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Aerial View Of Haikou Port - China

An aerial drone photo taken on Nov. 28, 2025 shows a view of the Yangpu Port in the Yangpu Economic Development Zone in Danzhou, south China's Hainan Province. China's Hainan Free Trade Port (FTP) will launch island-wide independent customs operations as of Dec. 18, a major milestone in the opening-up drive of the world's second-largest economy despite rising protectionism worldwide. Photo by Guo Cheng/Xinhua/ABACAPRESS.COM

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Aerial View Of Haikou Port - China

An aerial drone photo taken on Nov. 27, 2025 shows a view of the Haikou Port in Haikou, south China's Hainan Province. China's Hainan Free Trade Port (FTP) will launch island-wide independent customs operations as of Dec. 18, a major milestone in the opening-up drive of the world's second-largest economy despite rising protectionism worldwide. Photo by Guo Cheng/Xinhua/ABACAPRESS.COM

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Handover Ceremony At The Education Ministry - Paris

Outgoing Minister of Education Anne Genetet delivers her speech next to newly-appointed Minister of Education, Higher Education and Research Elisabeth Borne during a handover ceremony at the Ministry of Education in Paris, on December 24, 2024. The French president named a new government on December 23, 2024, putting together a team under his fourth prime minister of the year, to drag the second-largest EU economy out of political crisis. Photo by Eliot Blondet/ABACAPRESS.COM

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Handover Ceremony At The Education Ministry - Paris

Newly-appointed Minister of Education, Higher Education and Research Elisabeth Borne listens to outgoing Minister of Education Anne Genetet’s speech during a handover ceremony at the Ministry of Education in Paris, on December 24, 2024. The French president named a new government on December 23, 2024, putting together a team under his fourth prime minister of the year, to drag the second-largest EU economy out of political crisis. Photo by Eliot Blondet/ABACAPRESS.COM

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Handover Ceremony At The Education Ministry - Paris

Newly-appointed Minister of Education, Higher Education and Research Elisabeth Borne listens to outgoing Minister of Education Anne Genetet’s speech during a handover ceremony at the Ministry of Education in Paris, on December 24, 2024. The French president named a new government on December 23, 2024, putting together a team under his fourth prime minister of the year, to drag the second-largest EU economy out of political crisis. Photo by Eliot Blondet/ABACAPRESS.COM

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Handover Ceremony At The Education Ministry - Paris

Outgoing Minister of Education Anne Genetet delivers her speech next to newly-appointed Minister of Education, Higher Education and Research Elisabeth Borne during a handover ceremony at the Ministry of Education in Paris, on December 24, 2024. The French president named a new government on December 23, 2024, putting together a team under his fourth prime minister of the year, to drag the second-largest EU economy out of political crisis. Photo by Eliot Blondet/ABACAPRESS.COM

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Handover Ceremony At The Education Ministry - Paris

Newly-appointed Minister of Education, Higher Education and Research Elisabeth Borne listens to outgoing Minister of Education Anne Genetet’s speech during a handover ceremony at the Ministry of Education in Paris, on December 24, 2024. The French president named a new government on December 23, 2024, putting together a team under his fourth prime minister of the year, to drag the second-largest EU economy out of political crisis. Photo by Eliot Blondet/ABACAPRESS.COM

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Handover Ceremony At The Education Ministry - Paris

Outgoing Minister of Education Anne Genetet delivers her speech next to newly-appointed Minister of Education, Higher Education and Research Elisabeth Borne during a handover ceremony at the Ministry of Education in Paris, on December 24, 2024. The French president named a new government on December 23, 2024, putting together a team under his fourth prime minister of the year, to drag the second-largest EU economy out of political crisis. Photo by Eliot Blondet/ABACAPRESS.COM

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Handover Ceremony At The Education Ministry - Paris

Newly-appointed Minister of Education, Higher Education and Research Elisabeth Bornelistend yo outgoing Minister of Education Anne Genetet’s speech during a handover ceremony at the Ministry of Education in Paris, on December 24, 2024. The French president named a new government on December 23, 2024, putting together a team under his fourth prime minister of the year, to drag the second-largest EU economy out of political crisis. Photo by Eliot Blondet/ABACAPRESS.COM

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Handover Ceremony At The Education Ministry - Paris

Outgoing Minister of Education Anne Genetet delivers her speech next to newly-appointed Minister of Education, Higher Education and Research Elisabeth Borne during a handover ceremony at the Ministry of Education in Paris, on December 24, 2024. The French president named a new government on December 23, 2024, putting together a team under his fourth prime minister of the year, to drag the second-largest EU economy out of political crisis. Photo by Eliot Blondet/ABACAPRESS.COM

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Handover Ceremony At The Education Ministry - Paris

Outgoing Minister of Education Anne Genetet delivers her speech next to newly-appointed Minister of Education, Higher Education and Research Elisabeth Borne during a handover ceremony at the Ministry of Education in Paris, on December 24, 2024. The French president named a new government on December 23, 2024, putting together a team under his fourth prime minister of the year, to drag the second-largest EU economy out of political crisis. Photo by Eliot Blondet/ABACAPRESS.COM

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Handover Ceremony At The Education Ministry - Paris

