(16 Apr 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Beijing – 16 April 2025
1. Deputy Director of the National Bureau of Statistics Sheng Laiyun entering briefing
2. Various of media
3. Wide of briefing
4. SOUNDBITE (Mandarin) Sheng Laiyun, Deputy Director of the National Bureau of Statistics:
"In the short term, this tariff will pose certain pressure on China’s economy and trade, but it does not change the overriding trend of China’s economic growth because we have strong fundamentals, big potential, robust resilience. We are in the position to properly handle external challenges and achieve our growth target."
5. Cutaway of reporters
6. SOUNDBITE (Mandarin) Sheng Laiyun, Deputy Director of the National Bureau of Statistics:
"If we look at Quarter 1 numbers, these (macro) policies are quite effective. They have contributed to stabilizing our economic performance in Quarter 1 and we have repeatedly said that we will, in light of the changing external dynamics, roll out new policies because we have sufficient policy tools to manage the situation. So there is policy safeguards for us to weather the difficulties, to navigate the difficulties."
7. Cutaway of reporters
8. Sheng Laiyun leaving briefing
STORYLINE:
China’s national bureau of statistics said Wednesday that China’s economy expanded at a 5.4% annual pace in January-March, supported by strong exports ahead of U.S. President Donald Trump’s rapid increases in tariffs on Chinese exports.
Analysts are forecasting that the world’s second largest economy will slow significantly in coming months, however, as tariffs as high as 145% on U.S. imports from China take effect.
Speaking to reporters in Beijing, Deputy Director of the National Bureau of Statistics Sheng Laiyun said that despite U.S. tariffs posing some pressure, "it does not change the overriding trend of China’s economic growth."
Sheng also said that China would roll out new macro policies " in light of the changing external dynamics", allowing them to "navigate the difficulties."
China also appointed a new top international trade negotiator on Wednesday amid tariff tensions with the U.S.
AP video shot by Borg Wong
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