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Mega China-Saudi Arabia chemical project kicks off construction

STORY: Mega China-Saudi Arabia chemical project kicks off construction DATELINE: March 31, 2023 LENGTH: 0:00:52 LOCATION: SHENYANG, China CATEGORY: ECONOMY SHOTLIST: 1. various of the ceremony 2. various of the chemical project STORYLINE: Construction of a major chemical project jointly invested by China and Saudi Arabia started Wednesday in Panjin, northeast China's Liaoning Province. The total investment of the project is 83.7 billion yuan (about 12.2 billion U.S. dollars). Saudi Aramco holds a 30 percent stake, while two Chinese companies have the rest. After being put into operation, the project is expected to become a world-class petrochemical and fine chemical industry base in China. The joint venture Huajin Aramco Petrochemical Company (HAPCO) will be completed in 2025. It's expected to have an annual oil refining capacity of 15 million tonnes, and an annual production capacity of 1.65 million tonnes of ethylene and 2 million tonnes of P-xylene (PX). Xinhua News Agency correspondents reporting

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E-commerce booming in Türkiye despite economic woes

STORY: E-commerce booming in Türkiye despite economic woes DATELINE: March 31, 2023 LENGTH: 00:03:52 LOCATION: ANKARA CATEGORY: ECONOMY SHOTLIST: 1. various of people on the streets and at shopping in Türkiye 2. various of websites about e-commerce in Türkiye 3. SOUNDBITE (Turkish): DOGUKAN YAVUZ, E-commerce expert STORYLINE: Offering good deals to cash-strapped Turkish consumers in search of better value, online shopping is growing in Türkiye amid the cost of living squeeze. According to an annual report revealed by IdeaSoft, Türkiye's largest supplier of e-commerce infrastructure for small, medium, and large-sized companies, online commerce has grown by 74 percent in 2022. The e-commerce sales in Türkiye soared 69 percent in 2021 from the previous year, according to official data. Experts said that the reason behind this e-commerce boom is that consumers' tendency is to buy cheap stuff online as they lost considerable purchasing power in the past couple of years due to soaring inflation. The sectors

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Chinese company increases overseas investments, achieving win-win results

STORY: Chinese company increases overseas investments, achieving win-win results DATELINE: March 30, 2023 LENGTH: 00:01:30 LOCATION: SHENYANG, China CATEGORY: ECONOMY SHOTLIST: 1. various of the Wellhope Foods Co., Ltd. 2. various of Golden Harvesta INC. 3. SOUNDBITE 1 (Filipino): EUNICE HILARIO, Local farmer 4. various of production 5. SOUNDBITE 2 (English): PRAJAYA, Joint venture partner of PT Mulia Harvest Agritech in Indonesia 6. various of production 7. SOUNDBITE 3 (Chinese): JIN WEIDONG, Chairman of Wellhope Foods Company Limited STORYLINE: Headquartered in northeast China's Shenyang, Wellhope Foods Co., Ltd. is a private enterprise mainly focusing on fodder trade, pig raising, and food processing. Since 2013, Wellhope has invested and built factories in the Philippines, Indonesia and other Belt and Road countries, bringing win-win results. Golden Harvesta INC. in the Philippines is one of the companies Wellhope has invested in. It has brought tangible benefits to local farmers. SOUNDBITE 1 (Filip

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TÜRKIYE-ANTALYA-E-COMMERCE-BOOMING

(230329) -- ANTALYA (TÜRKIYE), March 29, 2023 (Xinhua) -- A woman shops online in Antalya, Türkiye, on March 29, 2023. Offering good deals to cash-strapped Turkish consumers in search of better value, online shopping is growing in Türkiye amid the cost of living squeeze. According to an annual report revealed by IdeaSoft, Türkiye's largest supplier of e-commerce infrastructure for small, medium, and large-sized companies, online commerce has grown by 74 percent in 2022. (Photo by Mustafa Kaya/Xinhua) TO GO WITH Feature: E-commerce booming in Türkiye despite economic woes

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TÜRKIYE-ANTALYA-E-COMMERCE-BOOMING

