CLEAN : China industrial output contracts for first time in decades

The video discusses the economic impact of the pandemic, highlighting the decline in industrial output, retail sales, and fixed asset investment in the first two months of the year. It covers the potential easing of monetary policy by the central bank and the current status of pandemic control, emphasizing the long-term positive economic outlook despite short-term challenges.

What is expected to be a major driver of economic growth for the rest of the year?

• Infrastructure development

• Tourism industry

• Export activities

• Agricultural expansion

By how much did the industrial output of state-controlled enterprises decrease in the first two months?

• 7.9%

• 14.2%

• 21.4%

• 20.2%

Which type of enterprise experienced the largest decline in output?

• Joint-stock enterprises

• State-controlled enterprises

• Foreign and Hong Kong, Macao, Taiwan-invested enterprises

• Private enterprises

What was the percentage decrease in the total retail sales of consumer goods in January and February?

• 7.9%

• 13.5%

• 20.5%

• 24.5%

What is the current status of the pandemic spread according to the transcript?

• It is slightly increasing

• It is completely eradicated

• It is rapidly increasing

• It is under basic control