STORY: Business leaders confident about Chinese economy
SHOOTING DATE: Jan. 15/16, 2024
DATELINE: Jan. 18, 2024
LENGTH: 00:01:18
LOCATION: DAVOS, Switzerland
CATEGORY: ECONOMY

SHOTLIST:
1. various of Davos
2. SOUNDBITE 1 (English): ZHU MIN, Vice-Chairman, China Center for International Economic Exchanges (CCIEE)
3. SOUNDBITE 2 (English): BORGE BRENDE, World Economic Forum (WEF) President
4. SOUNDBITE 3 (English): BELEN GARIJO, Chair of the Executive Board and Chief Executive Officer, Merck KGaA
5. SOUNDBITE 4 (English): JOE NGAI, Chairman of McKinsey & Company in Greater China

STORYLINE:

Although the global economy is facing sluggish growth and challenges, business leaders attending the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, remain confident over the prospects of the Chinese economy.

SOUNDBITE 1 (English): ZHU MIN, Vice-Chairman, China Center for International Economic Exchanges (CCIEE)
"I think the growth is 5.2 percent. It's not too bad. It showed the resilience of the Chinese economy if you see the whole thing, you can see the structure change underway, but (it) supports overall growth."

SOUNDBITE 2 (English): BORGE BRENDE, World Economic Forum (WEF) President
"China has also the benefit of the fact that it has a huge home market, a domestic market of 1.4 billion people."

SOUNDBITE 3 (English): BELEN GARIJO, Chair of the Executive Board and Chief Executive Officer, Merck KGaA
"China is an important opportunity to ensure sustainable, high-quality development for future years."

SOUNDBITE 4 (English): JOE NGAI, Chairman of McKinsey & Company in Greater China
"When I look around the world today, I'm very optimistic about the Chinese economy. If you look at our innovation in the Chinese economy, if you look at consumption and the population and how optimistic they are about the future, if you look at the labor force, and how diligent they are, I think that if you look at these factors and look around the world, I do think that you have to be positive about China's long-term growth prospects."

Xinhua News Agency correspondents reporting from Davos, Switzerland.
(XHTV)