(230329) -- ANTALYA (TÜRKIYE), March 29, 2023 (Xinhua) -- A woman shops online in Antalya, Türkiye, on March 29, 2023. Offering good deals to cash-strapped Turkish consumers in search of better value, online shopping is growing in Türkiye amid the cost of living squeeze. According to an annual report revealed by IdeaSoft, Türkiye's largest supplier of e-commerce infrastructure for small, medium, and large-sized companies, online commerce has grown by 74 percent in 2022. (Photo by Mustafa Kaya/Xinhua) TO GO WITH Feature: E-commerce booming in Türkiye despite economic woes

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Indonesia business leader hopes for working with China on NEV development

STORY: Indonesia business leader hopes for working with China on NEV development DATELINE: March 29, 2023 LENGTH: 0:01:54 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of new energy vehicles on the streets of Indonesia 2. various of electric car production in a Chinese factory 3. SOUNDBITE (English): KUKUH KUMARA, Secretary General of GAIKINDO (Association of Indonesian Automotive Industries) STORYLINE: An Indonesian business leader in the auto industry expressed hope for working with China for new energy vehicle production in Indonesia and learning from China's experience. SOUNDBITE (English): KUKUH KUMARA, Secretary General of GAIKINDO (Association of Indonesian Automotive Industries) "Indonesia has what we call a road map for achieving what we call net zero emission. The alternative one is having new energy vehicles. One of them is the electric vehicles. We can improve the existing technology, but we also embrace the new technology. I see a number of companies from China. Of course, they ha

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China files record number of European patent applications in 2022

STORY: China files record number of European patent applications in 2022 DATELINE: March 29, 2023 LENGTH: 00:01:04 LOCATION: Berlin CATEGORY: ECONOMY SHOTLIST: 1. various of European Patent Office STORYLINE: Chinese companies and inventors filed a record high of 19,041 patent applications at the European Patent Office (EPO) in 2022. This is according to the Patent Index 2022 of the office Tuesday. This marks an increase of 15.1 percent year-on-year, the highest among the 20 major patent filing countries. The top five applicant countries are the United States, Germany, Japan, China, and France, with China and the United States being the main engines of growth in patent filings. In the company ranking, Huawei was still the largest patent applicant at the EPO in 2022, filing some 4,500 patents, up more than 27 percent year-on-year. An EPO spokesperson said patent filings from China, now accounting for nearly 10 percent of the total applications at the office, have more than doubled over the past five yea

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Upgrade of China's supply chain brings more opportunities: Honeywell

STORY: Upgrade of China's supply chain brings more opportunities: Honeywell DATELINE: March 28, 2023 LENGTH: 00:00:52 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of views in China 2. SOUNDBITE 1 (English): HENRY LIU, Vice president and general manager of Honeywell Performance Materials and Technologies (PMT) for Asia Pacific 3. various of views in China 4. various of views of Honeywell building STORYLINE: China's green development and supply chain upgrade brings more opportunities for foreign companies, including U.S. industrial conglomerate Honeywell. SOUNDBITE 1 (English): HENRY LIU, Vice president and general manager of Honeywell Performance Materials and Technologies (PMT) for Asia Pacific "In China's pursuit of modernization, Chinese enterprises are engaged in the reconstruction of the value chain and industrial chain. We can grow together with them. China's drive for green and sustainable development requires the upgrade of the supply chain layout. Chinese enterprises are workin

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Driverless cars ready for hire in suburban Beijing

STORY: Driverless cars ready for hire in suburban Beijing DATELINE: March 28, 2023 LENGTH: 0:01:03 LOCATION: Beijing CATEGORY: TECHNOLOGY SHOTLIST: 1. various of driverless taxis STORYLINE: Driverless taxis are now available for hire in suburban Beijing, marking a new chapter in intelligent transport. Beijing earlier in March granted licenses to Chinese tech giant Baidu and autonomous vehicle startup Pony.ai to run fully driverless robotaxi services. The two companies, both among the leading players in China's autonomous driving industry, have each deployed 10 autonomous vehicles in a 60-square-kilometer area in Yizhuang, located in the southern suburb of Beijing. Xinhua News Agency correspondents reporting from Beijing. (XHTV)

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Addressing global supply chain concerns at BFA: Oliver Wyman partner