Outgoing Minister of Education Anne Genetet delivers her speech next to newly-appointed Minister of Education, Higher Education and Research Elisabeth Borne during a handover ceremony at the Ministry of Education in Paris, on December 24, 2024. The French president named a new government on December 23, 2024, putting together a team under his fourth prime minister of the year, to drag the second-largest EU economy out of political crisis. Photo by Eliot Blondet/ABACAPRESS.COM

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Handover Ceremony At The Education Ministry - Paris

Newly-appointed Minister of Education, Higher Education and Research Elisabeth Borne listens to outgoing Minister of Education Anne Genetet’s speech during a handover ceremony at the Ministry of Education in Paris, on December 24, 2024. The French president named a new government on December 23, 2024, putting together a team under his fourth prime minister of the year, to drag the second-largest EU economy out of political crisis. Photo by Eliot Blondet/ABACAPRESS.COM

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Handover Ceremony At The Education Ministry - Paris

Outgoing Minister of Education Anne Genetet delivers her speech next to newly-appointed Minister of Education, Higher Education and Research Elisabeth Borne during a handover ceremony at the Ministry of Education in Paris, on December 24, 2024. The French president named a new government on December 23, 2024, putting together a team under his fourth prime minister of the year, to drag the second-largest EU economy out of political crisis. Photo by Eliot Blondet/ABACAPRESS.COM

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Handover Ceremony At The Education Ministry - Paris

Outgoing Minister of Education Anne Genetet delivers her speech next to newly-appointed Minister of Education, Higher Education and Research Elisabeth Borne during a handover ceremony at the Ministry of Education in Paris, on December 24, 2024. The French president named a new government on December 23, 2024, putting together a team under his fourth prime minister of the year, to drag the second-largest EU economy out of political crisis. Photo by Eliot Blondet/ABACAPRESS.COM

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US: Several Injured As Police Motorcycle Crashes Into Crowd At Palm Springs Christmas Parade 2

A police officer on a motorcycle crashed into a crowd at the Palm Springs Festival of Light Parade in Southern California on Saturday evening, December 7, leaving several people injured. At least ten people, including the officer, were rushed to the hospital with non-life-threatening injuries, officials said.

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China unleashes new quality productive forces in push for innovation

STORY: China unleashes new quality productive forces in push for innovation SHOOTING TIME: March-June, 2024 DATELINE: June 24, 2024 LENGTH: 0:01:44 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of Chinese economy related footage 2. SOUNDBITE 1 (English): ERIK SOLHEIM, Co-chair of Europe-Asia Center, Former UN under-secretary-general 3. SOUNDBITE 2 (Arabic): AHMED AL-HUSSEINI, Researcher at the Faculty of African Studies of Cairo University 4. SOUNDBITE 3 (English): BENJAMIN MGANA, Chief editor of foreign news at The Guardian, Tanzania 5. SOUNDBITE 4 (English): RONNIE LINS, Director of the China-Brazil Center for Research and Business STORYLINE: First introduced in 2023, "new quality productive forces" is a term that has grabbed the spotlight in China's pursuit of high-quality development. New quality productive forces refer to advanced productivity, setting the direction for the transformation and upgrading of the world's second-largest economy. These forces are freed from traditional economic

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China unleashes new quality productive forces in push for reform, innovation

STORY: China unleashes new quality productive forces in push for reform, innovation SHOOTING TIME: recent footage DATELINE: June 21, 2024 LENGTH: 00:02:38 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE 1 (English): MICHAEL SCHUMANN, Chairman of the Board of the German Federal Association for Economic Development and Foreign Trade 3. SOUNDBITE 2 (English): ENES ALISKOVIC, Bosnia and Herzegovina Export Promotion Agency 4. SOUNDBITE 3 (English): CAVINCE ADHERE, International relations specialist with focus on China-Africa relations 5. various of China STORYLINE: In China's pursuit of high-quality development, the term "new quality productive forces" is grabbing the spotlight, highlighting the direction for the transformation and upgrading of the world's second-largest economy. First introduced in 2023, new quality productive forces refer to advanced productivity freed from traditional economic growth modes and productivity development paths. It features high technology, high e

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KENYA-TURKANA-KAKUMA REFUGEE CAMP-FARMING

(240620) -- TURKANA, June 20, 2024 (Xinhua) -- People deliver brushwood at the Choro Farm in Kakuma refugee camp in Turkana, Kenya, June 19, 2024. Kakuma Refugee Camp is the country's second-largest camp, hosting about 288,000 refugees from nine countries, including South Sudan, Ethiopia, Burundi, and the Democratic Republic of the Congo (DRC). Due to the impact of extreme weather throughout years, the agriculture and economy of the area remain underdeveloped. To boost food security in Kakuma refugee camp and the Turkana tribe, and to promote the integration of refugees into the local community, the United Nations High Commissioner for Refugees (UNHCR) partnered with the Turkana County government to establish the Choro Farm within Kakuma refugee camp in 2017. The farm covers an area of 25 acres and involves 120 farmers, including refugees and local community members, cultivating crops such as peanuts and spinach. Currently, the crop has benefited the surrounding communities. (Xinhua/Wang Guansen)

