STORY: Chinese economy off to robust start as recovery gains traction
SHOOTING TIME: recent
DATELINE: March 18, 2024
LENGTH: 00:01:07
LOCATION: Beijing
CATEGORY: ECONOMY

SHOTLIST:
1. various of the views of production in China
2. SOUNDBITE (Chinese): LIU AIHUA, NBS spokesperson

STORYLINE:

China's major economic indicators unveiled Monday demonstrated that the country's economic performance continued to improve in the first two months of the year.

According to the National Bureau of Statistics (NBS), China's retail sales of consumer goods, a major indicator of the country's consumption strength, climbed 5.5 percent year on year in the first two months of 2024.

The value-added industrial output rose 7 percent year on year during the January-February period, accelerating from a rise of 6.8 percent registered in December 2023. Fixed-asset investment grew 4.2 percent year on year, quickening from an increase of 3 percent recorded in 2023.

SOUNDBITE (Chinese): LIU AIHUA, NBS spokesperson
"Although the environment for economic development remains complex and grave, the fundamentals of the Chinese economy have continued to improve, and the positive factors driving economic recovery are accumulating and strengthening. With the macro-economic policies continuing to take effect, China has conditions to achieve its full-year growth target of around 5 percent via enhanced efforts."

Xinhua News Agency correspondents reporting from Beijing.
(XHTV)