STORY: Addressing global supply chain concerns at BFA: Oliver Wyman partner DATELINE: March 27, 2023 LENGTH: 00:01:02 LOCATION: HAIKOU, China CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (English): BEN SIMPFENDORFER, Partner at Oliver Wyman 2. various of BFA conference venue STORYLINE: The Boao Forum for Asia (BFA) will hold its annual conference from Tuesday to Friday in Boao, a coastal town in China's island province of Hainan. Ben Simpfendorfer, a partner at consultancy Oliver Wyman, noted that industrial and supply chains are among the most focused issues in the current global economy, and the company will discuss how the international community should strengthen coordination and jointly maintain supply chain stability. SOUNDBITE (English): BEN SIMPFENDORFER, Partner at Oliver Wyman "The global supply chain is of particular concern. Companies are looking to build resiliency in the face of deglobalization, geopolitics, (and) energy shocks. So the opportunity to be able to talk about the impact of these sh

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Swedish enterprises seek closer cooperation with China in innovation

STORY: Swedish enterprises seek closer cooperation with China in innovation DATELINE: March 26, 2023 LENGTH: 0:01:32 LOCATION: SHENZHEN, China CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE (English): JAN LARSSON, CEO of Business Sweden STORYLINE: Business Sweden on Friday opened a new office in south China's Shenzhen to strengthen its presence in China and support the development of Swedish enterprises in the Greater Bay Area for innovative cooperation. SOUNDBITE (English): JAN LARSSON, CEO of Business Sweden "I think investments from Sweden to China are focusing very much on innovation. And that's an important change because only 10 to 15 years back, Sweden thought of China as the very efficient and good factory of the world. And now we see China as a very important market in itself, a rich country, a developing country, and a growing economy where Swedish companies want to participate and sell. But also, there is so much development, so much innovation happening in China. The Swedish comp

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Deutsche Bank stocks sink

STORY: Deutsche Bank stocks sink DATELINE: March 26, 2023 LENGTH: 00:01:11 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of the Deutsche Bank and Commerzbank AG 2. various of street views STORYLINE: The share prices of Germany's biggest lender Deutsche Bank (DB) plunged on Friday as concerns about the health of European banks are mounting in the wake of the collapse of banks in the United States. DB topped the list of companies that suffered the sharpest decline of their shares on the German stock exchange (Deutsche Boerse), down 8.53 percent at closing on Friday. The share price of Commerzbank AG, the second largest bank in Germany, dropped 5.45 percent. DB has lost some 30 percent of its market value since the onset of worries about the banking sector sparked by the shutdown of the U.S. Silicon Valley Bank about two weeks ago. There is still no sign that investors' nervousness about European banks is abating. The slump of share prices of DB and Commerzbank is believed to

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- A man works at a workshop of Dewei Stainless Steel in Jiaxing, east China's Zhejiang Province, March 23, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 percent, accounting for 78.3 percent

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- An industry robot works at the analysis and testing center of Konfoong Materials International Co., Ltd. in Ningbo, east China's Zhejiang Province, March 21, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises in

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- A seller promotes snacks via livestreaming at a health industry company in Hangzhou, east China's Zhejiang Province, March 23, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 percent, accoun

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- A worker operates an automatic machine at a laboratory of Right Silver in Hangzhou, east China's Zhejiang Province, March 22, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 percent, account

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- A technician operates a production management system at a workshop of Dewei Stainless Steel in Jiaxing, east China's Zhejiang Province, March 23, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 1

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- A worker works at an automatic packaging line in Jiaxing base of Satellite Chemical Co., Ltd. in east China's Zhejiang Province, March 23, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 per

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- Researchers work at a laboratory of Ningbo EST Technology Co., Ltd. in Ningbo, east China's Zhejiang Province, March 21, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 percent, accounting f

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- Workers work at a workshop of Jack Sewing Machine Co., Ltd. in Taizhou, east China's Zhejiang Province, March 23, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 percent, accounting for 78.3

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- A woman works at a digital workshop of a hosiery company in Anhua Township of Zhuji, east China's Zhejiang Province, March 21, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 percent, accoun

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- Employees work at a production line of Ningbo EST Technology Co., Ltd. in Ningbo, east China's Zhejiang Province, March 21, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 percent, accountin

