STORY: Chinese market brings great opportunities to foreign companies: Italian expert
SHOOTING TIME: Dec. 5, 2023
DATELINE: Dec. 14, 2023
LENGTH: 00:01:21
LOCATION: Rome
CATEGORY: ECONOMY

SHOTLIST:
1. various of China-related footage
2. SOUNDBITE (English): ALESSANDRO ZADRO, Head of Research at Italy-China Council Foundation

STORYLINE:

The Chinese market brings great opportunities to foreign companies, said an Italian expert in a recent interview with Xinhua. 

China's economy expanded 5.2 percent year on year in the first three quarters of the year, marking the strongest performance among the world's major economies.

SOUNDBITE (English): ALESSANDRO ZADRO, Head of Research at Italy-China Council Foundation
"In 2023, the Chinese economy should grow around 5.1-5.4 percent. It's performing better in the last quarter compared to the first month of the year. The final push should permit China to reach the goal, an overall growth of around 5 percent, established by the government in March 2023. The Chinese economy has performed quite well in 2023.
I totally agree not just about China, but for the Europe as well, and the world as well, digital economy and green transformation are the two main sectors where companies, governments are investing in. So I do believe that foreign companies are willing to enter the Chinese market and focus on the Chinese market.
The Chinese market has a huge potential in terms of as a foreign company investing in the market doesn't matter where China's economy is set to be, but still the transformation of the Chinese society will open up huge opportunities for our companies."

Xinhua News Agency correspondents reporting from Rome.
(XHTV)