01:23

China's digital economy, green development offer opportunities: U.S. industry giant

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STORY: China's digital economy, green development offer opportunities: U.S. industry giant
SHOOTING TIME: Recent footage and file
DATELINE: Dec. 10, 2023
LENGTH: 00:01:23
LOCATION: SHANGHAI, China
CATEGORY: ECONOMY

SHOTLIST:
1. STANDUP (English): DING TING, Xinhua correspondent
2. various of Honeywell's Asia-Pacific headquarters in Shanghai
3. various of Shanghai (File)
4. SOUNDBITE (English): WILLIAM YU, President of Honeywell China
5. various of exhibitions (File)
6. various of China (File)
7. various of Honeywell's labs (File)

STORYLINE:

STANDUP (English): DING TING, Xinhua correspondent
"Chinese market continues to attract foreign trade, and Honeywell which is behind me is just one of them.
In 2023 alone, multiple innovative institutions were established in China to promote more and more technologies and solutions in low-carbon development."

Honeywell's presence in China dates back to 1935.

Today, the company has established its Asia-Pacific headquarters in Shanghai.

SOUNDBITE (English): WILLIAM YU, President of Honeywell China
"China now is already the second largest market in the world. And for companies like Honeywell, we really appreciate all these opportunities for different industries, for different applications.
Chinese government, within the last few years, has very actively promoted digital economy, automation, 'dual carbon' (goals). And this opened a lot of market for companies like Honeywell, because Honeywell does have a lot of technologies, offerings and products in these areas related to automation, energy transformation and future aviation. We are very happy with all the good changes we see now.
China has a lot of talents, very capable, very talented and committed. So this is all the good news to the companies like us, to the business like us."

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

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