China-Production Service Outsourcing/Jan-April

Chinese production service-outsourcing up 18.3 percent in first four months

  • English

Shotlist


FILE: Beijing, China - Date unknown (CCTV - No access Chinese mainland)
1. Various of exterior of China's Ministry of Commerce (MOC)

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
2. Various of workers working in workshops
3. Aerial shots of factories
4. Interior of factory
5. Control room in factory, staff
6. Equipment inside factory

FILE: Brussels, Belgium - June 11, 2019 (CCTV - No access Chinese mainland)
7. Various of European Commission headquarters, flags

FILE: Berlin, Germany - May 7, 2018 (CCTV - No access Chinese mainland)
8. Various of Reichstag Houses of Parliament building, German national flags

FILE: London, UK - 2017 (CCTV - No access Chinese mainland)
9. Various of British parliament building, national flags

FILE: Moscow, Russia - May 9, 2018 (CGTN - No access Chinese mainland)
10. Various of Grand Kremlin Palace, traffic, boat sailing on river

Storyline


Volumes of China's production service-outsourcing contracts reached 398.26 billion yuan (about 57.48 billion U.S. dollars) in the first four months this year, up 18.3 percent year on year, according to data released by the Ministry of Commerce on Wednesday.

From January to April, Chinese enterprises signed contracts worth 257.36 billion yuan (about 37.14 billion U.S. dollars) for offshore service outsourcing, increasing 20.5 percent from the same period of last year.

According to Zhu Guangyao, deputy inspector of the ministry's Department of Trade in Services and Commercial Services, China's production service-outsourcing cooperation with countries from the European Union has witnessed a rapid growth.

The volumes of new contracts signed with those countries that were carried out in the first four months reached 24.51 billion yuan (about 3.53 billion U.S. dollars), up 25.1 percent from last year. The volumes of Chinese production service-outsourcing contracts signed with countries Germany, Britain, France, the Netherlands and Ireland all maintained a two-digit growth.

China's production service-outsourcing cooperation with Russia and Central and Eastern European countries along the Belt and Road route also picked up speed. In the first four months, Chinese businesses inked new service outsourcing contracts totaling 23.65 billion yuan (about 3.41 billion U.S. dollars) with countries along the Belt and Road route.

The contracts signed between China and Russia totaled 1.07 billion yuan (about 154 million U.S. dollars), which witnessed a significant growth of 54.7 percent. Countries from Central and Eastern Europe also signed contracts with China worth 980 million yuan (about 141 million U.S. dollars), a 24.4 percent growth year on year.

The Belt and Road Initiative refers to the Silk Road Economic Belt and the 21st Century Maritime Silk Road proposed by China in 2013, aiming to revive ancient trade routes between Asia and Europe and beyond.

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  • ID : 8113063
  • Published : 2019-06-12 15:06
  • Last Modified : 2019-06-12 16:39:57
  • Location : China
  • Category : economy, business and finance
  • Duration : 1'30
  • Audio Language : Nats/Part Mute
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Version : 3

China-Production Service Outsourcing/Jan-April

Chinese production service-outsourcing up 18.3 percent in first four months

Dateline : June 12, 2019/File

Location : China

Duration : 1'30

  • English


FILE: Beijing, China - Date unknown (CCTV - No access Chinese mainland)
1. Various of exterior of China's Ministry of Commerce (MOC)

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
2. Various of workers working in workshops
3. Aerial shots of factories
4. Interior of factory
5. Control room in factory, staff
6. Equipment inside factory

FILE: Brussels, Belgium - June 11, 2019 (CCTV - No access Chinese mainland)
7. Various of European Commission headquarters, flags

FILE: Berlin, Germany - May 7, 2018 (CCTV - No access Chinese mainland)
8. Various of Reichstag Houses of Parliament building, German national flags

FILE: London, UK - 2017 (CCTV - No access Chinese mainland)
9. Various of British parliament building, national flags

FILE: Moscow, Russia - May 9, 2018 (CGTN - No access Chinese mainland)
10. Various of Grand Kremlin Palace, traffic, boat sailing on river


Volumes of China's production service-outsourcing contracts reached 398.26 billion yuan (about 57.48 billion U.S. dollars) in the first four months this year, up 18.3 percent year on year, according to data released by the Ministry of Commerce on Wednesday.

From January to April, Chinese enterprises signed contracts worth 257.36 billion yuan (about 37.14 billion U.S. dollars) for offshore service outsourcing, increasing 20.5 percent from the same period of last year.

According to Zhu Guangyao, deputy inspector of the ministry's Department of Trade in Services and Commercial Services, China's production service-outsourcing cooperation with countries from the European Union has witnessed a rapid growth.

The volumes of new contracts signed with those countries that were carried out in the first four months reached 24.51 billion yuan (about 3.53 billion U.S. dollars), up 25.1 percent from last year. The volumes of Chinese production service-outsourcing contracts signed with countries Germany, Britain, France, the Netherlands and Ireland all maintained a two-digit growth.

China's production service-outsourcing cooperation with Russia and Central and Eastern European countries along the Belt and Road route also picked up speed. In the first four months, Chinese businesses inked new service outsourcing contracts totaling 23.65 billion yuan (about 3.41 billion U.S. dollars) with countries along the Belt and Road route.

The contracts signed between China and Russia totaled 1.07 billion yuan (about 154 million U.S. dollars), which witnessed a significant growth of 54.7 percent. Countries from Central and Eastern Europe also signed contracts with China worth 980 million yuan (about 141 million U.S. dollars), a 24.4 percent growth year on year.

The Belt and Road Initiative refers to the Silk Road Economic Belt and the 21st Century Maritime Silk Road proposed by China in 2013, aiming to revive ancient trade routes between Asia and Europe and beyond.

ID : 8113063

Published : 2019-06-12 15:06

Last Modified : 2019-06-12 16:39:57

Source : China Central Television (CCTV)

Restrictions : No access Chinese mainland

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