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- Workers work at a workshop of Jack Sewing Machine Co., Ltd. in Taizhou, east China's Zhejiang Province, March 23, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 percent, accounting for 78.3

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- Staff members discuss the design of package at a health industry company in Hangzhou, east China's Zhejiang Province, March 23, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 percent, accou

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- A worker operates an automatic machine at a laboratory of Right Silver in Hangzhou, east China's Zhejiang Province, March 22, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 percent, account

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- Technicians work in Jiaxing base of Satellite Chemical Co., Ltd. in east China's Zhejiang Province, March 23, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 percent, accounting for 78.3 per

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- Workers work at a copper clad plate workshop of Wazam New Materials in Hangzhou, east China's Zhejiang Province, March 23, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 percent, accounting

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- This photo taken on March 23, 2023 shows a workshop of Dewei Stainless Steel in Jiaxing, east China's Zhejiang Province. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 percent, accounting for 78.

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CHINA-ZHEJIANG-PRIVATE ENTERPRISES (CN)

(230324) -- HANGZHOU, March 24, 2023 (Xinhua) -- Technicians work in Jiaxing base of Satellite Chemical Co., Ltd. in east China's Zhejiang Province, March 23, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. The number of registered private enterprises and self-employed households in the province reached 3.08 million and 6.04 million respectively in 2022. In the list of China's top 500 private companies, the total number of enterprises in Zhejiang has ranked the first in the country for 24 consecutive years. In 2022, the added value of private enterprises in Zhejiang reached 1,538.5 billion yuan (about 223.5 billion U.S. dollars), with an increase of 5.2 percent over the previous year. Private investment increased by 4.7 percent, accounting for 56.4 percent of total fixed asset investment. Imports and exports by private enterprises increased by 16.9 percent, accounting for 78.3 per

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Chinese textile hub taps into South Korean market

STORY: Chinese textile hub taps into South Korean market DATELINE: March 24, 2023 LENGTH: 00:01:20 LOCATION: HANGZHOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of the exhibition 2. SOUNDBITE 1 (Korean): JEONG INGI, South Korean businessman 3. SOUNDBITE 2 (Chinese): SHENG YUEJUN, Jinkeqiao Exhibition Co., Ltd. 4. SOUNDBITE 3 (Chinese): JU SANGHO, President of Korea Fiber Research Institute STORYLINE: Keqiao Textile Expo Overseas Exhibition kicked off Wednesday in Seoul, South Korea. 68 textile enterprises from Keqiao District of Shaoxing, east China's Zhejiang Province, showcased over 10,000 high-quality fabrics and accessories. The exhibition attracted more than 1,000 South Korean clothing companies and thousands of buyers. SOUNDBITE 1 (Korean): JEONG INGI, South Korean businessman "I'm more interested in natural materials and linen fabric, such as tencel, and other functional organic materials. I focused on those materials." Keqiao is home to "China Textile City," a world's leading textile distrib

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Egypt's Sukari gold mine sees robust production

STORY: Egypt's Sukari gold mine sees robust production DATELINE: March 23, 2023 LENGTH: 0:01:13 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1 various of the press conference of Egyptian Minister of Petroleum and Mineral Resources Tariq al-Mulla (file) 2 various of the minister inspecting the Sukari gold mine STORYLINE: Egyptian Minister of Petroleum and Mineral Resources Tariq al-Mulla said on Wednesday that the Sukari gold mine had produced 5.2 million ounces of gold since the onset of the production until the end of February with estimated revenues of about 7.5 billion U.S. dollars. It is expected to achieve more in light of investment and intensive exploration activities, as well as the start of commercial gold mining in southern Egypt. During an inspection tour of the Sukari gold mine in the eastern desert, the minister said that the research and exploration activities in the mining areas of Egypt grow, in light of the entry of international mining companies into the Egyptian market through proposed

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Egypt, Russia hold 14th meeting of joint committee

