STORY: China's development offers opportunity to world, experts say
SHOOTING TIME: March 5, 2024
DATELINE: March 8, 2024
LENGTH: 00:02:18
LOCATION: Beijing
CATEGORY: ECONOMY

SHOTLIST:
1. various of the development of China
2. SOUNDBITE 1 (Chinese): YAN LI, Senior lecturer at Nanyang Business School of Singapore's Nanyang Technological University
3. SOUNDBITE 2 (English): HUMPREY MOSHI, Director of Center for Chinese Studies at University of Dar es Salaam of Tanzania
4. SOUNDBITE 3 (English): STEPHEN NDEGWA, Lecturer in international relations at Nairobi-based United States International University-Africa

STORYLINE:

China has set its economic growth target for 2024 at around 5 percent.

Experts worldwide have voiced their optimism about the target and said that China's growth and development offer an opportunity to the world.

SOUNDBITE 1 (Chinese): YAN LI, Senior lecturer at Nanyang Business School of Singapore's Nanyang Technological University
"We have seen the announcement of a GDP growth of around 5 percent, which in my personal opinion is a relatively realistic development target. China has been serving as the engine of global economic development. We should prioritize the quality development, and then set the growth goal as high as possible."

SOUNDBITE 2 (English): HUMPREY MOSHI, Director of Center for Chinese Studies at University of Dar es Salaam of Tanzania
"If this 5 percent growth is achievable, it means that it will have spillover effects on these other countries. It will stimulate the growth of other countries around the world. China, if its economy is stable and prosperous, it means that it will also lead to other countries worldwide being stable and prosperous, that is the logic. Prosperity and stability in China will automatically translate into prosperity in the world economies from developed ones to developing ones and more so to Africa. So let's wish that stability and prosperity remain and become sustained in China for our own benefit, and for the benefit of the whole world."

SOUNDBITE 3 (English): STEPHEN NDEGWA, Lecturer in international relations at Nairobi-based United States International University-Africa
"China has been at the core of the global re-starting of supply and industrial chains. With China's high-level opening up and modernization trust, then we can only expect that there is going to be more production for dissemination to other parts of the world. So we are going to see a global economy that is more robust and that is asking for more in order to meet increasing demand."

Xinhua News Agency correspondents reporting from Beijing.
(XHTV)