STORY: Russian expert hails China's economic performance in 2023
SHOOTING TIME: Recent footage
DATELINE: March 13, 2024
LENGTH: 0:01:25
LOCATION: Moscow
CATEGORY: ECONOMY

SHOTLIST:
1. various of China
2. SOUNDBITE (Russian): PAVEL KUZNETSOV, Deputy director, Institute of China and Modern Asia, Russian Academy of Sciences

STORYLINE:

A Russian expert has spoken highly of China's economic performance in 2023 in a recent interview with Xinhua.

SOUNDBITE (Russian): PAVEL KUZNETSOV, Deputy director, Institute of China and Modern Asia, Russian Academy of Sciences
"Undoubtedly, China is one of the leaders of global economic development. Last year, China's GDP exceeded 126 trillion yuan (17.53 trillion USD), with a GDP growth rate of 5.2 percent.
What did the Chinese leadership do in 2023? There were a lot of different directions, so we will not be able to cover everything now. But there were important aspects for us. For example, the International Monetary Fund estimated China's contribution to global growth in 2023 at more than 30 percent. This means that China is the driver of global economic growth. How did China realize it?
Undoubtedly, there was the development of domestic production, there was increase in exports of high-tech products. In this way, China has managed to maintain such growth rates and show the world success in economic development."

Xinhua News Agency correspondents reporting from Moscow.
(XHTV)