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German chemicals giant positive about Chinese market

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STORY: German chemicals giant positive about Chinese market
SHOOTING TIME: April 16, 2024
DATELINE: April 18, 2024
LENGTH: 0:00:59
LOCATION: SHANGHAI, China
CATEGORY: ECONOMY

SHOTLIST:
1. various of Covestro in Shanghai
2. SOUNDBITE (English): HOLLY LEI, President, Covestro China

STORYLINE:

German Chancellor Olaf Scholz on Monday visited German company Covestro's Asia-Pacific Innovation Center in Shanghai, China.

As a global chemicals giant that has been in China for over 20 years, Covestro plays an important role in supporting China's green transformation.

During the visit, Covestro demonstrated its leading innovations in the circular economy and provided a platform to discuss chances of the Sino-German partnership.

SOUNDBITE (English): HOLLY LEI, President, Covestro China
"We are inventors because we invented two materials, famous materials: polyurethane and polycarbonate. China is one of our top markets. We were committed to the Chinese market. We are still committed to the Chinese market, because this market gives us lots of opportunities to really realize our fully circular vision. So we are pretty positive about the Chinese market."

Xinhua News Agency correspondents reporting from Shanghai, China.
(XHTV)

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