STORY: Hong Kong holds forum on new quality productive forces
SHOOTING TIME: April 22, 2024
DATELINE: April 23, 2024
LENGTH: 00:01:35
LOCATION: HONG KONG, China
CATEGORY: ECONOMY

SHOTLIST:
1. various of the forum
2. SOUNDBITE (Chinese): WANG YIMING, Vice chairman, China Center for International Economic Exchanges
3. various of the forum

STORYLINE:

Hong Kong hosted the Chinese academic bauhinia forum 2024 on Monday.

Under the theme "Towards a New Quality Productive Forces-Driven Chinese Economy," this forum spotlighted the evolving landscape of China's economic sectors.

Wang Changlin, vice president of the Chinese Academy of Social Sciences, opened the forum by highlighting recent advancements in China's high-end manufacturing and digital economy, which are setting the pace for emerging strategic industries.

The event not only fostered in-depth exchanges but also aimed to broadcast the narrative of China's burgeoning economic power to a global audience, utilizing Hong Kong's unique platform.

SOUNDBITE (Chinese): WANG YIMING, Vice chairman, China Center for International Economic Exchanges
"To boost China's high-quality development by developing new quality productive forces means to realize scientific and technological innovation, especially original innovation. In this way, it can bring breakthroughs in strategic technologies and key core technologies, so as to enhance China's total factor productivity and significantly improve the quality of China's economic growth. Moreover, through the contribution of total factor productivity to economic growth, China's economy can maintain sustained and stable growth in a longer period."

The forum brought together nearly 100 experts from the Chinese mainland, Hong Kong, and overseas. 

Xinhua News Agency correspondents reporting from Hong Kong, China.
(XHTV)