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KENYA-TURKANA-KAKUMA REFUGEE CAMP-FARMING

(240620) -- TURKANA, June 20, 2024 (Xinhua) -- Farmers plow at the Choro Farm in Kakuma refugee camp in Turkana, Kenya, June 19, 2024. Kakuma Refugee Camp is the country's second-largest camp, hosting about 288,000 refugees from nine countries, including South Sudan, Ethiopia, Burundi, and the Democratic Republic of the Congo (DRC). Due to the impact of extreme weather throughout years, the agriculture and economy of the area remain underdeveloped. To boost food security in Kakuma refugee camp and the Turkana tribe, and to promote the integration of refugees into the local community, the United Nations High Commissioner for Refugees (UNHCR) partnered with the Turkana County government to establish the Choro Farm within Kakuma refugee camp in 2017. The farm covers an area of 25 acres and involves 120 farmers, including refugees and local community members, cultivating crops such as peanuts and spinach. Currently, the crop has benefited the surrounding communities. (Xinhua/Wang Guansen)

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KENYA-TURKANA-KAKUMA REFUGEE CAMP-FARMING

(240620) -- TURKANA, June 20, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A farmer gets rid of weeds with a flock of sheep at the Choro Farm in Kakuma refugee camp in Turkana, Kenya, June 19, 2024. Kakuma Refugee Camp is the country's second-largest camp, hosting about 288,000 refugees from nine countries, including South Sudan, Ethiopia, Burundi, and the Democratic Republic of the Congo (DRC). Due to the impact of extreme weather throughout years, the agriculture and economy of the area remain underdeveloped. To boost food security in Kakuma refugee camp and the Turkana tribe, and to promote the integration of refugees into the local community, the United Nations High Commissioner for Refugees (UNHCR) partnered with the Turkana County government to establish the Choro Farm within Kakuma refugee camp in 2017. The farm covers an area of 25 acres and involves 120 farmers, including refugees and local community members, cultivating crops such as peanuts and spinach. Currently, the crop has benefited the surrounding

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KENYA-TURKANA-KAKUMA REFUGEE CAMP-FARMING

(240620) -- TURKANA, June 20, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Farmers plow at the Choro Farm in Kakuma refugee camp in Turkana, Kenya, June 19, 2024. Kakuma Refugee Camp is the country's second-largest camp, hosting about 288,000 refugees from nine countries, including South Sudan, Ethiopia, Burundi, and the Democratic Republic of the Congo (DRC). Due to the impact of extreme weather throughout years, the agriculture and economy of the area remain underdeveloped. To boost food security in Kakuma refugee camp and the Turkana tribe, and to promote the integration of refugees into the local community, the United Nations High Commissioner for Refugees (UNHCR) partnered with the Turkana County government to establish the Choro Farm within Kakuma refugee camp in 2017. The farm covers an area of 25 acres and involves 120 farmers, including refugees and local community members, cultivating crops such as peanuts and spinach. Currently, the crop has benefited the surrounding communities. Photo by Xinhua/ABACAPR

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KENYA-TURKANA-KAKUMA REFUGEE CAMP-FARMING

(240620) -- TURKANA, June 20, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People deliver brushwood at the Choro Farm in Kakuma refugee camp in Turkana, Kenya, June 19, 2024. Kakuma Refugee Camp is the country's second-largest camp, hosting about 288,000 refugees from nine countries, including South Sudan, Ethiopia, Burundi, and the Democratic Republic of the Congo (DRC). Due to the impact of extreme weather throughout years, the agriculture and economy of the area remain underdeveloped. To boost food security in Kakuma refugee camp and the Turkana tribe, and to promote the integration of refugees into the local community, the United Nations High Commissioner for Refugees (UNHCR) partnered with the Turkana County government to establish the Choro Farm within Kakuma refugee camp in 2017. The farm covers an area of 25 acres and involves 120 farmers, including refugees and local community members, cultivating crops such as peanuts and spinach. Currently, the crop has benefited the surrounding communities. Photo by Xi

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KENYA-TURKANA-KAKUMA REFUGEE CAMP-FARMING

(240620) -- TURKANA, June 20, 2024 (Xinhua) -- Farmers check the growth of peanut at the Choro Farm in Kakuma refugee camp in Turkana, Kenya, June 19, 2024. Kakuma Refugee Camp is the country's second-largest camp, hosting about 288,000 refugees from nine countries, including South Sudan, Ethiopia, Burundi, and the Democratic Republic of the Congo (DRC). Due to the impact of extreme weather throughout years, the agriculture and economy of the area remain underdeveloped. To boost food security in Kakuma refugee camp and the Turkana tribe, and to promote the integration of refugees into the local community, the United Nations High Commissioner for Refugees (UNHCR) partnered with the Turkana County government to establish the Choro Farm within Kakuma refugee camp in 2017. The farm covers an area of 25 acres and involves 120 farmers, including refugees and local community members, cultivating crops such as peanuts and spinach. Currently, the crop has benefited the surrounding communities. (Xinhua/Wang Gua

