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Prices for dining out in S Korea soar 3 pct in April

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Prices for dining out in S Korea soar 3 pct in April

2024-05-08 17:02 Last Updated At:05-09 14:11

The inflation rate of dining out prices in April went up by 3 percent from a year ago, exceeding that of consumer prices for 35 months, according to Statistics Korea on Monday.

Many residents in Seoul, capital city of the country, commonly reflected that the prices of eating out continued to go up. An ordinary lunch would cost around 80 yuan (about 11 U.S. dollars). In addition, the prices of some popular Korean street foods like stir-fried rice cakes, bibimbap and seaweed-wrapped rice rolls have surged by more than 5 percent.

In addition to the growing dining out prices, South Korea's consumer price index (CPI) gained 2.9 percent in April from a year earlier, Statistics Korea reported, adding agricultural products price soared 20.3 percent last month, hovering above 20 percent for three months in a row.

The soaring prices of locally grown fruits and vegetables in South Korea have also led to a growing appetite for affordable Chinese vegetables. According to the latest data from the Korea Customs Service, the import volume of scallion and cabbage from China in March skyrocketed by 764 percent and 171 percent respectively compared to the same period last year. Additionally, there was also an increase in the import volume of carrots and onions from China.

Prices for dining out in S Korea soar 3 pct in April

Prices for dining out in S Korea soar 3 pct in April

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IOC president accredits CMG broadcasting team for Paris Olympics coverage

2024-05-19 22:47 Last Updated At:23:37

The International Olympic Committee (IOC) on Sunday accredited China Media Group (CMG) broadcasting team for providing coverage of 2024 Paris Olympic Games.

A recognition ceremony was held at CMG Shanghai International Media Port where IOC president Thomas Bach and CMG president Shen Haixiong presented certificates to representatives and unveiled the logo for CMG's Olympic coverage.

A team of over 2,000 members, including journalists, editors, broadcasters, and technical support personnel, will be dispatched to provide broadcasting service for Paris Olympics which will be held from July 26 to August 11.

The CMG will produce the international broadcast signal for gymnastics, table tennis, badminton, and sport climbing, delivering over 400 hours of live coverage.

On Saturday, two CMG production vans equipped with 4K/8K B6 ultra-high-definition broadcast systems departed from Beijing and will be shipped from Ningbo-Zhoushan Port, before arriving in Paris by the end of July. This will mark the first-ever Olympic Games broadcast with 8K Ultra HD technology.

Prior to this, 1,256 pieces of broadcasting equipment, packed in 10 standard containers, were transported from the Ningbo-Zhoushan Port to the Port of Le Havre in France.

Sunday's ceremony also saw the launch of new programs dedicated to Paris Olympics, which will be aired 07:00 to 09:00 every morning from Monday on sports channel and new media platforms.

One year ago, the CMG was officially invited to become one of the main broadcasters for Paris 2024 after the Olympic Broadcasting Services (OBS) and the CMG signed a memorandum of understanding in Beijing to establish a long-term cooperation mechanism.

IOC president accredits CMG broadcasting team for Paris Olympics coverage

IOC president accredits CMG broadcasting team for Paris Olympics coverage

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