China-Economy/Jan-Feb
China-Economy/Jan-Feb
Dateline : March 16, 2026/File
Location : China
Duration : 2'37
Beijing, China - March 16, 2026 (CCTV - No access Chinese mainland)
1. Various of press briefing, reporters
2. SOUNDBITE (Chinese) Fu Linghui, spokesman, National Bureau of Statistics (NBS) (starting with shot 1):
"We implemented a more proactive and effective macroeconomic policy in January and February. We intensified counter-cyclical and cross-cyclical adjustments, continued expanding domestic demand, improved supply, added new high-quality resources and made the best use of existing ones. As a result, production and supply increased at a faster pace, market demand was stable and showed signs of growth, employment and prices remained generally stable, and new quality productive forces grew strongly. The economy got off to a strong and good start."
3. Press briefing, reporters
4. SOUNDBITE (Chinese) Fu Linghui, spokesman, National Bureau of Statistics (NBS) (partially overlaid with shot 5):
"Industrial production accelerated, with the equipment manufacturing and high-tech manufacturing sectors showing strong growth. In January and February, the value-added industrial output of industrial enterprises above designated size went up 6.3 percent year on year, and the pace was 1.1 percentage points faster than the level in December of last year. The value added of equipment manufacturing increased by 9.3 percent year on year, and the value added of high-tech manufacturing increased by 13.1 percent, outpacing overall industrial growth by 3.0 and 6.8 percentage points, respectively."
++SHOT OVERLAYING SOUNDBITE++
5. Reporters
++SHOT OVERLAYING SOUNDBITE++
6. Press briefing, reporters
7. SOUNDBITE (Chinese) Fu Linghui, spokesman, National Bureau of Statistics (NBS) (ending with shot 8):
"The service sector saw rapid growth, with modern service industries developing at a fast pace. In January and February, the Index of Services Production increased by 5.2 percent year on year, 0.2 percentage points faster than in December of last year."
8. Various of reporters
9. SOUNDBITE (Chinese) Fu Linghui, spokesman, National Bureau of Statistics (NBS) (ending with shot 10):
"Market sales growth rebounded, with service retail sales growing rapidly. In January and February, the total retail sales of consumer goods reached 8.6079 trillion yuan (about 1.25 trillion U.S. dollars), a year-on-year increase of 2.8 percent, 1.9 percentage points faster than in December of last year. Service retail sales increased by 5.6 percent year on year, 0.1 percentage points faster than the previous year."
10. Various of reporters
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
11. Various of new energy vehicles production line
FILE: Guangdong Province, south China - Date Unknown (CCTV - No access Chinese mainland)
12. Various of humanoid robots at factory
FILE: Sichuan Province, southwest China - February 2026 (CCTV - No access Chinese mainland)
13. People dining at restaurant
FILE: Zhejiang Province, east China - February 2026 (CCTV - No access Chinese mainland)
14. People dining at restaurant
FILE: Xinjiang Uygur Autonomous Region, northwest China - February 2026 (CCTV - No access Chinese mainland)
15. Customers at supermarket, shopping
FILE: Pinghu City, Zhejiang Province, east China - February 2026 (CCTV - No access Chinese mainland)
16. Customers at supermarket, shopping
FILE: Taizhou City, Jiangsu Province, east China - February 2026 (CCTV - No access Chinese mainland)
17. Various of customers at clothes store
FILE: China - February 2026 (CCTV - No access Chinese mainland)
18. Customers in store of digital, smart products
19. Various of visitors at fair
FILE: Harbin City, Heilongjiang Province, northeast China - February 2026 (CCTV - No access Chinese mainland)
20. Various of light formation in shape of horse glowing, visitors
China's economy showed significant recovery in the first two months of 2026, making a strong start for the new year, said a spokesman of the National Bureau of Statistics (NBS) on Monday.
At a press conference in Beijing, Fu Linghui, the spokesman and the chief economist of the NBS, briefed the media on the country's economic performance in January and February.
"We implemented a more proactive and effective macroeconomic policy in January and February. We intensified counter-cyclical and cross-cyclical adjustments, continued expanding domestic demand, improved supply, added new high-quality resources and made the best use of existing ones. As a result, production and supply increased at a faster pace, market demand was stable and showed signs of growth, employment and prices remained generally stable, and new quality productive forces grew strongly. The economy got off to a strong and good start," said Fu.
"Industrial production accelerated, with the equipment manufacturing and high-tech manufacturing sectors showing strong growth. In January and February, the value-added industrial output of industrial enterprises above designated size went up 6.3 percent year on year, and the pace was 1.1 percentage points faster than the level in December of last year. The value added of equipment manufacturing increased by 9.3 percent year on year, and the value added of high-tech manufacturing increased by 13.1 percent, outpacing overall industrial growth by 3.0 and 6.8 percentage points, respectively," said the spokesman.
The industrial output is used to measure the activity of large enterprises, each with an annual main business turnover of at least 20 million yuan (about 2.9 million U.S. dollars).
"The service sector saw rapid growth, with modern service industries developing at a fast pace. In January and February, the Index of Services Production increased by 5.2 percent year on year, 0.2 percentage points faster than in December of last year," he said.
"Market sales growth rebounded, with service retail sales growing rapidly. In January and February, the total retail sales of consumer goods reached 8.6079 trillion yuan (about 1.25 trillion U.S. dollars), a year-on-year increase of 2.8 percent, 1.9 percentage points faster than in December of last year. Service retail sales increased by 5.6 percent year on year, 0.1 percentage points faster than the previous year," said Fu.
ID : 8470437
Published : 2026-03-16 11:21
Last Modified : 2026-03-16 21:10:33
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
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