01:45

China leads acceleration of global digital economy: German expert

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STORY: China leads acceleration of global digital economy: German expert
SHOOTING TIME: Dec. 14, 2023
DATELINE: Dec. 19, 2023
LENGTH: 00:01:45
LOCATION: Brussels
CATEGORY: ECONOMY

SHOTLIST:
1. various of the views in China
2. various of technologies in China
3. SOUNDBITE 1 (English): CHRISTIAN DREGER, Senior research fellow at European University Viadrina in Frankfurt an der Oder
4. various of the views in China
5. SOUNDBITE 2 (English): CHRISTIAN DREGER, Senior research fellow at European University Viadrina in Frankfurt an der Oder

STORYLINE:

China is leading the acceleration of global digital economy, said Christian Dreger, a senior research fellow at European University Viadrina in Frankfurt an der Oder.

SOUNDBITE 1 (English): CHRISTIAN DREGER, Senior research fellow at European University Viadrina in Frankfurt an der Oder
"The transformation of the world economy towards strong digitalization of economic activities and towards the more climate-friendly activities helps the Chinese firms. They are well positioned in these markets like internet infrastructure, medical sectors, health and life sciences, and also the new energy vehicles. So in these sectors, Chinese firms are often world market leaders."

The expert added that the Belt and Road Initiative (BRI) is expected to add growth momentum to global economy.

SOUNDBITE 2 (English): CHRISTIAN DREGER, Senior research fellow at European University Viadrina in Frankfurt an der Oder
"In principle, the Belt and Road Initiative from your government would provide a growth rate hike for the entire global economy. Infrastructure as part of the Belt and Road Initiative might be a chance to support world economic growth. And the transformation towards a greener economy will also provide investment opportunities. And as I said, Chinese economy and Chinese firms are well positioned in that area."

Xinhua News Agency correspondents reporting from Brussels.
(XHTV)

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