China-Development Forum/Trade Tension

China Development Forum session guests call for more rationality in solving trade tension

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Shotlist


Beijing, China - Sept 6, 2019 (CCTV - No access Chinese mainland)
1. Various of China Development Forum Special Session in progress

Beijing, China - Sept 5, 2019 (CCTV - No access Chinese mainland)
2. SOUNDBITE (English) Gita Gopinath, chief economist, International Monetary Fund (IMF) (partially overlaid with shot 3):
"I estimate that it will lower the level of world GDP by 0.8 percent in 2020. It is important to resolve the trade disagreement and the trade tensions that exist, to wind back tariffs, to have sound policies in the international front."
++SHOT OVERLAYING SOUNDBITE++
FILE: Los Angeles, USA - Nov 9, 2017 (CCTV - No access Chinese mainland)
3. Containers being transported at port
++SHOT OVERLAYING SOUNDBITE++

Beijing, China - Sept 6, 2019 (CCTV - No access Chinese mainland)
4. SOUNDBITE (English) Carlos Gutierrez, former U.S. Commerce Secretary (ending with shot 5):
"First of all, I'm glad that the two countries have decided to talk, that the talks will continue, because we don't achieve anything without talking to each other. We should be trying to get a deal to stop this [trade tension]."

FILE: Los Angeles, USA - Nov 9, 2017 (CCTV - No access Chinese mainland)
5. Various of containers being transported at port

FILE: Washington, D.C., USA - Date Unknown (CGTN - No access Chinese mainland)
6. U.S. national flag
7. White House

FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
8. Various of Chinese national flag, Tian'anmen Square

Beijing, China - Sept 6, 2019 (CCTV - No access Chinese mainland)
9. SOUNDBITE (English) John Neuffer, President, U.S. Semiconductor Industry Association (SIA):
"Well, we are not ever big fans of tariffs. As an industry, we've thrived in a zero-in zero-out environment, we are not paying tariffs as you move your products around the world. So, we generally are just really mass supporters of free trade."

FILE: Ningbo City, Zhejiang Province, east China - Date Unknown (CGTN - No access Chinese mainland)
10. Various of Ningbo-Zhoushan Port scenes

Beijing, China - Sept 6, 2019 (CCTV - No access Chinese mainland)
11. SOUNDBITE (Chinese) Liao Tianshu, chairman, Boston Consulting Group Greater China (partially overlaid with shot 12):
"China has formed some highly efficient industrial chains in terms of its manufacturing operation, which is completely integrated into the global industrial chain. So giving up the Chinese market with a huge demand as well as highly efficient industrial chains would be a disconformity to business logic of multinational companies. So in my opinion, China has an unshakable position both as a major consumer and a major manufacturer."
++SHOT OVERLAYING SOUNDBITE++
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
12. Various of high-tech manufacturing in progress
++SHOT OVERLAYING SOUNDBITE++

FILE: China - Exact Date and location Unknown (CCTV - No access Chinese mainland)
13. Various of automated production line

Beijing, China - Sept 6, 2019 (CCTV - No access Chinese mainland)
14. SOUNDBITE (English) Robert Barro, professor, Harvard University:
"I think free trade is one of the instruments that contribute to world economic growth that is really central. It's something that kind of has basically been agreed on and has been beneficial, and it's something that both the U.S. and China should be striving for. I think there are problems in getting there right now, but it's a principle that should be remembered in terms of thinking about desirable policy."
15. China Development Forum Special Session in progress
16. Jochen Goller, President and CEO of BMW Group Region China, addressing session
17. SOUNDBITE (English) Jochen Goller, President and CEO, BMW Group Region China (starting with shot 16/partially overlaid with shot 18):
"I think the automotive industry is truly a global industry. And BMW firmly believes in free trade. The trade issues are clearly affecting BMW, because we have some cars produced in the U.S., which would be applied to tariffs. But we still hope that there will be fruitful discussions and there will be a trade deal ultimately."
++SHOT OVERLAYING SOUNDBITE++
18. Goller talking
++SHOT OVERLAYING SOUNDBITE++
19. SOUNDBITE (English) Elizabeth Knup, Ford Foundation's regional director in China (partially overlaid with shot 20):
"I think that the trade negotiations are ongoing. We are encouraged there will be some meetings in October that we hope will make some progress. China is a strong country entering into the world, and we need to find ways for the U.S. and China to find a new framework."
++SHOT OVERLAYING SOUNDBITE++
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
20. RMB banknotes being counted
++SHOT OVERLAYING SOUNDBITE++

FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
21. RMB banknotes being counted

Beijing, China - Sept 6, 2019 (CCTV - No access Chinese mainland)
22. China Development Forum Special Session in progress

Storyline


Guests at the China Development Forum Special Session on Friday in Beijing called for more rationality in solving the trade tension between the world's two largest economies.

