STORY: Xinhua Institute launches report on new quality productive forces in Brussels
SHOOTING TIME: June 19, 2024
DATELINE: June 20, 2024
LENGTH: 00:01:44
LOCATION: Brussels
CATEGORY: POLITICS/ECONOMY

SHOTLIST:
1. various of the event

STORYLINE:

A report on new quality productive forces was launched in Brussels on Wednesday by Xinhua Institute, a high-end think tank of Xinhua News Agency.

In a speech delivered at the meeting, Fu Hua, president of Xinhua News Agency and chairman of the academic committee of Xinhua Institute, said that the concept of "new quality productive forces" creatively put forward by Chinese President Xi Jinping was based on his insightful observation of the world's sci-tech and economic trends.

Fu said that the concept contributes greatly to international economic theories, deepens understanding of the laws of productivity development, and further answers a series of major issues concerning the development of the Chinese economy in the new era.

Fu said the report is the latest achievement of Xinhua Institute's research on this concept, adding that Xinhua News Agency will strengthen research and cooperation with think tanks from other countries and jointly provide suggestions and proposals on developing the world economy.

Fabrizio Hochschild, former under-secretary-general of the United Nations, said at the forum that the concept of new quality productive forces is beyond China's border.

He said China's development of new quality productive forces is critical not only to its economic development but also to promoting new round of sci-tech revolution and industrial revolution represented by artificial intelligence.

Over 100 representatives from political, think tank, media and business circles of China and Europe, as well as from international organizations, participated in the forum.

Xinhua News Agency correspondents reporting from Brussels.
(XHTV)