ILEA002618650: BMW to further invest 2.8 bln USD in NE China production base

BMW Brilliance rolls off 6 millionth vehicle

STORY: BMW Brilliance rolls off 6 millionth vehicle SHOOTING TIME: May 8, 2024 DATELINE: May 10, 2024 LENGTH: 00:01:16 LOCATION: SHENYANG, China CATEGORY: MARKET/TECHNOLOGY SHOTLIST: 1. various of the roll-off ceremony 2. various of the production line 3. SOUNDBITE (Chinese): LI KAI, Vice President, China Academy of Northeast Revitalization STORYLINE: A BMW i5 electric car rolled off the assembly line on Wednesday in northeast China's Shenyang, the capital city of Liaoning Province. It marked the 6 millionth car produced by BMW Group's joint venture in China, BMW Brilliance Automotive (BBA). This came just 15 months after the joint venture produced its 5 millionth car. In April, the BMW Group announced an additional investment of 20 billion yuan (about 2.8 billion U.S. dollars) in the Shenyang production base. The German carmaker said that the investment will be used for upgrading and innovating BBA's Dadong plant, which was founded in 2003. In 2023, the BMW Group delivered a total of more

Kenya hosts China-Africa economic trade expo amid growing Sino-African ties

STORY: Kenya hosts China-Africa economic trade expo amid growing Sino-African ties SHOOTING TIME: May 9, 2024 DATELINE: May 10, 2024 LENGTH: 00:02:28 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. various of the expo 2. various of delegations 3. SOUNDBITE 1 (Chinese): JIANG QINGBIN, Vice president of Sany Group and Chairman of Sany Africa 4. SOUNDBITE 2 (English): TITO MUTAI, Businessman, Kenya 5. SOUNDBITE 3 (English): FREDRICK MUKILYA, Official, Kenya National Chamber of Commerce and Industry 6. various of the expo STORYLINE: The China-Africa Economic and Trade Expo (CAETE) in Africa (Kenya) 2024 kicked off on Thursday in the Kenyan capital of Nairobi as trade and investment between the two sides continue to expand. The three-day event in Kenya attracted a high-level delegation from central China's Hunan Province. SOUNDBITE 1 (Chinese): JIANG QINGBIN, Vice president of Sany Group and Chairman of Sany Africa "The China-Africa Economic and Trade Expo is very meaningful for Chinese enterprises to

China-Kazakhstan (Xi'an) Trade Logistics terminal contributes to win-win cooperation

STORY: China-Kazakhstan (Xi'an) Trade Logistics terminal contributes to win-win cooperation SHOOTING TIME: Recent footage DATELINE: May 9, 2024 LENGTH: 00:01:11 LOCATION: XI'AN, China CATEGORY: ECONOMY SHOTLIST: 1. various of China-Kazakhstan (Xi'an) Trade Logistics 2. SOUNDBITE 1 (Chinese): SADVAKKAS SEITZHANOV, General manager of the Chinese branch of KTZ Express 3. SOUNDBITE 2 (Chinese): YUAN XIAOJUN, General manager of Xi'an Free Trade Port Construction and Operation Co., Ltd. STORYLINE: China-Kazakhstan (Xi'an) Trade Logistics, located in Xi'an International Port Station in northwest China's Shaanxi Province, is fostering win-win cooperation between China and Kazakhstan. Established last December, the terminal is a collaboration between KTZ Express, a subsidiary of Kazakhstan's national railway company Kazakhstan Temir Zholy (KTZ) and Xi'an Free Trade Port Construction and Operation. SOUNDBITE 1 (Chinese): SADVAKKAS SEITZHANOV, General manager of the Chinese branch of KTZ Express "As we're an intell

