China's old industrial base makes headway on revitalization

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China's old industrial base makes headway on revitalization

STORY: China's old industrial base makes headway on revitalization DATELINE: Dec. 15, 2022 LENGTH: 00:02:06 LOCATION: SHENYANG/CHANGCHUN, China CATEGORY: ECONOMY SHOTLIST: 1. various of factories in Liaoning, Jilin and Heilongjiang 2. SOUNDBITE 1 (Chinese): JIN CHENGZHE, Official, Yanji high-tech industrial development zone 3. SOUNDBITE 2 (English): FRANZ DECKER, President and CEO, BMW Brilliance Automotive Ltd. 4. various of companies in Liaoning, Jilin and Heilongjiang STORYLINE: Northeast China, once the nation's heavy-industry heartland, is upbeat about the future thanks to its revitalization drive based on innovation and opening up. The resource-rich region has been long afflicted by industrial overcapacity, shrinking resources and the outflow of talent. In an effort to foster new growth engines, the region is endeavoring to promote innovation-based development while adopting a global vision for reinvigorating the economy. In Jilin Province, Yanji high-tech industrial development zone has offered p

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