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KENYA-TURKANA-KAKUMA REFUGEE CAMP-FARMING

(240620) -- TURKANA, June 20, 2024 (Xinhua) -- A farmer gets rid of weeds with a flock of sheep at the Choro Farm in Kakuma refugee camp in Turkana, Kenya, June 19, 2024. Kakuma Refugee Camp is the country's second-largest camp, hosting about 288,000 refugees from nine countries, including South Sudan, Ethiopia, Burundi, and the Democratic Republic of the Congo (DRC). Due to the impact of extreme weather throughout years, the agriculture and economy of the area remain underdeveloped. To boost food security in Kakuma refugee camp and the Turkana tribe, and to promote the integration of refugees into the local community, the United Nations High Commissioner for Refugees (UNHCR) partnered with the Turkana County government to establish the Choro Farm within Kakuma refugee camp in 2017. The farm covers an area of 25 acres and involves 120 farmers, including refugees and local community members, cultivating crops such as peanuts and spinach. Currently, the crop has benefited the surrounding communities. (X

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KENYA-TURKANA-KAKUMA REFUGEE CAMP-FARMING

(240620) -- TURKANA, June 20, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Farmers check the growth of peanut at the Choro Farm in Kakuma refugee camp in Turkana, Kenya, June 19, 2024. Kakuma Refugee Camp is the country's second-largest camp, hosting about 288,000 refugees from nine countries, including South Sudan, Ethiopia, Burundi, and the Democratic Republic of the Congo (DRC). Due to the impact of extreme weather throughout years, the agriculture and economy of the area remain underdeveloped. To boost food security in Kakuma refugee camp and the Turkana tribe, and to promote the integration of refugees into the local community, the United Nations High Commissioner for Refugees (UNHCR) partnered with the Turkana County government to establish the Choro Farm within Kakuma refugee camp in 2017. The farm covers an area of 25 acres and involves 120 farmers, including refugees and local community members, cultivating crops such as peanuts and spinach. Currently, the crop has benefited the surrounding communities. P

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China committed to supporting Zimbabwe's innovation-driven development

STORY: China committed to supporting Zimbabwe's innovation-driven development SHOOTING TIME: April 24, 2024 DATELINE: April 27, 2024 LENGTH: 00:01:57 LOCATION: BULAWAYO, Zimbabwe CATEGORY: ECONOMY SHOTLIST: 1. various of the 64th Zimbabwe International Trade Fair (ZITF) 2. various of the sideline conference 3. SOUNDBITE 1 (English): ZHOU DING, Chinese Ambassador to Zimbabwe 4. various of the 64th Zimbabwe International Trade Fair (ZITF) 5. SOUNDBITE 2 (English): AMON MURWIRA, Zimbabwe's Minister of Higher and Tertiary Education, Innovation, Science and Technology Development 6. various of Chinese-funded Hwange Thermal Power Station expansion project 7. various of the 64th Zimbabwe International Trade Fair (ZITF) STORYLINE: The 64th Zimbabwe International Trade Fair (ZITF) is held in Zimbabwe's second-largest city of Bulawayo from Tuesday to Saturday. Themed "Promote Made in Zimbabwe, Support the Industrialization of Zimbabwe," this year's event has attracted exhibitors from over 25 countries and regions,

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Zimbabwe's premier trade expo kicks off

STORY: Zimbabwe's premier trade expo kicks off SHOOTING TIME: April 23, 2024 DATELINE: April 24, 2024 LENGTH: 00:01:42 LOCATION: BULAWAYO, Zimbabwe CATEGORY: ECONOMY SHOTLIST: 1. various of the expo STORYLINE: Zimbabwe's premier trade expo, the 64th Zimbabwe International Trade Fair (ZITF), kicked off Tuesday in the second-largest city of Bulawayo. Foreign exhibitors from 27 countries and regions, including about 40 exhibitors from China, are participating in the 64th edition of the trade fair. The ZITF is a major trade and investment platform that offers opportunities for local and international businesses to explore business partnerships. Running under the theme "Innovation: the catalyst to industrialization and trade," the expo will run until Saturday, with the first three days focusing on business exchanges. Xinhua News Agency correspondents reporting from Bulawayo, Zimbabwe. (XHTV)

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Ghana mulls listing cocoa on national commodities exchange to increase value

STORY: Ghana mulls listing cocoa on national commodities exchange to increase value SHOOTING TIME: April 17, 2024 DATELINE: April 19, 2024 LENGTH: 00:03:44 LOCATION: Accra CATEGORY: ECONOMY SHOTLIST: 1. various of Black Star Square 2. various of cocoa farm 3. various of symposium in Accra 4. SOUNDBITE (English): SETUTSI IVOWI, Chief executive officer of GCX 5. various of cocoa farm 6. various of Ghana Commodity Exchange STORYLINE: Ghana, the world's second-largest cocoa producer, plans to list cocoa on the Ghana Commodity Exchange (GCX) to boost the value of the product and drive up prices, an official has said. Setutsi Ivowi, chief executive officer of the GCX, said during a one-day symposium Wednesday in the capital of Accra that cocoa, the country's leading export cash crop, would be listed on the exchange to deepen the confidence of traders and stakeholders. SOUNDBITE (English): SETUTSI IVOWI, Chief executive officer of GCX "We have a national commodity exchange, and cocoa is one of our national pr

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New factories driving China's high-quality growth