STORY: Egypt, Russia hold 14th meeting of joint committee DATELINE: March 21, 2023 LENGTH: 00:01:46 LOCATION: Cairo CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of the meeting between the Egyptian minister of trade and industry and his Russian counterpart 2. SOUNDBITE (Arabic): AHMED SAMIR, Egyptian Minister of Trade and Industry STORYLINE: The Egyptian Minister of Trade and Industry Ahmed Samir held with his Russian counterpart the 14th meeting of the joint Russian-Egyptian committee for trade, economic, scientific and technical cooperation on Monday. The Russian delegation included more than 100 representatives of government institutions and Russian companies. SOUNDBITE (Arabic): AHMED SAMIR, Egyptian Minister of Trade and Industry "There are many aspects that we build on with regards to joint cooperation. We are concerned with developing and reinforcing trade and economic relations between our two friendly countries to deepen the strategic partnership in different fields that proved to be very impo

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Baghdad holds int'l flower festival

STORY: Baghdad holds int'l flower festival DATELINE: March 19, 2023 LENGTH: 00:01:31 LOCATION: Baghdad CATEGORY: CULTURE SHOTLIST: 1. various of the flower festival STORYLINE: The 12th Baghdad International Flower Festival was held on Saturday in the Iraqi capital, with the participation of local and international companies. Baghdad Mayor Ammar Musa said the festival has been organized since 2009, with the aim to "spread the culture of beauty, given that flowers represent a human message that transcends continents and borders." Xinhua News Agency correspondents reporting from Baghdad. (XHTV)

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Foreign firms bullish on China's strong recovery

STORY: Foreign firms bullish on China's strong recovery DATELINE: March 18, 2023 LENGTH: 00:03:33 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of city scenes 2. various of Beijing Benz Automotive Co., Ltd. (BBAC) 3. SOUNDBITE 1 (English): ARNO VAN DER MARWE, BBAC CEO and president 4. various of Bitzer Refrigeration Technology (China) Co., Ltd. 5. SOUNDBITE 2 (English): KARL HEINZ MEISTER, Vice president of the Bitzer Asia-Pacific Area 6. various of Niukouyu Wetland Park 7. SOUNDBITE 3 (English): CHRISTOPHE MAQUET, Member of Veolia Environnement Executive Committee, Senior Executive Vice President for Veolia's Asia-Pacific region 8. SOUNDBITE 4 (English): ARNO VAN DER MARWE, BBAC CEO and president 9. SOUNDBITE 5 (English): KARL HEINZ MEISTER, Vice president of the Bitzer Asia-Pacific Area 10. SOUNDBITE 6 (English): CHRISTOPHE MAQUET, Member of Veolia Environnement Executive Committee, Senior Executive Vice President for Veolia's Asia-Pacific region STORYLINE: Several foreign companies based in B

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Reviving offline fairs show China's burgeoning economic recovery

STORY: Reviving offline fairs show China's burgeoning economic recovery DATELINE: March 17, 2023 LENGTH: 00:02:18 LOCATION: GUANGZHOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of Guzhen lighting fair venue 2. SOUNDBITE (English): ISSAM SARAKBI, General manager of Guangzhou Is Technology Co., Ltd 3. various of Canton Fair STORYLINE: As China optimized and adjusted measures for COVID-19 prevention and control, offline fairs have seen a comeback as more exhibitions are happening, with exhibitors scrambling to register for the upcoming events. The 28th China (Guzhen) International Lighting Fair (GILF) is set to kick off on Saturday in Guzhen Town, Zhongshan City in south China's Guangdong Province. It has fully resumed offline exhibitions with an exhibition area of more than 1.5 million square meters. The lighting fair has attracted more than 3,500 companies and over 60,000 registered professional buyers, including more than 2,400 professional buyers from over 110 countries and regions. SOUNDBITE (Engli

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Chinese construction equipment wins recognition from overseas customers, partners

STORY: Chinese construction equipment wins recognition from overseas customers, partners DATELINE: March 17, 2023 LENGTH: 00:01:15 LOCATION: LAS VEGAS, U.S. CATEGORY: ECONOMY/TECHNOLOGY SHOTLIST: 1. various of the CONEXPO-CON/AGG trade show 2. SOUNDBITE (English): BERND BLANKENBACH, R&D director of Omni Powertrain Technologies 3. various of construction equipment presented by Chinese manufacturers STORYLINE: Over 150 Chinese construction equipment companies are attending North America's largest construction trade show in Las Vegas. The CONEXPO-CON/AGG trade show runs from Tuesday to Saturday. The competence of Chinese construction manufacturers has also won recognition from their foreign counterparts. Omni Powertrain Technologies, a global provider of product solutions for modern powertrains of mechanical, hydraulic or electrical designs, started its business in China in 1986. SOUNDBITE (English): BERND BLANKENBACH, R&D director of Omni Powertrain Technologies "We have our development center in Shangha

