STORY: Global optimism grows for China's high-quality development
SHOOTING TIME: Recent footage
DATELINE: July 19, 2024
LENGTH: 00:02:56
LOCATION: Sarajevo/Brussels/Berlin/DALIAN, SHANGHAI, China
CATEGORY: POLITICS/ECONOMY

SHOTLIST:
1. various of China
2. SOUNDBITE 1 (English): AMIT SEVAK, CEO, Education Testing Service (ETS) of USA
3. SOUNDBITE 2 (English): ERIK SOLHEIM, Co-chair of Europe-Asia Center, Former UN under-secretary-general
4. SOUNDBITE 3 (English): MICHAEL SCHUMANN, Chairman of the Board of the German Federal Association for Economic Development and Foreign Trade
5. various of China
6. SOUNDBITE 4 (English): MAXIMILIAN FOERST, President and CEO, ZEISS Greater China
7. SOUNDBITE 5 (Chinese): XUE WEI, Managing Director of Northeast Asia, Beiersdorf AG

STORYLINE:

As China pursues high-quality development, innovation serves as a primary driver of its growth.

Heavy investments in innovation have positioned China as a global pioneer in areas like new energy, artificial intelligence, and biotechnology.

International observers believe China's advancements in these fields are beneficial to global progress and development as China opens wider to the world. 

SOUNDBITE 1 (English): AMIT SEVAK, CEO, Education Testing Service (ETS) of USA
"China is investing a lot in science and research, so I think Chinese skills and knowledge can help the world by transferring these kinds of insights to help. There are many areas in which the Chinese economy is investing to help advance the productive forces. More R&D, more advanced science, more AI. Many of these can benefit not only China, but the rest of the world."

SOUNDBITE 2 (English): ERIK SOLHEIM, Co-chair of Europe-Asia Center, Former UN under-secretary-general
"It's (China is) very strong and it provides benefits for its own people, but by extension makes the world much better.
Now China, in many ways of measuring, is a leading scientific nation in the world.
Chinese companies (are) spreading their technology and efficient industrial power to other parts of the world, and for the merger of the information technology revolution and the renewable or green revolution, so it's good for everyone."

SOUNDBITE 3 (English): MICHAEL SCHUMANN, Chairman of the Board of the German Federal Association for Economic Development and Foreign Trade
"From my experience, and I've visited China now for 14 years, I saw China modernizing all along, all the way. So it's a very continuous process. It's a very successful process from what I've seen. It will be a positive stimulus also for less developed countries, for the Global South. And ultimately, it will benefit the global community."

China's economy grew by 5 percent in the first half of this year, reaffirming its role as a vital engine for global economic growth.

Intelligent green products, including integrated circuits, service robots and new energy vehicles, have extended double-digit growth in output.

As the country becomes a hub for technological innovation, it is expected to attract more foreign investment and foster international collaboration.

SOUNDBITE 4 (English): MAXIMILIAN FOERST, President and CEO, ZEISS Greater China
"I am extremely positive on basically the general trajectory because the investments are being done in the right place. We are now seeing China transferring from a quantity-driven economy to more of a quality and innovation."

SOUNDBITE 5 (Chinese): XUE WEI, Managing Director of Northeast Asia, Beiersdorf AG
"China's economy is transforming, presenting numerous investment opportunities. We see a booming market in China, and we are full of confidence and expectations for the future. We see huge investment opportunities in various sectors, including green energy, new technologies and digital products. Investing in China is investing in the future."

Xinhua News Agency correspondents reporting from Sarajevo/Brussels/Berlin/Dalian, Shanghai, China.
(XHTV)