CHINA-GANSU-JISHISHAN-EARTHQUAKE-NEW YEAR (CN)

CHINA-GANSU-JISHISHAN-EARTHQUAKE-NEW YEAR (CN)

(240101) -- JISHISHAN, Jan. 1, 2024 (Xinhua) -- Zhao Huaisheng tidies bed at a social welfare institution in Jishishan County, northwest China's Gansu Province, Dec. 28, 2023. TO GO WITH "Across China: New Year wishes from quake-hit county" (Xinhua/Ren Yanxin)

Increasing foreign investment in NE China highlights new opportunities

STORY: Increasing foreign investment in NE China highlights new opportunities DATELINE: Oct. 23, 2023 LENGTH: 00:02:41 LOCATION: SHENYANG, China CATEGORY: ECONOMY SHOTLIST: 1. various of the factory 2. SOUNDBITE 1 (Chinese): JIANG HUAISHENG, General manager of Vitesco Automotive Changchun Co., Ltd. 3. various of the factory 4. SOUNDBITE 2 (German): HELMUT STETTNER, CEO, Audi FAW NEV Co., Ltd. 5. various of the factory 6. SOUNDBITE 3 (English): MILAN NEDELJKOVIC, Member of board of management of BMW AG STORYLINE: A slew of multinational corporations have invested or increased their investment in various sectors in northeast China, making the region a hot spot for foreign investment. Vitesco Automotive Changchun Co., Ltd. has invested more than 500 million yuan (about 69.6 million U.S. dollars) in Jilin Province, one of its important production bases, in the past three years. SOUNDBITE 1 (Chinese): JIANG HUAISHENG, General manager of Vitesco Automotive Changchun Co., Ltd. "With the recovery of the Chinese

Foreign firms boost investment in NEV-related industries in China's Changchun

STORY: Foreign firms boost investment in NEV-related industries in China's Changchun DATELINE: Sept. 29, 2023 LENGTH: 00:02:26 LOCATION: CHANGCHUN, China CATEGORY: ECONOMY SHOTLIST: 1. various of manufacture of vehicles 2. SOUNDBITE 1 (Chinese): JIANG HUAISHENG, General manager of Vitesco Automotive Changchun Co., Ltd. 3. SOUNDBITE 2 (Chinese): YANG CHANGMING, General Manager of Kumho Tire (Changchun) Co., Ltd. STORYLINE: The rise of new energy vehicles (NEV) is transforming China's automotive industry landscape. In Changchun, a city regarded as the cradle of China's auto industry, some foreign-invested companies are expanding their presence in the Chinese market, especially for NEV-related production. Vitesco Automotive Changchun is a significant production hub for Germany's Vitesco Technologies in China. In August this year, its brand-new R&D center in Changchun was officially launched, driving the company's transition towards electrification. SOUNDBITE 1 (Chinese): JIANG HUAISHENG, General manager o

China's auto industry rides new wave of smart, electric innovation

STORY: China's auto industry rides new wave of smart, electric innovation DATELINE: July 14, 2023 LENGTH: 00:02:53 LOCATION: CHANGCHUN, China CATEGORY: ECONOMY SHOTLIST: 1. various of China FAW Group 2. SOUNDBITE 1 (Chinese): ZHOU SHIYING, Vice president of FAW Global R&D Center 3. various of production lines 4. SOUNDBITE 2 (Chinese): GUO YACHEN, New energy department, FAW Jiefang 5. various of production lines 6. SOUNDBITE 3 (Chinese): WANG LINGYU, Vice general manager of China FAW Group Import & Export Co., Ltd. 7. various of vehicles 8. SOUNDBITE 4 (Chinese): JIANG HUAISHENG, General Manager, Vitesco Automotive Electronics (Changchun) Co., Ltd. 9. various of China FAW Group STORYLINE: The construction of the First Automotive Works, China's first automotive manufacturing plant and predecessor of FAW Group Co., Ltd., was launched in Changchun on July 15, 1953, marking the beginning of the nation's auto industry. From its first car rolling off the production line to being one of the world's top 500 compan

China's booming NEV market provides opportunities for foreign automakers

STORY: China's booming NEV market provides opportunities for foreign automakers DATELINE: July 13, 2023 LENGTH: 0:01:29 LOCATION: CHANGCHUN, China CATEGORY: ECONOMY SHOTLIST: 1. various of cars 2. SOUNDBITE 1 (German): OLIVER BLUME, Chairman of the Board of Management of Volkswagen AG 3. SOUNDBITE 2 (Chinese): JIANG HUAISHENG, General Manager, Vitesco Automotive Electronics (Changchun) Co., Ltd. STORYLINE: The new energy vehicle (NEV) market in China has provided opportunities for foreign automakers. The latest official figures show, in the first half of this year, China's NEV sales surged 44.1 percent year on year to nearly 3.75 million units. Many global automakers are eyeing the potential of the consumer market in the NEV sector. SOUNDBITE 1 (German): OLIVER BLUME, Chairman of the Board of Management of Volkswagen AG "We have noticed that China's NEV market is growing rapidly. Volkswagen has very ambitious transformation goals. On the one hand, Volkswagen attaches great importance to sustainability.

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

Booming auto industry in China's Changchun attracts German companies

STORY: Booming auto industry in China's Changchun attracts German companies DATELINE: Jan. 9, 2023 LENGTH: 0:01:00 LOCATION: CHANGCHUN, China CATEGORY: ECONOMY SHOTLIST: 1. various of Continental Automotive Changchun Co., Ltd 2. various of Vitesco Automotive Changchun Co., Ltd 3. SOUNDBITE 1 (Chinese): ZHAO HAIYAN, CFO, Continental Automotive Changchun Co., Ltd 4. SOUNDBITE 2 (Chinese): JIANG HUAISHENG, General manager, Vitesco Automotive Changchun Co., Ltd STORYLINE: The booming auto industry in China's Changchun has attracted many German companies to invest and set up factories. Despite the COVID-19 pandemic, many German companies are eyeing the potentials in the Chinese market, and they foresee long-term success, given China's promising economic prospects and sound business environment. SOUNDBITE 1 (Chinese): ZHAO HAIYAN, CFO, Continental Automotive Changchun Co., Ltd "Even faced with challenges from the pandemic, we are still full of confidence in the market. In 2022, our fixed asset investment reach