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China Trade Fair Indonesia enhances economic cooperation

STORY: China Trade Fair Indonesia enhances economic cooperation DATELINE: March 17, 2023 LENGTH: 00:01:35 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of the China Trade Fair Indonesia 2023 2. various of the opening ceremony 3. various of Ke Jixin, Executive Vice Mayor of Hangzhou, visiting the China Trade Fair 4. SOUNDBITE 1 (Chinese): KE JIXIN, Executive Vice Mayor of Hangzhou 5. SOUNDBITE 2 (Indonesian): SURYANA, Visitor STORYLINE: The China Trade Fair Indonesia 2023 kicked off on Thursday in Jakarta, the capital of Indonesia, to enhance trade cooperation between the two countries. Over 700 Chinese companies participated in the event this year. The three-day fair has become the largest Chinese exhibition in Indonesia since the COVID-19 pandemic. An array of products are on display, including textile and apparel, consumer electronics, automotive parts, household appliances, and building materials. SOUNDBITE 1 (Chinese): KE JIXIN, Executive Vice Mayor of Hangzhou "We are glad to see that, th

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New Zealand GDP down 0.6 pct in Q4

STORY: New Zealand GDP down 0.6 pct in Q4 DATELINE: March 17, 2023 LENGTH: 00:02:05 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of traffic, office buildings, companies, manufacturing and products in market in New Zealand STORYLINE: New Zealand's gross domestic product (GDP) fell 0.6 percent in the December 2022 quarter, following a 1.7 percent rise in the previous quarter, according to quarterly figures released by the statistics department Stats NZ on Thursday. Nine of 16 industries experienced a decrease in activity compared with the September 2022 quarter, Stats NZ said. Manufacturing was the biggest driver of the decrease, down 1.9 percent, it said. "A fall in transport equipment, machinery, and equipment manufacturing corresponded to lower investment in plant, machinery and equipment, while reduced output in food, beverage and tobacco manufacturing was reflected in a drop in dairy and meat exports," Stats NZ national accounts industry and production senior manager Ruvani Ratnayak

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Japanese, S. Korean leaders meet in Tokyo amid raging opposition

STORY: Japanese, S. Korean leaders meet in Tokyo amid raging opposition DATELINE: March 17, 2023 LENGTH: 00:01:33 LOCATION: Tokyo CATEGORY: POLITICS SHOTLIST: 1. various of the street view in Tokyo 2. various of the protests 3. SOUNDBITE (Japanese): Protestor STORYLINE: Japanese Prime Minister Fumio Kishida met with visiting South Korean President Yoon Suk-yeol in Tokyo on Thursday, amid waves of opposition and criticism over ignoring history. At the Prime Minister's Official Residence, Kishida met with Yoon, who is on a two-day visit to Japan. It marked the first time in nearly five years that leaders of the two countries have held a summit in Japan. Yoon's visit followed his step to resolve the dispute over wartime laborers. South Korea earlier announced a plan that a local foundation would gather funds for South Koreans forced to work for Japanese companies during World War II and pay compensation the South Korean court judgment demanded from Japanese companies. Yoon's plan has been triggering resent

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Iraq's Erbil holds flowers and gardens exhibition

STORY: Iraq's Erbil holds flowers and gardens exhibition DATELINE: March 16, 2023 LENGTH: 00:02:44 LOCATION: ERBIL, Iraq CATEGORY: AGRICULTURE SHOTLIST: 1. various of the exhibition STORYLINE: The third Flowers and Gardens exhibition was launched on Wednesday in the city of Erbil, the capital of Iraqi Kurdistan. It will last for 3 days. The exhibition is organized by the Directorate of Gardens and Parks Engineering in Erbil, with the participation of more than 25 companies specialized in designing, agricultural devices and machinery. Affiliated to the Ministry of Municipality and Tourism in the Kurdistan Regional Government, the Directorate of Gardens and Parks Engineering in Erbil organizes the annual event in front of the Shanidar Park in the center of Erbil, aiming to promote the agricultural sector in the region. Xinhua News Agency correspondents reporting from Erbil, Iraq. (XHTV)