STORY: New factories driving China's high-quality growth SHOOTING TIME: Recent footages DATELINE: March 24, 2024 LENGTH: 00:02:01 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of factories and views in China 2. SOUNDBITE (Chinese): YANG XIAOMING, President of Aptiv China and Asia Pacific 3. SOUNDBITE (English): SAMI ATIYA, President of ABB's Robotics and Discrete Automation Business Area STORYLINE: In recent years, lighthouse factories, unmanned factories, and smart factories have been mushrooming in China. Increased productivity there offers an insight into how new quality productive forces are driving high-quality growth in the world's second-largest economy. As China's first city to include robot density in the statistics, Shanghai has seen its density reach 426 robots per 10,000 people at major enterprises of key industries. Inside a massive factory of Aptiv, a leading global automotive connector supplier, a smart system precisely arranges all production processes. SOUNDBITE 1 (

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Apple opens largest retail store on Chinese mainland in Shanghai

STORY: Apple opens largest retail store on Chinese mainland in Shanghai SHOOTING TIME: March 21, 2024 DATELINE: March 22, 2024 LENGTH: 00:00:38 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of the store 2. various of Apple CEO Tim Cook 3. various of customers STORYLINE: Smartphone maker Apple on Thursday inaugurated its largest retail store on the Chinese mainland in Shanghai, with Apple CEO Tim Cook opening the doors of the new store and welcoming Chinese consumers. The eighth Apple store in Shanghai is located in Jing'ansi Square in a central business district of the metropolis. It is the company's second-largest retail store globally. The flagship store boasts more than 150 employees who can communicate with customers in English, Japanese, Korean, German, Spanish and Malay, in addition to the Chinese language in 25 varieties of Chinese dialects, according to Apple. Diana Chou, market director for East China, Apple Retail, said that Apple values Chinese consumers, and Appl

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China unveils 2024 growth targets with focus on high-quality development

STORY: China unveils 2024 growth targets with focus on high-quality development SHOOTING DATE: March 4, 2024 DATELINE: March 5, 2024 LENGTH: 00:02:28 LOCATION: Buenos Aires/Brussels/Jakarta/Abidjan CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE 1 (Spanish): FERNANDO FAZZOLARI, CEO of Engineering and Technical Assistance Argentina 3. SOUNDBITE 2 (English): BERNARD DEWIT, Chairman of the Belgian-Chinese Chamber of Commerce (BCECC) 4. SOUNDBITE 3 (English): CHRISTINE SUSANNA TJHIN, Director of Strategic Research, Gentala Institute in Indonesia 5. SOUNDBITE 4 (French): ALSENY THIAM, Guinean economist STORYLINE: China seeks to attain a GDP growth rate of around 5 percent for 2024, the latest signal that the world's second-largest economy is committed to high-quality development despite uncertainties at home and abroad. Many foreign experts have expressed their confidence in the growth of the Chinese economy, stressing the significance of its high-quality development path. SOUNDBITE 1 (Spanish):

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What to expect at "two sessions" in pivotal year

STORY: What to expect at "two sessions" in pivotal year SHOOTING TIME: February 2024 & file DATELINE: March 2, 2024 LENGTH: 00:01:04 LOCATION: Beijing CATEGORY: POLITICS SHOTLIST: 1. various of the Great Hall of the People in Beijing 2. various of China STORYLINE: The upcoming annual sessions of China's top legislature and political advisory body will offer the world a window to observe the country's development and understand its policy direction for the following year. The second session of the 14th National People's Congress (NPC) and the second session of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) will open on March 5 and 4, respectively. The year 2024 marks the 75th anniversary of the founding of the People's Republic of China and is a crucial year for the realization of the goals and tasks of the 14th Five-Year Plan (2021-2025). At the "two sessions" each year, the annual economic development goals of the world's second-largest economy are

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Indonesia inaugurates largest port for eastern region

STORY: Indonesia inaugurates largest port for eastern region SHOOTING TIME: Feb. 22, 2024 DATELINE: Feb. 23, 2024 LENGTH:00:01:19 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of Indonesian President Joko Widodo inspecting the port 2. various of the port STORYLINE: Indonesia inaugurated the Makassar New Port with an investment of 5.4 trillion rupiah (around 345 million U.S. dollars) in South Sulawesi, the second-largest port in Indonesia after Tanjung Priok in Jakarta. "We hope that this large port in eastern Indonesia will streamline domestic logistics costs," said Indonesian President Joko Widodo on the sidelines of the inauguration on Thursday. In the face of fierce domestic and international competition, Widodo underlined the importance of efficiency. Due to the absence of integration between port locations and factories and industrial zones, logistics expenses in Indonesia reached 24 percent 10 years ago. Although it has now dropped to 14 percent, Widodo said more needs to

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McDonald's confident in Chinese market: CEO of McDonald's China

STORY: McDonald's confident in Chinese market: CEO of McDonald's China SHOOTING TIME: Jan. 18, 2024 DATELINE: Feb. 2, 2024 LENGTH: 00:05:02 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. STANDUP (English): ZHANG MENGJIE, Xinhua correspondent 2. SOUNDBITE (English): PHYLLIS CHEUNG, CEO of McDonald's China 3. various of McDonald's flagship store and products STORYLINE: STANDUP (English): ZHANG MENGJIE, Xinhua correspondent "China is now McDonald's second-largest market with almost 6,000 restaurants like this. Recently, McDonald's announced a decision to increase its holding to 48 percent in its Chinese business. What's the reason for this move and its next plan? Let's find it out." SOUNDBITE (English): PHYLLIS CHEUNG, CEO of McDonald's China "I think there are external reasons and internal reasons behind the growth. Externally, we benefit from the fast urbanization of China. We have added millions and millions of urbanized population in the city. So that's why I think that is really the key reason

