China's high-standard opening-up boosts foreign investment, global prosperity

STORY: China's high-standard opening-up boosts foreign investment, global prosperity SHOOTING DATE: Earlier footage DATELINE: Jan. 8, 2024 LENGTH: 00:02:36 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China and trade 2. SOUNDBITE 1 (English): ANDREAS GLUNZ, Legal representative of BMW (China) Insurance Brokers Co., Ltd. 3. SOUNDBITE 2 (English): PETER LEGNER, CEO of HOMAG China 4. SOUNDBITE 3 (English): HORST LOECHEL, Professor of economics at the Frankfurt School of Finance and Management 5. SOUNDBITE 4 (English): ASAD ALI SHAH, Deputy chief of Economic Research and International Cooperation Section, Pakistan's Ministry of Planning, Development and Special Initiatives STORYLINE: Despite the rising tide of deglobalization and protectionism, China has remained committed to advancing high-quality development and high-standard opening-up. The country has worked to expand institutional opening-up, reduce restrictions on foreign investment, and improve the business environment, providing promisi

China's development success a great opportunity for world economy, says expert

STORY: China's development success a great opportunity for world economy, says expert SHOOTING TIME: Dec. 18, 2023 DATELINE: Jan. 3, 2024 LENGTH: 00:01:33 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of street view in China 2. SOUNDBITE 1 (English): HORST LOECHEL, Professor of economics at the Frankfurt School of Finance and Management 3. SOUNDBITE 2 (English): HORST LOECHEL, Professor of economics at the Frankfurt School of Finance and Management 4. various of China's innovative projects STORYLINE: A leading German economist has said China's development success in recent decades has benefited foreign companies, and its vast market continues to hold promise for European firms. SOUNDBITE 1 (English): HORST LOECHEL, Professor of economics at the Frankfurt School of Finance and Management "I think the opening-up of China and the huge success of Chinese development, let's say the amazing success in the last 45 years or so, was also great for foreign companies. They make a very good busi