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"Ideal House" exhibition kicks off in Erbil, Iraq

STORY: "Ideal House" exhibition kicks off in Erbil, Iraq DATELINE: March 15, 2023 LENGTH: 00:03:10 LOCATION: ERBIL, Iraq CATEGORY: ENVIRONMENT SHOTLIST: 1. various of the exhibition 2. SOUNDBITE (Kurdish): HASSAN SAMI, director of the International Exhibition Center in Erbil STORYLINE: The second international "Ideal House" exhibition for furniture and home accessories kicked off in Erbil in Iraq's semi-autonomous Kurdistan region on Tuesday, which will continue until March 18, with the participation of 83 international companies and brands from 11 countries. SOUNDBITE (Kurdish): HASSAN SAMI, Director of the International Exhibition Center in Erbil "The aim of the exhibition is to provide an opportunity for merchants to display their goods and products and to show the bright side of our economy to the countries of the world. At the same time, it is to support local merchants who visit this exhibition. There is an important point that organizing exhibitions, it is not only a business, but rather the devel

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North America's largest construction trade show opens in U.S. Las Vegas

STORY: North America's largest construction trade show opens in U.S. Las Vegas DATELINE: March 15, 2023 LENGTH: 00:01:37 LOCATION: LAS VEGAS, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of the exhibition STORYLINE: North America's largest construction trade show opened on Tuesday in Las Vegas, showcasing the world's most advanced technologies and products in machinery and construction. The show, named CONEXPO-CON/AGG, drew over 1,800 equipment manufacturers representing products in asphalt, aggregates, concrete, earth digging equipment, lifting, mining and many others, according the organizer. More than 175 education sessions will be held during the show which runs through Saturday. Many well-known Chinese construction equipment companies have attended the show, including XCMG, Liugong Machinery, Sany Group, and Zoomlion Heavy Industry Science and Technology. Held every three years in the western U.S. city of Las Vegas, this massive event features the latest equipment advances and newest te

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China becoming a technological power: Mexican researcher

STORY: China becoming a technological power: Mexican researcher DATELINE: March 13, 2023 LENGTH: 00:01:44 LOCATION: Mexico City CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (Spanish): JOSE IGNACIO MARTINEZ CORTES, Researcher at National Autonomous University of Mexico STORYLINE: A Mexican researcher has said that China is on its way to becoming a technological power, which is mirrored in the manufacturing sector. SOUNDBITE (Spanish): JOSE IGNACIO MARTINEZ CORTES, Researcher at National Autonomous University of Mexico "It is often said that China is a technological power or is on its way to becoming a technological power, and this is mirrored in the manufacturing sector. Behind it, there is a technological development towards society, towards the internal economy that is increasingly strengthening China. It is in this sense that this technological development not only benefits companies and the market, but also strengthens the development of society. It is in this way that technological development linked to s

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Indian gov't asks power companies to ensure no load-shedding in summer

STORY: Indian gov't asks power companies to ensure no load-shedding in summer DATELINE: March 10, 2023 LENGTH: 00:01:50 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the India Gate 2. various of government buildings 3. various of thermal power plants 4. various of high-voltage transmission 5. various of metro trains STORYLINE: India's federal power ministry Thursday said it has crafted a multi-pronged strategy to ensure adequate availability of power during the upcoming summer months. The federal power minister R. K. Singh has directed power sector companies to ensure there is no load-shedding during the period. "Power minister asked all stakeholders to closely monitor the situation and take proactive actions to meet the electricity demand during the coming months," the ministry of power said. In a recently held review meeting chaired by Singh and attended by various senior officers mainly from the power sector, the ministry of coal and the ministry of railways, detailed discuss

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Kuwait holds Ramadan food exhibition

