Holiday spending, cross-border trade reflect vibrant digital economy

STORY: Holiday spending, cross-border trade reflect vibrant digital economy DATELINE: Oct. 7, 2022 LENGTH: 00:01:21 LOCATION: BEIJING CATEGORY: ECONOMY SHOTLIST: various of Chinese people shoppingvarious of online live streaming selling productsvarious of a batch of cross-border e-commerce goods from south China's Shenzhen completed customs declaration at the Horgos comprehensive bonded zoneSOUNDBITE(Chinese): REN YALI, Deputy general manager of a local e-commerce trade company STORYLINE: The National Day holiday in China has borne witness to the digital economy gaining momentum in the country. During the seven-day Golden Week holiday, both online and offline shopping saw enormous growth in the country, thanks to heightened consumer enthusiasm and the implementation of pro-consumption policies. China has been promoting deep integration between the digital economy and the real economy. As a result, cashless transactions have become ubiquitous in daily life. Online shopping has become a bright spot in Chin

Turkey's annual inflation hits two-decade high of nearly 70 pct

STORY: Turkey's annual inflation hits two-decade high of nearly 70 pct DATELINE: May 5, 2022 LENGTH: 00:00:58 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: various of Turkish people on the streets and shoppingvarious of Turkish people at a fresh vegetable marketvarious of Turkish President Recep Tayyip Erdoganvarious of Turkish central bankvarious of Turkish lira and U.S. dollar STORYLINE: Turkey's annual inflation jumped to 69.97 percent in April, reaching a two-decade high, the Turkish Statistical Institute announced Thursday. The country's consumer prices rose 7.25 percent month on month in April, according to data released by the institute. The highest annual price surge was in the transportation sector with 105.86 percent. The cost of food and non-alcoholic drinks increased by 89.1 percent, while furnishings and household equipment prices were up 77.64 percent. The domestic producer price index climbed 7.67 percent month on month, with an annual rise of 121.82 percent. Turkey is undergo