Sci-tech innovation empowers modern coal industry in China's Ningxia

STORY: Sci-tech innovation empowers modern coal industry in China's Ningxia SHOOTING TIME: April 9, 2024 DATELINE: May 9, 2024 LENGTH: 00:03:31 LOCATION: YINCHUAN, China CATEGORY: ECONOMY SHOTLIST: 1. STANDUP 1 (English): EL BATOUL NEJJAOUI, Moroccan expat 2. SOUNDBITE 1 (Chinese): ZHANG GUOJUN, Ningxia Ningdong Advanced Materials Co., Ltd. 3. STANDUP 2 (English): EL BATOUL NEJJAOUI, Moroccan expat 4. SOUNDBITE 2 (Chinese): LI XILE, Ningxia Ningdong Advanced Materials Co., Ltd. 5. STANDUP 3 (English): EL BATOUL NEJJAOUI, Moroccan expat 6. SOUNDBITE 3 (Chinese): ZHANG GUOJUN, Ningxia Ningdong Advanced Materials Co., Ltd. 7. STANDUP 4 (English): EL BATOUL NEJJAOUI, Moroccan expat STORYLINE: STANDUP 1 (English): EL BATOUL NEJJAOUI, Moroccan expat "Hello everyone. I am EL Batoul Nejjaoui from Morocco. Today, I am visiting the Ningdong Energy and Chemical Industry Base in northwest China's Ningxia. Here, modern coal chemical technology possesses a magical power, transforming buried coal underground into product

Chongqing ushers in new low-altitude consumption scenarios

STORY: Chongqing ushers in new low-altitude consumption scenarios SHOOTING TIME: April 30, 2024 DATELINE: May 5, 2024 LENGTH: 00:02:02 LOCATION: CHONGQING, China CATEGORY: ECONOMY/MARKET SHOTLIST: 1. various of people enjoying aerial views of the city's landmarks 2. SOUNDBITE 1 (Chinese): REN YUN, Engineer of Chongqing Liangjiang Aviation and Aerospace Industry Investment Group Co., Ltd 3. SOUNDBITE 2 (Chinese): LIN HONG, Engineer, Beijing Institute of Technology Chongqing Innovation Center, Cool Black Intelligent Flight Technology (Chongqing) Co., Ltd. STORYLINE: Southwest China's Chongqing Municipality planned to introduce a slew of new consumption scenarios starting from Tuesday via a week-long promotion event to stimulate the low-altitude economy. Chongqing intends to introduce diverse recreational activities related to low-altitude sports and tourism. These activities include parachuting, paragliding, and sightseeing over the Yangtze River and the cityscape of Chongqing on a balloon, helicopter, or f

Türkiye's exports reach over 19 bln USD in April

STORY: Türkiye's exports reach over 19 bln USD in April SHOOTING TIME: May 3, 2024 DATELINE: May 4, 2024 LENGTH: 0:01:08 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of shipping trade in Türkiye STORYLINE: Türkiye's exports slightly increased by 0.13 percent annually in April, amounting to 19.3 billion U.S. dollars, a cabinet minister said on Friday, citing preliminary data. "It is a limited increase, but this is mainly because factories are closed for the first half of April during the one-week Ramadan holiday," Turkish Trade Minister Omer Bolat said at a press conference. Imports rose by 4.24 percent year-on-year to 29.17 billion dollars in April, he said, adding, "We managed to keep it below the limit of 30 billion dollars." In the January-April period, the country's overseas shipments totaled 82.9 billion dollars, up by 2.7 percent from the prior year, Bolat said. Türkiye's trade balance posted a deficit of 9.9 billion dollars in April, with an annual hike of 13.3 percent, he ad

China's NEV industry development impressive: Observer

STORY: China's NEV industry development impressive: Observer SHOOTING TIME: May 4, 2024 DATELINE: May 4, 2024 LENGTH: 00:01:22 LOCATION: Beijing CATEGORY: TECHNOLOGY SHOTLIST: 1. various of 2024 Beijing International Automotive Exhibition 2. SOUNDBITE (English): FABIAN BRANDT, Partner, Global Head of Automotive and Industrial Goods, Oliver Wyman STORYLINE: 2024 Beijing International Automotive Exhibition, China's largest auto show continuing through May 4, showcases an unprecedented number of new energy vehicles (NEVs), with 278 NEV models on display, reflecting a greener and smarter trend in the global auto market. Fabian Brandt from the management consulting firm Oliver Wyman has closely observed the Chinese auto market for years. He noted that the rapid development of China's NEV industry is impressive in its advanced technology and design. SOUNDBITE (English): FABIAN BRANDT, Partner, Global Head of Automotive and Industrial Goods, Oliver Wyman "The progress that the industry is making in general,

