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01:39
China's Greater Bay Area turns into dynamic growth engine for new quality productive forces
STORY: China's Greater Bay Area turns into dynamic growth engine for new quality productive forces
SHOOTING TIME: Recent footage
DATELINE: Dec. 22, 2024
LENGTH: 00:01:39
LOCATION: SHENZHEN, China
CATEGORY: ECONOMY
SHOTLIST:
1. various of China's Guangdong-Hong Kong-Macao Greater Bay Area (GBA)
2. various of a BYD factory
3. SOUNDBITE (Chinese): WANG CHUANFU, Chairman and president of BYD
STORYLINE:
Covering an area of 56,000 square kilometers, China's Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is less than 0.6 percent of the country's total land area.
However, it generated an economic output exceeding 14 trillion yuan (about 1.95 trillion U.S. dollars) in 2023, roughly one-ninth of the national total.
Eyeing high-quality sustainable development, Guangdong Province, in recent years, outlined action plans for 20 strategic industry clusters, ranging from the automotive industry to intelligent home appliances and advanced materials.
The new energy vehicle (NEV) sector is the epitome of the rapid development of strategic industries in the GBA, where BYD was born.
BYD, a front-runner in the global NEV market, set a new sales record this year, with October marking a milestone sales achievement of 500,000 NEVs sold in a single month.
SOUNDBITE (Chinese): WANG CHUANFU, Chairman and president of BYD
"China's NEV sector has overcome the technological barriers, with its production and sales top world for 9 consecutive years, accounting for over 60% of the global market share. It has established a resilient, competitive, and complete industrial chain, making it a flagship industry for high-quality development. BYD, for instance, achieved sales of over 3.02 million NEVs last year, a year-on-year increase of over 60%, retaining its position as the world's top NEV seller. These achievements are the epitome of Guangdong's adherence to prioritizing manufacturing, accelerating the development of new quality productive forces, and advancing high-quality development."
Xinhua News Agency correspondents reporting from Shenzhen, China.
(XHTV)
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