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Int'l analysts upbeat about China's economic prospect

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STORY: Int'l analysts upbeat about China's economic prospect
SHOOTING TIME: Recent footage
DATELINE: Dec. 7, 2023
LENGTH: 00:01:28
LOCATION: Beijing
CATEGORY: ECONOMY

SHOTLIST:
1. various of China
2. SOUNDBITE 1 (French): LOUNCENY TRAORE, Professor at Gamal Abdel Nasser University of Conakry, Guinea
3. various of China
4. SOUNDBITE 2 (English): ALESSANDRO ZADRO, Head of Research at Italy-China Council Foundation
5. various of China
6. SOUNDBITE 3 (English): FARUK BORIC, President of Association of Friendship between China and BiH
7. various of China

STORYLINE:

China's economic recovery continued to gather steam against all odds this year, injecting much-needed certainty and vitality into the global economy.

The country's economy expanded 5.2 percent year on year in the first three quarters of the year, the best performance among the world's major economies.

Consumer spending is playing an increasingly important role in driving growth, contributing over 83 percent to economic growth in the first three quarters.

It's widely expected that the Chinese economy is on track to achieve its growth target of around 5 percent set for 2023.

SOUNDBITE 1 (French): LOUNCENY TRAORE, Professor at Gamal Abdel Nasser University of Conakry, Guinea
"The investment in information and communication technologies contributes to economic growth. So with the development of the digital economy and green transformation, the Chinese economy will only do better."

SOUNDBITE 2 (English): ALESSANDRO ZADRO, Head of Research at Italy-China Council Foundation
"In 2023, 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 of overall growth of around 5 percent established by the government in March 2023. The Chinese economy has performed quite well in 2023."

SOUNDBITE 3 (English): FARUK BORIC, President of Association of Friendship between China and BiH
"I think that Chinese economists and politicians both set goals, which are achievable. So I have full confidence."

Xinhua News Agency correspondents reporting from Beijing.
(XHTV)

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