Hungary welcomes more Chinese investment: HIPA's chief

STORY: Hungary welcomes more Chinese investment: HIPA's chief SHOOTING TIME: Feb. 20, 2024 DATELINE: May 3, 2024 LENGTH: 0:01:29 LOCATION: Budapest CATEGORY: ECONOMY SHOTLIST: 1. various of Hungary 2. SOUNDBITE (Hungarian): ISTVAN JOO, CEO, Hungarian Investment Promotion Agency 3. various of Hungary 4. various of China STORYLINE: Istvan Joo, CEO of the Hungarian Investment Promotion Agency (HIPA), has commended the contribution of Chinese investment to Hungary's economic development. Figures published by HIPA indicate that Hungary received a record volume of 13 bln euros (14.1 bln U.S. dollars) in foreign direct investment last year, including 7.6 billion euros from Chinese investors. SOUNDBITE (Hungarian): ISTVAN JOO, CEO, Hungarian Investment Promotion Agency "Undoubtedly, the policy of opening to the East has borne fruit. 82 percent of this FDI stock has now come from the East, primarily from China. We are very proud of last year's results, with investments reaching 13 bln euros (14.1 bln U.S. dollar

Hitachi Energy confident in Chinese market

STORY: Hitachi Energy confident in Chinese market SHOOTING TIME: Recent footage DATELINE: May 2, 2024 LENGTH: 0:01:27 LOCATION: XI'AN, China CATEGORY: ECONOMY SHOTLIST: 1. various of Hitachi Energy 2. SOUNDBITE (Chinese): HUANG ZHENG, General manager, Xi'an Hitachi Energy Power Capacitor Co., Ltd. STORYLINE: A manager with power equipment multinational Hitachi Energy has said that China's drive to realize "dual carbon goals" has resulted in the company's production plant in northwest China's Xi'an developing into its largest power capacitor manufacturing base across the world. In April 2023, a new manufacturing base in Xi'an, made possible by investment from Hitachi Energy, was put into use to produce capacitors and power-quality products. The products are now exported to Europe, the United States, Oceania and Africa, which further increases Hitachi Energy's confidence in the Chinese market. SOUNDBITE (Chinese): HUANG ZHENG, General manager, Xi'an Hitachi Energy Power Capacitor Co., Ltd. "Our company ha

African leaders call for increased concessional funding from World Bank's IDA

STORY: African leaders call for increased concessional funding from World Bank's IDA SHOOTING TIME: April 29, 2024 DATELINE: April 30, 2024 LENGTH: 00:05:43 LOCATION: Nairobi CATEGORY: POLITICS SHOTLIST: 1. various of the summit 2. SOUNDBITE 1 (English): WILLIAM RUTO, Kenyan President 3. various of guests 4. SOUNDBITE 2 (English): NANA ADDO DANKWA AKUFO-ADDO, Ghanaian President 5. SOUNDBITE 3 (English): SAMIA SULUHU, Tanzanian President 6. various of the summit STORYLINE: African leaders on Monday began a two-day summit in Nairobi, the Kenyan capital, by calling for increased concessional funding from the World Bank's International Development Association (IDA). The leaders called for a tripling of the financing capacity of the IDA, which supports low-income countries with grants and long-term low-interest loans for development, to 279 billion U.S. dollars by 2030. "Our proposal and request entail a vision for Africa-driven socio-economic development, executed with transparency and inclusiveness, and our

BMW to further invest 2.8 bln USD in NE China production base

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