filmov
tv
China's economic growth target for 2024 is about 5%, says Premier Li at opening of National People's
Показать описание
(5 Mar 2024)
FOR CLEAN VERSION SEE STORY NUMBER: 4481500
ASSOCIATED PRESS
Beijing, China - 5 March 2024
1. Various of China's President Xi Jinping and other leaders singing the national anthem
2. Wide of the National People's Congress opening session
3. Zoom out of Premier Li Qiang getting to the podium
4. SOUNDBITE (Mandarin) Li Qiang, Premier of China:
++SOUNDBITE PARTLY OVERLAID WITH OFFICIALS DURING SESSION++
“The main expected development goals for this year are: A GDP growth of around 5%, more than 12 million new urban jobs, a registered urban unemployment rate of around 5.5%, a rise of around 3% in CPI (consumer price index), synchronous growth of household income and economic growth, and basic balance of international payments.”
STORYLINE:
China's Premier Li Qiang announced Tuesday that China’s economic growth target for this year is around 5%, in line with last year’s performance despite forecasts for a slowdown.
The ruling Communist Party has said it is prioritizing efforts to encourage consumer spending to help drive the economy.
Last year, the economy grew at a 5.2% pace, but that was after a very slow 3% annual growth rate in 2022, when the country was enduring the worst disruptions from the COVID-19 pandemic.
Li emphasized a need to balance security and stability with economic aims, and said the leadership would strive to improve its handling of policies.
He said the government will try to create more than 12 million new urban jobs, keep the registered urban unemployment rate at around 5%, and realize a rise of 3% in consumer price index.
The consumer-led recovery hoped for after the end of anti-virus controls that kept millions of people at home faltered midway through last year, as falling housing prices and worries over jobs left many families either reluctant or unable to spend more. Control over the economy increasingly is concentrated under leader Xi Jinping.
AP video shot by Tian Macleod Ji and Olivia Zhang, produced by Wayne Zhang
===========================================================
FOR CLEAN VERSION SEE STORY NUMBER: 4481500
ASSOCIATED PRESS
Beijing, China - 5 March 2024
1. Various of China's President Xi Jinping and other leaders singing the national anthem
2. Wide of the National People's Congress opening session
3. Zoom out of Premier Li Qiang getting to the podium
4. SOUNDBITE (Mandarin) Li Qiang, Premier of China:
++SOUNDBITE PARTLY OVERLAID WITH OFFICIALS DURING SESSION++
“The main expected development goals for this year are: A GDP growth of around 5%, more than 12 million new urban jobs, a registered urban unemployment rate of around 5.5%, a rise of around 3% in CPI (consumer price index), synchronous growth of household income and economic growth, and basic balance of international payments.”
STORYLINE:
China's Premier Li Qiang announced Tuesday that China’s economic growth target for this year is around 5%, in line with last year’s performance despite forecasts for a slowdown.
The ruling Communist Party has said it is prioritizing efforts to encourage consumer spending to help drive the economy.
Last year, the economy grew at a 5.2% pace, but that was after a very slow 3% annual growth rate in 2022, when the country was enduring the worst disruptions from the COVID-19 pandemic.
Li emphasized a need to balance security and stability with economic aims, and said the leadership would strive to improve its handling of policies.
He said the government will try to create more than 12 million new urban jobs, keep the registered urban unemployment rate at around 5%, and realize a rise of 3% in consumer price index.
The consumer-led recovery hoped for after the end of anti-virus controls that kept millions of people at home faltered midway through last year, as falling housing prices and worries over jobs left many families either reluctant or unable to spend more. Control over the economy increasingly is concentrated under leader Xi Jinping.
AP video shot by Tian Macleod Ji and Olivia Zhang, produced by Wayne Zhang
===========================================================
0:00:41
0:00:43
0:06:24
0:02:15
0:27:44
0:03:56
0:02:33
0:00:43
0:00:53
0:00:58
0:02:21
0:03:07
0:09:06
0:04:12
0:23:25
0:00:59
0:02:16
0:02:48
0:05:23
0:03:36
0:56:47
0:00:50
0:01:05
0:05:37