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China expects record-breaking Spring Festival travel rush

STORY: China expects record-breaking Spring Festival travel rush SHOOTING TIME: file, recent footage DATELINE: Jan. 12, 2024 LENGTH: 00:01:47 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of trains and passengers (file) 2. SOUNDBITE (Chinese): CHI JINGYANG, Official with China's National Immigration Administration (recent footage) 3. various of inbound and outbound passengers (recent footage) 4. various of planes (recent footage) STORYLINE: China is gearing up for an exceptional travel season. Travel authorities and tourism industry players are expecting record-breaking journey numbers during the upcoming Spring Festival, adding new steam to the country's economic recovery. The Spring Festival, which falls on Feb. 10 this year, is China's biggest festival for family reunions. It will serve as an important window for observing vitality and consumer confidence levels in the world's second-largest economy. A surge of both inbound and outbound travelers is also expected. SOUNDBITE (Chinese)

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China continues to be significant driver of global economic growth: WEF president

STORY: China continues to be significant driver of global economic growth: WEF president SHOOTING DATE: Jan. 9, 2024 DATELINE: Jan. 11, 2024 LENGTH: 00:00:57 LOCATION: GENEVA, Switzerland CATEGORY: ECONOMY SHOTLIST: 1. various of WEF headquarters in Geneva, Switzerland 2. SOUNDBITE (English): BORGE BRENDE, World Economic Forum President STORYLINE: In a recent exclusive interview with Xinhua in Geneva, Borge Brende, President of the World Economic Forum (WEF), stated that China will continue to be a significant driver of global economic growth. SOUNDBITE (English): BORGE BRENDE, World Economic Forum President "So China is the second largest economy in the world, (accounting for) 20 percent of the global GDP. The steps that China takes are incredibly important for the world. I think China works really well with the Global South. China is also a major player in Asia. And I think China can be very important in making sure that there is progress in global trade negotiations through the World Trade Organizatio

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Leading foreign companies bullish on Chinese market

STORY: Leading foreign companies bullish on Chinese market SHOOTING TIME: Recent footage DATELINE: Jan. 8, 2024 LENGTH: 00:02:16 LOCATION: SHANGHAI/GUANGZHOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of Shanghai 2. various of Honeywell 3. SOUNDBITE 1 (English): WILLIAM YU, President of Honeywell China 4. various of Decathlon 5. SOUNDBITE 2 (English): ELODIE LATOUR, Vice president of Decathlon China 6. various of HTWO Guangzhou Co., Ltd. 7. SOUNDBITE 3 (Korean): KIM IHNKEE, Vice president of HTWO Guangzhou Co., Ltd. STORYLINE: China's commitment to opening up has injected impetus into the long-term development of foreign companies in China, said some leading foreign companies in recent interviews with Xinhua. Honeywell, a U.S. industrial conglomerate, is optimistic about the opportunities brought by the Chinese market. SOUNDBITE 1 (English): WILLIAM YU, President of Honeywell China "China now is already the second-largest (consumption) market in the world. And for companies like Honeywell, we really

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Japan OKs FY 2024 budget, defense spending reaches new high

STORY: Japan OKs FY 2024 budget, defense spending reaches new high SHOOTING TIME: Earlier footage DATELINE: Dec. 24, 2023 LENGTH: 0:01:48 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of cities in Japan 2. various of Japanese military exercises 3. various of Okinawa Self-Defense Force Military Base (taken on November 27 and 28, 2023) STORYLINE: The Japanese government on Friday adopted a draft budget of 112.07 trillion yen (about 787 billion U.S. dollars) for fiscal year 2024, with defense spending hitting an all-time high for the 10th straight year. The figure approved by the cabinet for the fiscal period from April 2024 to March 2025 marked the first drop in 12 years amid shrinking emergency funding related to COVID-19. The budget, although smaller than the record 114.38 trillion yen allocated for the current business year to March, is still the second-largest, underscoring the urgency for debt-ridden Japan to rein in spending and restore its fiscal health, national news agency Kyodo reported

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Chinese-built bridge boosts development of N. Norway

STORY: Chinese-built bridge boosts development of N. Norway SHOOTING TIME: Dec. 9, 2023 DATELINE: Dec. 11, 2023 LENGTH: 0:02:15 LOCATION: NARVIK, Norway CATEGORY: ECONOMY SHOTLIST: 1. various of the Halogaland Bridge STORYLINE: The Chinese-built Halogaland Bridge near Narvik, Norway's northern port city, has spurred local economic growth, especially benefiting the local fisheries and mining industries, and enhancing overall regional prosperity. Stretching 1,533 meters with a span of 1,145 meters, the Halogaland Bridge, built by China's Sichuan Road and Bridge Group (SRBG), is Norway's second largest and the Arctic Circle's longest suspension bridge. It offers an important shortcut for European route E6 - the main north-south road through Norway and the west coast of Sweden. Data from BPS Nord, northern Norway's regional toll group, reveals the bridge's burgeoning significance. In the past year alone, over 1.59 million vehicles crossed the Halogaland Bridge, 16 percent more than in 2021 and 35 percent m

