French companies pin high hope on cooperation with China in EV production

STORY: French companies pin high hope on cooperation with China in EV production SHOOTING TIME: Feb. 22/23, 2024 DATELINE: Feb. 29, 2024 LENGTH: 00:01:28 LOCATION: Paris CATEGORY: ECONOMY SHOTLIST: 1. various of Renault Ruitz Plant 2. SOUNDBITE 1 (French): YANN PITOLLET, CEO of Nord France Invest 3. SOUNDBITE 2 (French): JEAN-LUC BOIS, Ruitz plant manager of Renault 4. SOUNDBITE 3 (French): YANN PITOLLET, CEO of Nord France Invest STORYLINE: The Hauts-de-France region, located in north France, is a long-standing industrial area and home to French leading automotive industry. Today, the region is embracing electrification and building a 100-kilometer-long "battery valley," where four mega factories have been established in recent years. With an advantage in the electric vehicle sector, some Chinese companies have cooperated with French enterprises. SOUNDBITE 1 (French): YANN PITOLLET, CEO of Nord France Invest "As early as 2018, we realized that the future of the automotive industry lay partly in electri

Electricity trading mirrors China's commitment to green shift

STORY: Electricity trading mirrors China's commitment to green shift DATELINE: July 18, 2023 LENGTH: 00:01:44 LOCATION: TAIYUAN, China CATEGORY: ECONOMY SHOTLIST: 1. various of Zhang Shuai working at his office 2. SOUNDBITE 1 (Chinese): ZHANG SHUAI, Electricity trader in Shanxi 3. SOUNDBITE 2 (Chinese): ZHANG SHUAI, Electricity trader in Shanxi STORYLINE: 34-year-old Zhang Shuai is an electricity trader in China's Shanxi Province. His main role is to work out the best scheme for buying and selling electricity in the energy market, to facilitate the efficient distribution of electricity from power producers to consumers. SOUNDBITE 1 (Chinese): ZHANG SHUAI, Electricity trader in Shanxi "Electricity traders should try their best to buy the cheapest electricity in the market, to minimize their wholesale cost. The traders also need to choose a proper market to sell the electricity, so that they could maximize the economic returns." In 2015, China issued a regulation on deepening the reform of the electri

Britain's inflation hits fresh 40-year high as fuel, food prices surge

STORY: Britain's inflation hits fresh 40-year high as fuel, food prices surge DATELINE: July 21, 2022 LENGTH: 00:01:34 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): NIKKI, London resident 2. SOUNDBITE 2 (English): PAULA, London resident 3. Various of a petrol station in Edinburgh in June 4. Various of streets in Edinburgh 5. Various of streets in Glasgow 6. Various of London skyline 7. Various of streets in London STORYLINE: Official statistics showed on Wednesday, amid rising prices for motor fuels and food, Britain's Consumer Prices Index (CPI) rose by 9.4 percent in the 12 months to June, hitting a fresh 40-year high. According to the Office for National Statistics, on a monthly basis, the country's CPI rose by 0.8 percent in June 2022, compared with a rise of 0.5 percent in June 2021. SOUNDBITE 1 (English): NIKKI, London resident (Are you seeing the price is going (up) really quickly?) Yes, yes. (Which part of the cost?) Electricity is the main one for most people. So electri