01:11

Chinese economy sees hard-won recovery in H1 amid global downturn

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STORY: Chinese economy sees hard-won recovery in H1 amid global downturn
DATELINE: July 19, 2023
LENGTH: 00:01:11
LOCATION: Beijing
CATEGORY: ECONOMY
 
SHOTLIST:
1. various of the views in China
2. SOUNDBITE 1 (English): FOO SUAN YONG, Senior economist of ASEAN +3 Macroeconomic Research Office
3. SOUNDBITE 2 (English): ESWAR PRASAD, Professor of trade policy at Cornell University
4. SOUNDBITE 3 (Japanese): KATSUYUKI HASEGAWA, Professor of international economics and finance at Tokyo Woman's Christian University
5. SOUNDBITE 4 (English): AMER ZAFAR DURRANI, President of Reenergia, Social impact advisory group in Pakistan
6. SOUNDBITE 5 (English): THANAWAT TIENSIN, Director of Animal Production and Health Division, United Nations Food and Agriculture Organization (FAO)
7. SOUNDBITE 6 (English): MICHEL TAUBE, Founder of Opinion-Internationale and its column Les routes de la Chine
 
STORYLINE:
 
International experts have spoken highly of China's economic performance in the first half (H1) of this year.
 
Despite various challenges, China's gross domestic product (GDP) grew 5.5 percent year on year in the first half of 2023, according to the National Bureau of Statistics (NBS).
 
SOUNDBITE 1 (English): FOO SUAN YONG, Senior economist of ASEAN +3 Macroeconomic Research Office
"To be honest, I think that China's economic performance in the first half of this year has been actually quite creditable with several signs of strength."
 
SOUNDBITE 2 (English): ESWAR PRASAD, Professor of trade policy at Cornell University
"It looked like growth was beginning to resurge and all the indicators of economic activity were performing very well."
 
SOUNDBITE 3 (Japanese): KATSUYUKI HASEGAWA, Professor of international economics and finance at Tokyo Woman's Christian University
"I think it is very likely that China's economy will hit the growth target of 5 percent."
 
SOUNDBITE 4 (English): AMER ZAFAR DURRANI, President of Reenergia, Social impact advisory group in Pakistan
"China has progressively become the trade partner with pretty much the entire world."
 
SOUNDBITE 5 (English): THANAWAT TIENSIN, Director of Animal Production and Health Division, United Nations Food and Agriculture Organization (FAO)
"China can play a good role to support the countries in terms of sharing experience and also to bring further investment to other countries."
 
SOUNDBITE 6 (English): MICHEL TAUBE, Founder of Opinion-Internationale and its column Les routes de la Chine
"The future lies in the free flow of people, capital and goods, which will be the main driving force of economic development in China and the world."
 
Xinhua News Agency correspondents reporting from Beijing.
(XHTV)

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