the Q3 of 2023 compared to the previous quarter. The contraction was smaller than in the first two quarters of this year, when the economy shrank by 0.5 and 0.4 percent respectively. The last time the Dutch economy shrank three quarters in a row was during the financial crisis in 2008 and 2009. "Many jobs often disappear during a recession," CBS chief economist Peter Hein van Mulligen explained in a presentation. "That is not the case now. Many jobs were created, 31,000 to be precise compared to the previous quarter. The la

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JAPAN-ECONOMY-QUARTERLY GDP-SHRINKING

(231115) -- TOKYO, Nov. 15, 2023 (Xinhua) -- This photo taken on Nov. 15, 2023 shows people walking past a crossing in Tokyo, Japan. Japan's economy shrank by an annualized rate of 2.1 percent in the July-September period, the government said on Wednesday, marking the first contraction in three quarters. (Xinhua/Zhang Xiaoyu)

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JAPAN-ECONOMY-QUARTERLY GDP-SHRINKING

(231115) -- TOKYO, Nov. 15, 2023 (Xinhua) -- This photo taken on Nov. 14, 2023 shows a harbor in Yokohama, Japan. Japan's economy shrank by an annualized rate of 2.1 percent in the July-September period, the government said on Wednesday, marking the first contraction in three quarters. (Xinhua/Zhang Xiaoyu)

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JAPAN-ECONOMY-QUARTERLY GDP-SHRINKING

(231115) -- TOKYO, Nov. 15, 2023 (Xinhua) -- This photo taken on Nov. 14, 2023 shows a distribution center for automotive foreign trade in Yokohama, Japan. Japan's economy shrank by an annualized rate of 2.1 percent in the July-September period, the government said on Wednesday, marking the first contraction in three quarters. (Xinhua/Zhang Xiaoyu)

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JAPAN-ECONOMY-QUARTERLY GDP-SHRINKING

(231115) -- TOKYO, Nov. 15, 2023 (Xinhua) -- This photo taken on Nov. 14, 2023 shows the skyline of Yokohama in Japan. Japan's economy shrank by an annualized rate of 2.1 percent in the July-September period, the government said on Wednesday, marking the first contraction in three quarters. (Xinhua/Zhang Xiaoyu)

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Indonesia records 5.03 pct GDP growth in Q1

STORY: Indonesia records 5.03 pct GDP growth in Q1 DATELINE: May 6, 2023 LENGTH: 00:01:03 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of city view 2. various of port 3. various of banks STORYLINE: Indonesia posted an economic growth rate of 5.03 percent in the first quarter of 2023, up from 4.02 percent in the same period last year, despite a slowdown in the global economy, according to Statistics Indonesia (BPS) on Friday. The GDP growth recorded minus 0.92 percent on a quarterly basis, a contraction that always takes place in the January-March period, said BPS deputy for balance sheet and statistical analysis Edy Mahmud. "This 5.03 percent indicates the trend of Indonesia's economic growth is still stable," said the official at a press conference. People's movement has increased as a result of the lifting of restrictions on community activities since December 2022, due to the controlled transmission of COVID-19. Between January and March of this year, the transportation secto

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CHINA-HONG KONG-ECONOMY-Q1-GROWTH (CN)

(230502) -- HONG KONG, May 2, 2023 (Xinhua) -- Tourists take selfies at Tsim Sha Tsui in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

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CHINA-HONG KONG-ECONOMY-Q1-GROWTH (CN)

(230502) -- HONG KONG, May 2, 2023 (Xinhua) -- Tourists visit the Golden Bauhinia Square in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

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CHINA-HONG KONG-ECONOMY-Q1-GROWTH (CN)

(230502) -- HONG KONG, May 2, 2023 (Xinhua) -- Tourists take selfies at Victoria Peak in Hong Kong, south China, Feb. 23, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

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CHINA-HONG KONG-ECONOMY-Q1-GROWTH (CN)

(230502) -- HONG KONG, May 2, 2023 (Xinhua) -- Tourists visit Tsim Sha Tsui in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

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CHINA-HONG KONG-ECONOMY-Q1-GROWTH (CN)

(230502) -- HONG KONG, May 2, 2023 (Xinhua) -- A container barge sails in the Victoria Harbor in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

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CHINA-HONG KONG-ECONOMY-Q1-GROWTH (CN)

(230502) -- HONG KONG, May 2, 2023 (Xinhua) -- Tourists visit the Avenue of Stars in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

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CHINA-HONG KONG-ECONOMY-Q1-GROWTH (CN)

(230502) -- HONG KONG, May 2, 2023 (Xinhua) -- Tourists visit Tsim Sha Tsui in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

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China's population shrinks for 1st time in over 60 yrs

Officials of China's National Bureau of Statistics attend a press conference in Beijing on Jan. 17, 2023, to release the country's population data. The population of mainland China reached 1,411.75 million by the end of 2022, down 850,000 from the previous year and marking the first contraction in 61 years.

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China's population shrinks for 1st time in over 60 yrs

An official of China's National Bureau of Statistics attends a press conference in Beijing on Jan. 17, 2023, to release the country's population data. The population of mainland China reached 1,411.75 million by the end of 2022, down 850,000 from the previous year and marking the first contraction in 61 years.

