STORY: U.S. scholar on China's green transformation
SHOOTING TIME: Nov. 15, 2024
DATELINE: Nov. 19, 2024
LENGTH: 00:02:09
LOCATION: Baku
CATEGORY: POLITICS

SHOTLIST:
1. various of the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29) in Baku
2. SOUNDBITE 1 (English): JEFFREY SACHS, President of the UN Sustainable Development Solutions Network
3. various of the green energy facilities
4. SOUNDBITE 2 (English): JEFFREY SACHS, President of the UN Sustainable Development Solutions Network

STORYLINE:

Renowned U.S. economist Jeffrey Sachs told Xinhua that China is undertaking a rapid transformation in energy structure by adding massive green energy capacity.

SOUNDBITE 1 (English): JEFFREY SACHS, President of the UN Sustainable Development Solutions Network
"China is absolutely essential. First, China itself is undertaking a rapid transformation. It's adding massive capacity of green energy, like solar power. A huge expansion of potential.
This is very, very important. It's very good news, wonderful news, but China is also making possible the transformation around the world because China has a vast productive capacity.
It is now exporting these technologies all over the world. Electric vehicle exports are soaring, 5G exports are soaring, because that's a key part of the solution. And other countries want it. Fast rail that China is a leader [in] is soaring, photovoltaics is soaring.
So China's great productive potential is the answer to the question here."

The economist also noted China's partnerships with developing countries, highlighting the mutual benefits of this collaboration.

SOUNDBITE 2 (English): JEFFREY SACHS, President of the UN Sustainable Development Solutions Network
"China is cooperating with developing countries, of course, upper-middle-income countries in Southeast Asia and lower-income or lower-middle-income countries in parts of Africa. The cooperation will spur the economic development of those partner countries.
They will provide a good market for Chinese technology and Chinese products. But those technologies from China will also create economic development in the partner countries. So this is a true win-win proposition.
And I think a strong partnership of China and Africa will enable Africa to achieve very rapid economic growth in the coming years. So I'm very excited about what the green Belt and Road Initiative makes possible."

Xinhua News Agency correspondents reporting from Baku.
(XHTV)