China | 3rd Plenary Session of the 20th Central Committee of the Communist Party Opened In Beijing
Wu Shuoyu, CGTN reporter, in Beijing, China conveys about the 3rd Plenary Session of the 20th Central Committee of the Communist Party of China, which opened in the country's capital on July 15th. teleSUR
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00:00Now, we go to Beijing with CGTN reporter Wu Xiongyu, who will tell us about the third
00:06plenary session of the 20th Central Committee of the Communist Party of China, which opened
00:11in the country's capital on July 15.
00:19On July 15, the third plenary session of the 20th Central Committee of the Communist Party
00:24of China opened in Beijing, calling for deepening reform and opening up and promoting Chinese-style
00:30modernization.
00:32China's gross domestic product in the first half of this year is estimated to have grown
00:38by 5% year-on-year at constant prices, with output showing sustained growth and demand
00:44continuing to recover.
00:47Overall, the Chinese economy remains on an upward trend.
00:51In this sense, official statistics on the Chinese economy present several opportunities
00:57for the world.
00:58First, China continues to develop new quality productive forces and drive new industrialization.
01:06The stability and continuity of government policies have opened up ample space for business
01:12development.
01:13Second, the high-quality development of China's economy also provides new opportunities for
01:18multinationals.
01:19During the first half of this year, exports of automobiles, integrated circuits, and other
01:26products have experienced considerable growth, optimizing the country's foreign trade structure.
01:32In short, China's high-quality economic development not only benefits it domestically, but also
01:39creates a favorable environment for global development, offering new opportunities for
01:45cooperation and growth.