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Australian gov't concerned about major telecommunications outage: acting PM

STORY: Australian gov't concerned about major telecommunications outage: acting PM SHOOTING TIME: Nov. 8, 2023 DATELINE: Nov. 8, 2023 LENGTH: 00:00:41 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of Optus offline store footage 2. various of street views STORYLINE: The Australian government has expressed concerns over the impact of a major telecommunications outage on critical services. Millions of Australians were on Wednesday morning left without mobile and internet service after Optus, Australia's second-largest telecommunications company with over 10 million customers, was hit by a major outage. The loss of service has caused public transport delays across the country, downed payment systems and cut hospital telephone lines. Speaking at a press conference, acting Prime Minister Richard Marles said the government was concerned about the outage. "We are first and foremost focused on those immediate emergency services and keeping people safe and we have been very focused on tho

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Italy's UniCredit reports record profits in Q3

STORY: Italy's UniCredit reports record profits in Q3 DATELINE: Oct. 26, 2023 LENGTH: 00:01:07 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of UniCredit in Rome STORYLINE: Italian banking giant UniCredit on Tuesday reported a remarkable 67.7 percent surge in profits for the first three quarters of 2023 compared to the previous year. The bank's net profit for the first nine months reached 6.7 billion euros (7.1 billion U.S. dollars), with the third quarter leading the way with a net profit of 2.3 billion euros, up 36 percent year-on-year, the Milan-based bank said in a press release. While UniCredit exceeded profit expectations and raised revenue forecasts, it maintained its full-year profit guidance at 7.25 billion euros. UniCredit is Italy's second-largest bank only after Banca Intesa Sanpaolo in terms of total assets. UniCredit's shares traded as much as 2.1 percent higher in trading Tuesday, before settling down to a 1.4-percent increase. Despite the surge from UniCredit's

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Q3 data reveals China's economic recovery gathering steam

STORY: Q3 data reveals China's economic recovery gathering steam DATELINE: Oct. 18, 2023 LENGTH: 0:01:17 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of different industries in China STORYLINE: The Chinese economy has sustained its recovery momentum with solid progress made in high-quality development in both the third quarter (Q3) and the first three quarters of this year, official data showed Wednesday. China's gross domestic product (GDP) expanded 4.9 percent in Q3 year on year. It grew 5.2 percent year on year in the first three quarters of 2023, according to the National Bureau of Statistics (NBS). An array of other data released Wednesday underscored the gathering of steam by the world's second-largest economy, despite lingering global and domestic headwinds, consolidating the country's confidence in being able to meet its annual GDP growth target of around 5 percent. Consumption, a mainstay of the Chinese economy, has seen a steady expansion with an 83.2-percent contribution to GDP gr

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Belt and Road Initiative: Blazing a path of happiness

STORY: Belt and Road Initiative: Blazing a path of happiness DATELINE: Oct. 15, 2023 LENGTH: 00:06:45 LOCATION: Beijing CATEGORY: POLITICS/ECONOMY STORYLINE: SOUNDBITE 1 (Chinese): XI JINPING, Chinese President This year is the 10th anniversary of the Belt and Road Initiative I proposed. The ultimate purpose and goal of this initiative is to explore new ways for countries from near and far to achieve common development, and to blaze a "path of happiness" to the benefit of all countries and the world at large. Belt and Road Initiative: Blazing a path of happiness Mwanza Region, Tanzania Mwanza, the second largest city in Tanzania, is located on the southern shores of Lake Victoria, the largest lake in Africa. However, due to a lack of proper water supply and purification facilities, residents here had long struggled to get access to consistent water supply, while many suffered from frequent health issues. SOUNDBITE 2 (English): KELVIN KITURUKA, Engineer, China Civil Engineering Construction Corporation

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China's 8-day National Day holiday sparks travel, consumption frenzy

STORY: China's 8-day National Day holiday sparks travel, consumption frenzy DATELINE: Sept. 30, 2023 LENGTH: 00:02:09 LOCATION: Beijing CATEGORY: SOCIETY SHOTLIST: 1. various of travelers in China 2. various of tourists in Jingdezhen, Jiangxi Province 3. SOUNDBITE 1 (Chinese): Tourist 4. SOUNDBITE 2 (Chinese): Tourist 5. various of tourists in Yanji, Jilin Province 6. SOUNDBITE 3 (Chinese): LU ZIYU, Owner of a photography studio in Yanji 7. various of tourists in Mount Tai, Shandong Province 8. various of travelers in China STORYLINE: China is embracing a travel boom over the Mid-Autumn Festival and National Day holiday, as the world's second-largest economy continues to unleash consumer potential. This year's holiday began with the Mid-Autumn Festival on Friday and also includes the Oct. 1 National Day. The public holidays end on Oct. 6. Cultural travel has been a top choice for many Chinese. In Jingdezhen, a "porcelain capital" in Jiangxi Province, tourists are flocking here to experience the rich hist

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Spanish business leaders seek export opportunities in Chinese market