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Japan's economy contracts 0.8% in April-June quarter

TOKYO, Japan - Economics Minister Heizo Takenaka speaks at a news conference Sept. 7 following the release of Japan's preliminary gross domestic product for the April-June quarter. The Japanese economy contracted a real 0.8% in the quarter for the first contraction in three quarters.

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CHINA-INDUSTRIAL PROFITS (CN)

(220627) -- JINAN, June 27, 2022 (Xinhua) -- A worker works on an assembly line at a farm machinery manufacturing company in east China's Shandong Province, Feb. 15, 2022. Profits of China's major industrial companies saw a narrower decline in May as factories in the world's second-largest economy restarted production lines as business sentiments improved, official data showed Monday. Major industrial firms, each with business revenue of at least 20 million yuan (about 2.99 million U.S. dollars), saw their profits decline 6.5 percent year on year in May, narrowing from the 8.5-percent contraction in April, data from the National Bureau of Statistics (NBS) showed. During the first five months, major industrial firms made about 3.44 trillion yuan in total profits, rising 1 percent from a year ago, NBS data showed. (Xinhua/Guo Xulei)

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CHINA-INDUSTRIAL PROFITS (CN)

(220627) -- JINAN, June 27, 2022 (Xinhua) -- Workers make anti-epidemic products at a medical equipment company in east China's Shandong Province, June 26, 2022. Profits of China's major industrial companies saw a narrower decline in May as factories in the world's second-largest economy restarted production lines as business sentiments improved, official data showed Monday. Major industrial firms, each with business revenue of at least 20 million yuan (about 2.99 million U.S. dollars), saw their profits decline 6.5 percent year on year in May, narrowing from the 8.5-percent contraction in April, data from the National Bureau of Statistics (NBS) showed. During the first five months, major industrial firms made about 3.44 trillion yuan in total profits, rising 1 percent from a year ago, NBS data showed. (Xinhua/Guo Xulei)

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U.S.-WASHINGTON, D.C.-ECONOMY-FIRST QUARTER-CONTRACTION

(220428) -- WASHINGTON, April 28, 2022 (Xinhua) -- Photo taken on April 28, 2022 shows the Commerce Department building in Washington, D.C., the United States. The U.S. economy shrank at an annual rate of 1.4 percent in the first quarter as effects of the Omicron surge start to show up, the U.S. Commerce Department reported Thursday. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-ECONOMY-FIRST QUARTER-CONTRACTION

(220428) -- WASHINGTON, April 28, 2022 (Xinhua) -- Photo taken on April 28, 2022 shows the Commerce Department building in Washington, D.C., the United States. The U.S. economy shrank at an annual rate of 1.4 percent in the first quarter as effects of the Omicron surge start to show up, the U.S. Commerce Department reported Thursday. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-ECONOMY-FIRST QUARTER-CONTRACTION

(220428) -- WASHINGTON, April 28, 2022 (Xinhua) -- Photo taken on April 28, 2022 shows the Commerce Department building in Washington, D.C., the United States. The U.S. economy shrank at an annual rate of 1.4 percent in the first quarter as effects of the Omicron surge start to show up, the U.S. Commerce Department reported Thursday. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-ECONOMY-FIRST QUARTER-CONTRACTION

(220428) -- WASHINGTON, April 28, 2022 (Xinhua) -- Photo taken on April 28, 2022 shows the Commerce Department building in Washington, D.C., the United States. The U.S. economy shrank at an annual rate of 1.4 percent in the first quarter as effects of the Omicron surge start to show up, the U.S. Commerce Department reported Thursday. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-ECONOMY-FIRST QUARTER-CONTRACTION

(220428) -- WASHINGTON, April 28, 2022 (Xinhua) -- Photo taken on April 28, 2022 shows the Commerce Department building in Washington, D.C., the United States. The U.S. economy shrank at an annual rate of 1.4 percent in the first quarter as effects of the Omicron surge start to show up, the U.S. Commerce Department reported Thursday. (Xinhua/Liu Jie)

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Japan economy shrinks annualized 1.6% in April-June

Japanese Economic and Fiscal Policy Minister Akira Amari holds a press conference at the Cabinet Office in Tokyo on Aug. 17, 2015, following the release of data showing the Japanese economy shrank an annualized 1.6 percent in the April-June period in real terms, the first contraction in three quarters. (Kyodo) ==Kyodo

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New coronavirus

Mao Shengyong, spokesman of China's National Bureau of Statistics, meets the press in Beijing on March 16, 2020, to release January-February industrial production. The bureau said China's industrial output logged a 13.5 percent year-on-year decline during the period, marking the first contraction since 1998, in reflection of the coronavirus outbreak. (Kyodo) ==Kyodo

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New coronavirus

Mao Shengyong, spokesman of China's National Bureau of Statistics, meets the press in Beijing on March 16, 2020, to release January-February industrial production. The bureau said China's industrial output logged a 13.5 percent year-on-year decline during the period, marking the first contraction since 1998, in reflection of the coronavirus outbreak. (Kyodo) ==Kyodo

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Japan's economy contracts 0.8% in April-June quarter

TOKYO, Japan - Economics Minister Heizo Takenaka speaks at a news conference Sept. 7 following the release of Japan's preliminary gross domestic product for the April-June quarter. The Japanese economy contracted a real 0.8% in the quarter for the first contraction in three quarters.