China-Financing Roundtable/Chinese Contribution

Heads of global economic bodies laud China’s contribution to world economy

  • English

Shotlist


Beijing, China - Sept 12, 2017
1. Chinese Premier Li Keqiang greeting press briefing attendees, heads of major international economic institutions arriving
2. Christine Lagarde, managing director of International Monetary Fund, speaking at press briefing

FILE: Zhejiang Province, east China - Date Unknown
3. Various of scenes at port

Beijing, China - Sept 12, 2017
4. SOUNDBITE (English) Jim Yong Kim, president, World Bank Group (partially overlaid with shots 5-6):
"China's leadership in promoting open trade has been and will continue to be critical. Investments, particularly in infrastructure, are critical. China's Belt and Road Initiative will catalyze infrastructure investments. We at the World Bank Group are committed to helping to maximize the development benefits for countries along the Belt and Road in line with their own development strategies. The World Bank Group has already committed about 80 billion dollars to promote infrastructure development in Belt and Road countries.”

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FILE: Cairo, Egypt - Date Unknown
5. Various of power pylons
6. Various of wires being transferred by machinery
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FILE: Beijing, China - Date Unknown
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7. Reception desk of World Bank's Beijing office
8. World Bank sign

FILE: Shanghai, China - Date Unknown
9. Various of bank clerk counting U.S. dollar banknotes
10. Bundles of Chinese yuan, U.S. dollar banknotes on table

Beijing, China - Sept 12, 2017
11. SOUNDBITE (English) Mark Carney, chairman, Financial Stability Board (partially overlaid with shots 12-14):
"There's now an opportunity to build new asset classes to meet society's broader needs, and nowhere is this more true than in green finance, and no country has done more in this regard than China. The green bond market is one of the fastest growing markets. In the global capital markets, China issued 40 percent of all green bonds last year."

++ SHOTS OVERLAYING SOUNDBITE ++
FILE: London, UK - Date Unknown
12. Bank of China branch

FILE: Exact Location and Date Unknown
13. Bank branch employee assisting customer

FILE: China - Exact Location and Date Unknown
14. Bank of China clerk assisting customer
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15. Customers at bank counter
16. Sign reading (Chinese/English): "Cash Service"
17. Bank clerk assisting customer
18. Bank clerk counting U.S. dollar banknotes

Storyline


The heads of major international economic organizations hailed China’s contribution to promoting an open world economy on Tuesday, saying that they are willing to further cooperate with the country to pursue strong, sustainable, balanced and inclusive global growth.

The remarks were made at a press briefing after a roundtable dialogue attended by Chinese Premier Li Keqiang in Beijing with the heads of six multilateral institutions, namely the World Bank Group, International Monetary Fund, World Trade Organization, International Labor Organization, Organization for Economic Cooperation and Development, and the Financial Stability Board.

Leaders of the organizations said at the briefing that the world needs multilateral trade mechanisms and cooperation to boost global economic recovery and described free trade as the remedy for many of the existing problems.

Acknowledging China’s contribution to world economic growth, they added that they expected to see the Chinese solution playing an even bigger role in the global arena.

"China's leadership in promoting open trade has been and will continue to be critical. Investments, particularly in infrastructure, are critical. China's Belt and Road Initiative will catalyze infrastructure investments. We at the World Bank Group are committed to helping to maximize the development benefits for countries along the Belt and Road in line with their own development strategies. The World Bank Group has already committed about 80 billion dollars to promote infrastructure development in Belt and Road countries," said Jim Yong Kim, president of the World Bank Group.

Meanwhile, the leaders also noted that as China has been pushing ahead with its structural reforms, other countries around the world should follow suit so as to bolster world economic recovery.

"There's now an opportunity to build new asset classes to meet society's broader needs, and nowhere is this more true than in green finance, and no country has done more in this regard than China. The green bond market is one of the fastest growing markets. In the global capital markets, China issued 40 percent of all green bonds last year," said Mark Carney, chairman of the Financial Stability Board.

Earlier this year, the International Monetary Fund revised its 2017 growth forecast for China to 6.7 percent, citing domestic reform and policy support, as well as strengthening external demand.

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  • ID : 8060911
  • Published : 2017-09-13 17:25
  • Last Modified : 2017-09-13 17:38:03
  • Location : Beijing,China
  • Category : economy, business and finance
  • Duration : 1'41
  • Audio Language : English/Nats/Part Mute
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Version : 4
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