STORY: Multinational corporations praise China's achievements in emerging industries
SHOOTING TIME: Aug. 27-28, 2024
DATELINE: Aug. 28, 2024
LENGTH: 00:01:27
LOCATION: QINGDAO, China
CATEGORY: ECONOMY

SHOTLIST:
1. various of the summit
2. various of street views of Qingdao
3. SOUNDBITE 1 (English): KURT VAN RYSSELBERGE, Head of Bekaert China
4. SOUNDBITE 2 (English): ANDREW WU, General Manager of Dun & Bradstreet China

STORYLINE:

The fifth Qingdao Multinationals Summit kicked off on Tuesday in Qingdao City, east China's Shandong Province, continuing its established "Multinational Corporations and China" theme.

The three-day event drew over 500 representatives of multinational corporations to participate. 

Some attendees said that China has made remarkable achievements in emerging industries like new-generation information technology, renewable energy, new materials, and high-end equipment, offering vast market opportunities and growth potential for businesses around the world.

SOUNDBITE 1 (English): KURT VAN RYSSELBERGE, Head of Bekaert China
"With regard to the economic expectations, we remain optimistic about the growth potential of China, continue to openness, business orientation, innovation, and very important, as I just mentioned, the green transition.
We see, in fact, huge potential for our products offering and we will continue to look into the opportunities for investment later onwards to make sure that we support the growth of these products in the Chinese market."

SOUNDBITE 2 (English): ANDREW WU, General Manager of Dun & Bradstreet China
"I think China has been advocating digital economy as a central part of the national strategy. So, if you look at the market worldwide, the two important questions are 'how do we create enough demands?' and 'how do we create high-quality supply?' So, we see what China has been doing is China has been able to apply digital economy to create high-quality supply."

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