BMW to further invest 2.8 bln USD in NE China production base
STORY: BMW to further invest 2.8 bln USD in NE China production base
SHOOTING TIME: recent footage
DATELINE: April 27, 2024
LENGTH: 0:01:12
LOCATION: SHENYANG, China
CATEGORY: ECONOMY
SHOTLIST:
1. various of BMW
2. SOUNDBITE (English): OLIVER ZIPSE, Chairman of the Board of Management of BMW AG
3. various of BMW
STORYLINE:
German carmaker BMW announced on Friday an additional investment of 20 billion yuan (about 2.81 billion U.S. dollars) in its production base in Shenyang, capital of northeast China's Liaoning Province.
The carmaker said the investment will be used for upgrading as well as technological innovation of the Dadong plant of BMW Group's joint venture in China, BMW Brilliance Automotive Ltd. (BBA).
"The planned investment underlines not only our confidence in China's long-term economic prospects, but also in the innovation capabilities of our Chinese partners," said Oliver Zipse, chairman of the Board of Management of BMW AG, in a speech.
SOUNDBITE (English): OLIVER ZIPSE, Chairman of the
- Product Code
- ILEA002618650
- Registered date
- 2024/4/27 00:00:00
- Credit
- Xinhua / Kyodo News Images
- Media source
- Xinhua News Agency.All Rights Reserved
- Media size
- 1920 × 1080 pixel
- Deployment size
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