STORY: Spanish business leaders seek export opportunities in Chinese market DATELINE: Sept. 23, 2023 LENGTH: 00:01:58 LOCATION: Madrid CATEGORY: ECONOMY SHOTLIST: 1. various of the event 2. SOUNDBITE 1 (Spanish): MARCELO MUNOZ, President of Catedra China 3. various of olive oil 4. SOUNDBITE 2 (Spanish): PEDRO BARATO, President of Interprofessional Organization of Olive Oil from Spain 5. various of Spanish olive oil in China 6. SOUNDBITE 3 (Spanish): MARCELO MUNOZ, President of Catedra China STORYLINE: Spanish business leaders sought export opportunities to the Chinese market in various sectors at an event on Thursday at the headquarters of the Spanish Confederation of Business Organizations in Madrid. SOUNDBITE 1 (Spanish): MARCELO MUNOZ, President of Catedra China "No other market in the world is bigger than the Chinese market. But we ignore it in practice." China is the second-largest consumer of Spanish olive oil outside of Europe. The role of the Interprofessional Organization of Olive Oil from Spa

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China, Netherlands explore potentials for agricultural cooperation

STORY: China, Netherlands explore potentials for agricultural cooperation DATELINE: Sept. 11, 2023 LENGTH: 00:01:53 LOCATION: THE HAGUE, the Netherlands CATEGORY: ECONOMY SHOTLIST: 1. various of matchmaking events STORYLINE: The South Holland of the Netherlands and east China's Shandong Province held a matchmaking event in The Hague on Friday for enterprises from both sides to bolster agricultural ties and foster mutual growth. Some 200 representatives, including Meindert Stolk, vice governor of South Holland, Chen Ping, vice governor of Shandong, and entrepreneurs from both countries, attended the event. In his address, Stolk highlighted that Shandong is renowned in China for its agriculture, particularly in the cultivation of fruits, vegetables, aquaculture and livestock, while the Netherlands is the world's second-largest exporter of agricultural products. South Holland has significant advantages in modern greenhouse technology and horticulture industry clusters, and there is ample room for further d

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Exploring Jakarta-Bandung High-Speed Railway

STORY: Exploring Jakarta-Bandung High-Speed Railway DATELINE: Sept. 7, 2023 LENGTH: 00:03:07 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. STANDUP (English): SUN LEI, Xinhua correspondent 2. various of the Jakarta-Bandung High Speed Railway STORYLINE: STANDUP (English): SUN LEI, Xinhua correspondent "This is the Tegalluar station, the last station along the Jakarta-Bandung High-Speed Railway which is the first of its kind in Indonesia and Southeast Asia. What's so special about Jakarta-Bandung High-Speed Railway? Let's find out. This is a ticket office where you can buy tickets for the Jakarta-Bandung High-Speed Railway on vending machines or you can buy tickets online on an app on your phone. It's very convenient, just like what we do in China. With an area of 16,000 square meters, the Tegalluar station is the second largest station along the line. Now let's go to the waiting lounge. The waiting lounge is so spacious and the information is so clear and concise. This train of the Jakarta-Bandung

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Remittances to Mexico to reach historic highs in 2023, 2024: report

STORY: Remittances to Mexico to reach historic highs in 2023, 2024: report DATELINE: Aug. 27, 2023 LENGTH: 00:01:05 LOCATION: Mexico City CATEGORY: ECONOMY SHOTLIST: 1. various of Mexico City reflecting its economy STORYLINE: According to a recent report released by the financial group Banco Bilbao Vizcaya Argentaria (BBVA), the flow of remittances arriving in Mexico will again reach historic highs in 2023 and 2024. The "Yearbook of Migration and Remittances 2023," released on Thursday by BBVA Mexico, said that the flow of resources arriving in Mexico will increase to 63.7 billion U.S. dollars in 2023, an increase of 8.9 percent compared to the end of 2022, and 67.9 billion dollars in 2024, an increase of 6.6 percent. The report explained that Mexico is currently the second-largest country with the most remittances in the world. For several years, remittances have been the key source of foreign exchange for Mexico, ahead of foreign direct investment, crude oil exports, and international tourism. Xinhua

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Malawian youth embrace Chinese online shops to pursue entrepreneurial dreams

STORY: Malawian youth embrace Chinese online shops to pursue entrepreneurial dreams DATELINE: July 30, 2023 LENGTH: 00:01:25 LOCATION: Lilongwe CATEGORY: ECONOMY SHOTLIST: 1. various of Joseph Nambuzi at his shop. 2. SOUNDBITE 1 (English): JOSEPH NAMBUZI, Malawian entrepreneur 3. various of Joseph Nambuzi at his shop. 4. SOUNDBITE 2 (English) HOPKINS KAWAYE, Lecturer, Catholic University of Malawi 5. aerial view of a busy market STORYLINE: Some young people in Malawi have been harnessing the power of Chinese online shops to embark on their entrepreneurial journey. 28-year-old Joseph Nambuzi is a graduate of the University of Malawi, and now based in Blantyre, the second largest city in Malawi. Even as a student, Nambuzi saw the potential in ordering computer batteries from China and selling them locally. After graduation, he continued this venture while working part-time as a biomedical engineer. SOUNDBITE 1 (English): JOSEPH NAMBUZI, Malawian entrepreneur "We order (our things) online, mostly use the A