STORY: China achieves "economic miracle" in much shorter time: Stephen Perry
SHOOTING TIME: Sept. 24, 2024
DATELINE: Oct. 2, 2024
LENGTH: 0:01:16
LOCATION: London
CATEGORY: POLITICS/SOCIETY/ECONOMY

SHOTLIST:
1. various of China
2. SOUNDBITE (English): STEPHEN PERRY, President emeritus of Britain's 48 Group Club

STORYLINE:

Stephen Perry, president emeritus of Britain's 48 Group Club, said he was amazed that it has taken China such a short time to transform and realize an "economic miracle."

SOUNDBITE (English): STEPHEN PERRY, President emeritus of Britain's 48 Group Club
"I think what other people say is an economic miracle to go through what we took 200 years to transition from being a feudal society with the majority of the population living in the countryside into being an industrial country of some magnitude and power in the Western world. It took China just 50 years or less to make the changes, to go from being a country with a population of over 80 percent peasants to being one in which the balance is more now between the service sector, the manufacturing sector, and the agricultural sector.
It is this transformation of China, based on this scientific method, based on planning, based on responding to realities, dealing with problems in a new way. You look at what has happened with the roads in China, with the cars in China, with the trains in China, almost from nothing, China has built completely new industries."

Xinhua News Agency correspondents reporting from London.
(XHTV)