Around 400 guests from various countries and regions gathered for the China Development Forum Special Session which opened on Friday. They called for more fruitful dialogue between China and the United States so as to add more driving force to the global economy.

Gita Gopinath, chief economist of the International Monetary Fund (IMF), said additional tariffs imposed by relevant countries would harm long-term growth prospect of the global economy amid the already intensifying downward risks.

"I estimate that it will lower the level of world GDP by 0.8 percent in 2020. It is important to resolve the trade disagreement and the trade tensions that exist, to wind back tariffs, to have sound policies in the international front," said Gopinath.

Chinese and U.S. chief trade negotiators agreed on Thursday to jointly take concrete actions to create favorable conditions for bilateral consultations.

Chinese Vice Premier Liu He, a member of the Political Bureau of the Communist Party of China Central Committee and chief of the Chinese side of the China-U.S. comprehensive economic dialogue, held a phone conversation with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin. The two sides agreed to hold the 13th round of China-U.S. high-level economic and trade consultations in early October in Washington.

"First of all, I'm glad that the two countries have decided to talk, that the talks will continue, because we don't achieve anything without talking to each other. We should be trying to get a deal to stop this [trade tension]," said former U.S. Commerce Secretary Carlos Gutierrez.

The guests at the special session said that it is impossible for enterprises to ignore such a huge market as China, expressing hope for improved ties between China and the U.S.

"We are not ever big fans of tariffs. As an industry, we've thrived in a zero-in zero-out environment, we are not paying tariffs as you move your products around the world. So, we generally are just really mass supporters of free trade," said John Neuffer, President of the U.S. Semiconductor Industry Association (SIA).

"China has formed some highly efficient industrial chains in terms of its manufacturing operation, which is completely integrated into the global industrial chain. So giving up the Chinese market with a huge demand as well as highly efficient industrial chains would be a disconformity to business logic of multinational companies. So in my opinion, China has an unshakable position both as a major consumer and a major manufacturer," said Liao Tianshu, chairman of Boston Consulting Group Greater China.

The guests said that the continuing trade talks between China and the U.S. meet the expectation of the international community.

"I think free trade is one of the instruments that contribute to world economic growth that is really central. It's something that kind of has basically been agreed on and has been beneficial, and it's something that both the U.S. and China should be striving for. I think there are problems in getting there right now, but it's a principle that should be remembered in terms of thinking about desirable policy," said Robert Barro, professor with the Harvard University.

"I think the automotive industry is truly a global industry. And BMW firmly believes in free trade. The trade issues are clearly affecting BMW, because we have some cars produced in the U.S., which would be applied to tariffs. But we still hope that there will be fruitful discussions and there will be a trade deal ultimately," said Jochen Goller, President and CEO of BMW Group Region China.

"I think that the trade negotiations are ongoing. We are encouraged there will be some meetings in October that we hope will make some progress. China is a strong country entering into the world, and we need to find ways for the U.S. and China to find a new framework," said Elizabeth Knup, the Ford Foundation's regional director in China.

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  • ID : 8121078
  • Published : 2019-09-07 11:10
  • Last Modified : 2019-09-08 11:05:25
  • Location : Beijing,China
  • Category : economy, business and finance
  • Duration : 3'34
  • Audio Language : English/Chinese/Nats/Part Mute
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : No access Chinese mainland
  • Version : 1
  • ID : 8121078
  • Published : 2019-09-07 18:02
  • Last Modified : 2019-09-08 11:05:25
  • Location : Beijing,Chine
  • Category : economy, business and finance
  • Duration : 3'34
  • Audio Language : Anglais/Chinois/Nats/Partiellement muet
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : Pas d’accès dans la partie continentale de Chine
  • Version : 1
  • ID : 8121078
  • Published : 2019-09-07 19:31
  • Last Modified : 2019-09-08 11:05:25
  • Location : Пекин,Китай
  • Category : economy, business and finance
  • Duration : 3'34
  • Audio Language : Китайский/Английский/Естественный звук/Частично немое
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : Недоступно материковой части Китая
  • Version : 1
  • ID : 8121078
  • Published : 2019-09-07 17:57
  • Last Modified : 2019-09-08 11:05:25
  • Location : Beijing,China
  • Category : economy, business and finance
  • Duration : 3'34
  • Audio Language : Inglés/Chino/Nats/Parte Muda
  • Source : China Central Television (CCTV)
  • Restrictions : No acceso a la parte continental de China
  • Version : 1
  • ID : 8121078
  • Published : 2019-09-08 11:02
  • Last Modified : 2019-09-08 11:06:34
  • Category : economy, business and finance
  • Duration : 3'34
  • Audio Language : 英語/中国語/自然音声/一部音声なし
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : 中国大陸での使用は不可
  • Version : 1

