Foreign capital spurs new vitality in China's auto industry cradle

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Foreign capital spurs new vitality in China's auto industry cradle

STORY: Foreign capital spurs new vitality in China's auto industry cradle DATELINE: June 1, 2023 LENGTH: 00:01:24 LOCATION: CHANGCHUN, China CATEGORY: ECONOMY SHOTLIST: 1. various of automotive industry projects in Jilin 2. various of production workshop at Kumho Tire 3. SOUNDBITE 1 (Chinese): YANG CHANGMING, General Manager of Kumho Tire (Changchun) Co., Ltd. 4. various of production workshop at Vitesco 5. SOUNDBITE 2 (Chinese): JIANG HUAISHENG, General manager of Vitesco Automotive Changchun Co., Ltd. STORYLINE: Northeast China's Jilin Province has been optimizing its business environment for foreign investors. Global automakers and auto parts manufacturers have benefited from the efforts. Kumho Tire is one of the largest tire makers in South Korea. It started a subsidiary in Changchun, the capital of Jilin, about two decades ago. Today, it aims to launch new products for new energy vehicles. SOUNDBITE 1 (Chinese): YANG CHANGMING, General Manager of Kumho Tire (Changchun) Co., Ltd. "We are striving

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