STORY: China's digital trade expo helps promote global digital economy
SHOOTING TIME: Nov. 23, 2023
DATELINE: Nov. 27, 2023
LENGTH: 00:01:34
LOCATION: HANGZHOU, China
CATEGORY: POLITICS

SHOTLIST:
1. various of the expo
2. SOUNDBITE 1 (Chinese): SHI YONG, Soft Robot Tech Co., Ltd., Beijing
3. SOUNDBITE 2 (Chinese): YANG DAYUN, Exhibitor from BrainCo
4. various of China's digital economy

STORYLINE:

The second Global Digital Trade Expo (GDTE) wrapped up Monday in east China's Hangzhou.

Themed "Digital Trade, Global Access," the expo attracted dozens of international organizations and business associations, as well as over 800 enterprises.

It has provided an important platform to boost digital trade.

SOUNDBITE 1 (Chinese): SHI YONG, Soft Robot Tech Co., Ltd., Beijing
"Our sales have been growing steadily. They reached around 80 million yuan (11.18 million U.S. dollars) last year. The expo allows more customers to learn about our products, and the level we have reached in automation."

SOUNDBITE 2 (Chinese): YANG DAYUN, Exhibitor from BrainCo
"In general, on the market, the products that can achieve the same functionality as ours are typically priced at around 600,000 to 700,000 yuan (about 84,000 to 98,000 U.S. dollars). Our price will be controlled within 200,000 yuan (28,000 U.S. dollars)."

Digital trade, as an important part of the digital economy, is seen as a new engine for global trade growth.

In 2022, China's digitally-delivered service trade value rose 3.4 percent year on year to 372.71 billion U.S. dollars, accounting for around 9 percent of the global total, according to the Report on China's Development of Digital Trade 2022 released at the expo. By the end of 2022, the number of Chinese digital service platform enterprises with an individual market value of over 1 billion U.S. dollars had exceeded 200.

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