China-Development Forum/Trade Tension

China Development Forum session guests call for more rationality in solving trade tension

Dateline : Sept 5/6, 2019/File

Location : Beijing,China

Duration : 3'34

  • English
  • Français
  • Pусский
  • Español
  • 日本語


Beijing, China - Sept 6, 2019 (CCTV - No access Chinese mainland)
1. Various of China Development Forum Special Session in progress

Beijing, China - Sept 5, 2019 (CCTV - No access Chinese mainland)
2. SOUNDBITE (English) Gita Gopinath, chief economist, International Monetary Fund (IMF) (partially overlaid with shot 3):
"I estimate that it will lower the level of world GDP by 0.8 percent in 2020. It is important to resolve the trade disagreement and the trade tensions that exist, to wind back tariffs, to have sound policies in the international front."
++SHOT OVERLAYING SOUNDBITE++
FILE: Los Angeles, USA - Nov 9, 2017 (CCTV - No access Chinese mainland)
3. Containers being transported at port
++SHOT OVERLAYING SOUNDBITE++

Beijing, China - Sept 6, 2019 (CCTV - No access Chinese mainland)
4. SOUNDBITE (English) Carlos Gutierrez, former U.S. Commerce Secretary (ending with shot 5):
"First of all, I'm glad that the two countries have decided to talk, that the talks will continue, because we don't achieve anything without talking to each other. We should be trying to get a deal to stop this [trade tension]."

FILE: Los Angeles, USA - Nov 9, 2017 (CCTV - No access Chinese mainland)
5. Various of containers being transported at port

FILE: Washington, D.C., USA - Date Unknown (CGTN - No access Chinese mainland)
6. U.S. national flag
7. White House

FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
8. Various of Chinese national flag, Tian'anmen Square

Beijing, China - Sept 6, 2019 (CCTV - No access Chinese mainland)
9. SOUNDBITE (English) John Neuffer, President, U.S. Semiconductor Industry Association (SIA):
"Well, we are not ever big fans of tariffs. As an industry, we've thrived in a zero-in zero-out environment, we are not paying tariffs as you move your products around the world. So, we generally are just really mass supporters of free trade."

FILE: Ningbo City, Zhejiang Province, east China - Date Unknown (CGTN - No access Chinese mainland)
10. Various of Ningbo-Zhoushan Port scenes

Beijing, China - Sept 6, 2019 (CCTV - No access Chinese mainland)
11. SOUNDBITE (Chinese) Liao Tianshu, chairman, Boston Consulting Group Greater China (partially overlaid with shot 12):
"China has formed some highly efficient industrial chains in terms of its manufacturing operation, which is completely integrated into the global industrial chain. So giving up the Chinese market with a huge demand as well as highly efficient industrial chains would be a disconformity to business logic of multinational companies. So in my opinion, China has an unshakable position both as a major consumer and a major manufacturer."
++SHOT OVERLAYING SOUNDBITE++
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
12. Various of high-tech manufacturing in progress
++SHOT OVERLAYING SOUNDBITE++

FILE: China - Exact Date and location Unknown (CCTV - No access Chinese mainland)
13. Various of automated production line

