Why China's Taicang magnet for German enterprises

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Why China's Taicang magnet for German enterprises

STORY: Why China's Taicang magnet for German enterprises DATELINE: Nov. 22, 2022 LENGTH: 00:02:05 LOCATION: NANJING, China CATEGORY: ECONOMY SHOTLIST: 1. various of the Taicang Future Factory of CHIRON Group 2. SOUNDBITE 1 (English): WILLI RIESTER, CTO of Chiron Machine Tool (Taicang) Co., Ltd. 3. SOUNDBITE 2 (Chinese): SHEN YI, Deputy director, Marketing department of State Grid Taicang City Electric Power Supply Company 4. SOUNDBITE 3 (Chinese): LU LIJING, Deputy director, Administrative Committee of Taicang Hi-Tech Industrial Development Zone STORYLINE: In the Taicang Future Factory of CHIRON Group in east China's Jiangsu Province, rows of white "boxes" are automatically processing mechanical parts and components. This is CHIRON's newly developed world-leading 5-axis Vertical Processing Center, about three times faster than that of conventional machine tools. SOUNDBITE 1 (English): WILLI RIESTER, CTO of Chiron Machine Tool (Taicang) Co., Ltd. "In 2012, we started our first factory on Fada Road in Taic

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