STORY: Business insiders hail China's role as it's striving to realize economic goals in 2023
DATELINE: July 25, 2023
LENGTH: 00:01:51
LOCATION: Beijing
CATEGORY: ECONOMY
 
SHOTLIST:
1. various of China-related footage
2. SOUNDBITE 1 (English): RONNIE LINS, Director of China-Brazil Center for Research and Business in Brazil
3. SOUNDBITE 2 (English): YU FENG, President of Honeywell China
4. SOUNDBITE 3 (English): CARL FEY, Professor, BI Norwegian Business School
5. SOUNDBITE 4 (English): GEORGE XU, CEO of Airbus China
 
STORYLINE:
 
Business insiders have spoken highly of China's role in world economy as the country is striving to realize economic development goals in 2023.
 
SOUNDBITE 1 (English): RONNIE LINS, Director of China-Brazil Center for Research and Business in Brazil
"It is worth mentioning that China has become the world's economic engine. Therefore, the world economy is highly dependent on good Chinese development.
The growth process in 2023 will incorporate high-quality development, the continuation of the opening process, the deepening of the reforms, and the normalization of services and other actions hampered by the global context.
Due to its global economic importance, China will play a fundamental role (in) directing the world economy toward normality."
 
SOUNDBITE 2 (English): YU FENG, President of Honeywell China
"Now because China is more focused on high-quality development, it's a huge opportunity or an even bigger opportunity for companies like Honeywell."
 
SOUNDBITE 3 (English): CARL FEY, Professor, BI Norwegian Business School
"I think China has been developing very well in terms of high technologies. I think this is primarily because now there is a focus on moving from being the factory of the world to the innovative factory of the world and a focus on high-quality development. I'm quite confident that China will continue to produce a leading-edge technology."
 
SOUNDBITE 4 (English): GEORGE XU, CEO of Airbus China
"Because with high-quality development of China, people, households will have more consumer power."
 
According to the National Bureau of Statistics, China's GDP grew by 5.5 percent year on year in the first half of 2023. Worldwide, this growth rate is also the highest among major economies.
 
It has set a growth target of around 5 percent for 2023.
 
Xinhua News Agency correspondents reporting from Beijing.
(XHTV)