Beijing, China - Sept 6, 2019 (CCTV - No access Chinese mainland)
14. SOUNDBITE (English) Robert Barro, professor, Harvard University:
"I think free trade is one of the instruments that contribute to world economic growth that is really central. It's something that kind of has basically been agreed on and has been beneficial, and it's something that both the U.S. and China should be striving for. I think there are problems in getting there right now, but it's a principle that should be remembered in terms of thinking about desirable policy."
15. China Development Forum Special Session in progress
16. Jochen Goller, President and CEO of BMW Group Region China, addressing session
17. SOUNDBITE (English) Jochen Goller, President and CEO, BMW Group Region China (starting with shot 16/partially overlaid with shot 18):
"I think the automotive industry is truly a global industry. And BMW firmly believes in free trade. The trade issues are clearly affecting BMW, because we have some cars produced in the U.S., which would be applied to tariffs. But we still hope that there will be fruitful discussions and there will be a trade deal ultimately."
++SHOT OVERLAYING SOUNDBITE++
18. Goller talking
++SHOT OVERLAYING SOUNDBITE++
19. SOUNDBITE (English) Elizabeth Knup, Ford Foundation's regional director in China (partially overlaid with shot 20):
"I think that the trade negotiations are ongoing. We are encouraged there will be some meetings in October that we hope will make some progress. China is a strong country entering into the world, and we need to find ways for the U.S. and China to find a new framework."
++SHOT OVERLAYING SOUNDBITE++
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
20. RMB banknotes being counted
++SHOT OVERLAYING SOUNDBITE++

FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
21. RMB banknotes being counted

Beijing, China - Sept 6, 2019 (CCTV - No access Chinese mainland)
22. China Development Forum Special Session in progress


Guests at the China Development Forum Special Session on Friday in Beijing called for more rationality in solving the trade tension between the world's two largest economies.

Around 400 guests from various countries and regions gathered for the China Development Forum Special Session which opened on Friday. They called for more fruitful dialogue between China and the United States so as to add more driving force to the global economy.

Gita Gopinath, chief economist of the International Monetary Fund (IMF), said additional tariffs imposed by relevant countries would harm long-term growth prospect of the global economy amid the already intensifying downward risks.

"I estimate that it will lower the level of world GDP by 0.8 percent in 2020. It is important to resolve the trade disagreement and the trade tensions that exist, to wind back tariffs, to have sound policies in the international front," said Gopinath.

Chinese and U.S. chief trade negotiators agreed on Thursday to jointly take concrete actions to create favorable conditions for bilateral consultations.

Chinese Vice Premier Liu He, a member of the Political Bureau of the Communist Party of China Central Committee and chief of the Chinese side of the China-U.S. comprehensive economic dialogue, held a phone conversation with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin. The two sides agreed to hold the 13th round of China-U.S. high-level economic and trade consultations in early October in Washington.

"First of all, I'm glad that the two countries have decided to talk, that the talks will continue, because we don't achieve anything without talking to each other. We should be trying to get a deal to stop this [trade tension]," said former U.S. Commerce Secretary Carlos Gutierrez.

The guests at the special session said that it is impossible for enterprises to ignore such a huge market as China, expressing hope for improved ties between China and the U.S.

"We are not ever big fans of tariffs. As an industry, we've thrived in a zero-in zero-out environment, we are not paying tariffs as you move your products around the world. So, we generally are just really mass supporters of free trade," said John Neuffer, President of the U.S. Semiconductor Industry Association (SIA).

"China has formed some highly efficient industrial chains in terms of its manufacturing operation, which is completely integrated into the global industrial chain. So giving up the Chinese market with a huge demand as well as highly efficient industrial chains would be a disconformity to business logic of multinational companies. So in my opinion, China has an unshakable position both as a major consumer and a major manufacturer," said Liao Tianshu, chairman of Boston Consulting Group Greater China.

The guests said that the continuing trade talks between China and the U.S. meet the expectation of the international community.

"I think free trade is one of the instruments that contribute to world economic growth that is really central. It's something that kind of has basically been agreed on and has been beneficial, and it's something that both the U.S. and China should be striving for. I think there are problems in getting there right now, but it's a principle that should be remembered in terms of thinking about desirable policy," said Robert Barro, professor with the Harvard University.

"I think the automotive industry is truly a global industry. And BMW firmly believes in free trade. The trade issues are clearly affecting BMW, because we have some cars produced in the U.S., which would be applied to tariffs. But we still hope that there will be fruitful discussions and there will be a trade deal ultimately," said Jochen Goller, President and CEO of BMW Group Region China.

"I think that the trade negotiations are ongoing. We are encouraged there will be some meetings in October that we hope will make some progress. China is a strong country entering into the world, and we need to find ways for the U.S. and China to find a new framework," said Elizabeth Knup, the Ford Foundation's regional director in China.

ID : 8121078

Published : 2019-09-07 11:10

Last Modified : 2019-09-08 11:05:25

Source : China Central Television (CCTV),China Global Television Network (CGTN)

Restrictions : No access Chinese mainland

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