Foreign enterprises confident in investing in China

STORY: Foreign enterprises have confidence in investing in China DATELINE: July 21, 2022 LENGTH: 00:01:35 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of manufacturing industry in China 2. SOUNDBITE 1 (English): JON PENRICE, President of Dow for Asia Pacific 3. SOUNDBITE 2 (Chinese): MA QINGHAI, General Manager, SMC Investment Management China Co., Ltd. 4. SOUNDBITE 3 (English): NITIN KARAMCHANDANI, Indian businessman in Xiamen 5. SOUNDBITE 4 (English): NICOLAS POIROT, President and CEO for China unit of Air Liquide STORYLINE: Despite rising deglobalization and protectionism, in 2021, China's actual use of foreign direct investment (FDI) reached 1.15 trillion yuan (about 170 billion U.S. dollars), ranking second in the world, up 62.9 percent from 2012. The strong increase serves as an answer to worries that China would lose its appeal to foreign investors after it abolished preferential policies for foreign firms over a decade ago. Instead of tax breaks and cheap labor, steady development and

China's foreign trade surges despite COVID-19 jitters, trade outlook still resilient

STORY: China's foreign trade surges despite COVID-19 jitters, trade outlook still resilient DATELINE: July 13, 2022 LENGTH: 00:02:16 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of general views 2. SOUNDBITE 1 (Chinese/English interpretation): LI KUIWEN, Spokesperson for the General Administration of Customs 3. SOUNDBITE 2 (English): NITIN KARAMCHANDANI, Indian businessman in Xiamen 4. SOUNDBITE 3 (English): JON PENRICE, President of Dow for Asia Pacific 5. SOUNDBITE 4 (English): NICOLAS POIROT, President and CEO for China unit of Air Liquide STORYLINE: China's foreign trade of goods jumped 9.4 percent year on year to 19.8 trillion yuan (about 2.94 trillion U.S. dollars) during the first half of the year. According to the General Administration of Customs (GAC), exports rose 13.2 percent year on year, while imports increased 4.8 percent from a year ago. SOUNDBITE 1 (Chinese/English interpretation): LI KUIWEN, Spokesperson for the General Administration of Customs "In the first half of this ye

Indian businessman eyes better opportunities in China

STORY: Indian businessman eyes better opportunities in China DATELINE: June 21, 2022 LENGTH: 0:03:19 LOCATION: XIAMEN, China CATEGORY: ECONOMY SHOTLIST: 1. various of Nitin Karamchandani 2. SOUNDBITE 1 (English): NITIN KARAMCHANDANI, Indian businessman in Xiamen 3. SOUNDBITE 2 (English): NITIN KARAMCHANDANI, Indian businessman in Xiamen 4. SOUNDBITE 3 (English): NITIN KARAMCHANDANI, Indian businessman in Xiamen 5. SOUNDBITE 4 (English): NITIN KARAMCHANDANI, Indian businessman in Xiamen STORYLINE: Nitin Karamchandani, an Indian businessman from India, came to China's Xiamen in 2017, the exact year a BRICS summit was held in the city. He settled down in China after living in the United States for more than a decade. Now, Karamchandani said he made the right choice. SOUNDBITE 1 (English): NITIN KARAMCHANDANI, Indian businessman in Xiamen "China is booming day after day, the economy here is growing and China is the big hub for manufacture sector. We have been working very closely with all these kind of supp