STORY: Kuwait holds Ramadan food exhibition DATELINE: March 10, 2023 LENGTH: 00:01:57 LOCATION: HAWALLI GOVERNORATE, Kuwait CATEGORY: CULTURE SHOTLIST: 1. Ramadan foods, spices, dates and sweets being shown at the Ramadan food exhibition 2. various of people visiting the Ramadan food exhibition STORYLINE: A Ramadan food exhibition was held in Hawalli Governorate, Kuwait on Thursday, with more than 140 international and local companies participating, offering foods from countries such as Jordan, Lebanon, Saudi Arabia, Bahrain, Qatar, Oman, Yemen, and Egypt. The exhibition will last until March 22. Xinhua News Agency correspondents reporting from Hawalli Governorate, Kuwait. (XHTV)

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Spanish olive oil producers keen on Chinese market

STORY: Spanish olive oil producers keen on Chinese market DATELINE: March 9, 2023 LENGTH: 00:00:57 LOCATION: Madrid CATEGORY: ECONOMY SHOTLIST: 1. various of the Exhibition 2. SOUNDBITE 1 (Spanish): ALBERT TINOFOSA, Staff member, (Olive oil producer) Moli Coloma 3. SOUNDBITE 2 (Spanish): MIGUEL ANGEL RODRIGUEZ, Director of Operation, (Olive oil producer) Garcia de la Cruz 4. various of the Exhibition STORYLINE: Olive oil producers attending the World Olive Oil Exhibition in Spain have said that they regard China as a very attractive market. The exhibition, held from Tuesday to Wednesday in Madrid, attracted more than 1,000 companies in the olive oil sector from 47 countries and regions. SOUNDBITE 1 (Spanish): ALBERT TINOFOSA, Staff member, (Olive oil producer) Moli Coloma "I think the Chinese market is very important. It's a market that values our product and our work to try and to highlight our quality." SOUNDBITE 2 (Spanish): MIGUEL ANGEL RODRIGUEZ, Director of Operation, (Olive oil producer) Garcia d

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Egypt encourages pharmaceutical investment

STORY: Egypt encourages pharmaceutical investment DATELINE: March 9, 2023 LENGTH: 00:00:51 LOCATION: Cairo CATEGORY: HEALTH SHOTLIST: 1. various of pharmaceutical factories STORYLINE: Egyptian Minister of Public Enterprises Sector Mahmoud Esmat said on Wednesday that his ministry plans to encourage local and foreign pharmaceutical companies to launch joint projects to localize modern technology. Esmat made the remarks at the celebration of the global healthcare company Viatris, which marked 60 years of manufacturing in Egypt. The minister explained that the plan will be implemented by the Holding Company for Medicines, Chemicals and Medical Supplies affiliated with the ministry. He added that the ministry, through the holding company, is cooperating with the private sector to manufacture raw materials of medicines for antibiotics and chronic diseases. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

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Eurozone wages will continue to grow as prices remain high: Spanish economist

STORY: Eurozone wages will continue to grow as prices remain high: Spanish economist DATELINE: March 7, 2023 LENGTH: 00:01:03 LOCATION: BARCELONA, Spain CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (Spanish): RAUL RAMOS, Full professor in applied economics at University of Barcelona STORYLINE: Wages in the Eurozone will keep on growing as long as prices remain high, a Spanish economist told Xinhua in a recent interview. SOUNDBITE (Spanish): RAUL RAMOS, Full professor in applied economics at University of Barcelona "We all expect prices to stop going up, but as the situation is still far from returning to normal, it's to be expected that salaries will continue to grow. There are pressures on prices that we haven't seen since the adoption of the euro, so salaries are recovering some of the purchasing power they have lost in the past year or so. In Spain, many companies are now in a process of negotiating wages. What we expect is that wages will be set thinking more about how prices will rise during this year ra

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RUSSIA-MOSCOW-BOAT SHOW

(230305) -- MOSCOW, March 5, 2023 (Xinhua) -- People visit the Moscow Boat Show in Moscow, Russia, on March 5, 2023. The exhibition is open to the public from March 2 to 5, with over 100 companies taking part this year. (Photo by Alexander Zemlianichenko Jr/Xinhua)

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RUSSIA-MOSCOW-BOAT SHOW

(230305) -- MOSCOW, March 5, 2023 (Xinhua) -- People visit the Moscow Boat Show in Moscow, Russia, on March 5, 2023. The exhibition is open to the public from March 2 to 5, with over 100 companies taking part this year. (Photo by Alexander Zemlianichenko Jr/Xinhua)