China/USA-Trade Deal/Reax

China-US phase one deal to give huge boost to agriculture sector: Chinese, US experts

  • English

Shotlist


Washington D.C., USA - Jan 15, 2020 (CCTV - No access Chinese mainland)
1. Various of Chinese Vice Premier Liu He, U.S. President Donald Trump signing China-U.S. phase one trade deal
2. Liu shaking hands with Trump
3. Liu, Trump holding signed copies of deal

Beijing, China - Recent (CGTN - No access Chinese mainland)
4. SOUNDBITE (English) Han Jun, Vice Minister, Ministry of Agriculture and Rural Affairs (partially overlaid with shots 5-9):
"We will buy more agricultural products from the United States. And at the same time, we will export more Chinese agricultural products to the U.S. market. The purpose is to let the agricultural sector be a strong pillar for the bilateral relations. The Chinese market for the agricultural products and food is a huge market, is a stable market. If the agricultural products and food from the U.S. are high quality and are very competitive in price, the U.S. farmers should not worry about our purchasing power."
++SHOTS OVERLAYING SOUNDBITE++

FILE: Yichun City, Jiangxi Province, east China - Date Unknown (CCTV - No access Chinese mainland)
5. Aerial shot of crop field, buildings
6. Various of crop fields
7. Various of crops

FILE: Iowa, USA - November 2017 (CCTV - No access Chinese mainland)
8. Machines harvesting soybeans
9. Various of machine pouring soybeans into vehicle
++SHOTS OVERLAYING SOUNDBITE++

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
10. Various of agricultural machine in field

Beijing, China - Recent (CCTV - No access Chinese mainland)
11. SOUNDBITE (Chinese) Han Jun, Vice Minister, Ministry of Agriculture and Rural Affairs (partially overlaid with shot 12):
"It's not true that we signed an agreement or made a promise under the pressure of the United States. The agricultural products that we import from the United States are what we need, because we cannot satisfy our domestic demand. A gap between production and demand is itself a gap between supply and demand. It will not affect the relevant domestic production."
++SHOT OVERLAYING SOUNDBITE++

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
12. Agricultural machine in field
++SHOT OVERLAYING SOUNDBITE++
13. Agricultural machine in field
14. Various of crops being loaded

Beijing, China - Jan 11, 2020 (CGTN - No access Chinese mainland)
15. SOUNDBITE (English) Cheng Dawei, Economics Professor, Renmin University of China (partially overlaid with shot 16/ending with shots 17-21):
"The global economy and global trading system are facing problems and are facing crisis right now. The economic growth is not so stable. Some people in some countries still suffer economic crisis. So given this background, I think at this moment, [the fact that] the U.S. and China could reach a deal is a great news. Firstly, it's good for China because China needs more opening up, we need economic reform. And we all from the past experience, especially WTO experience, we can see, [that] only [by] opening to the world, China can develop our own economy. So given this background, I think this deal will push China's economic reform and more participate into the global system, especially global value chain. And China's domestic industry also can benefit, and can continue exporting more products to the world."
++SHOT OVERLAYING SOUNDBITE++

FILE: China - Date Unknown (CCTV - No access Chinese mainland)
16. Various of port scenes
++SHOT OVERLAYING SOUNDBITE++

FILE: Washington D.C., USA - Date Unknown (CCTV - No access Chinese mainland)
17. Various of U.S. Capitol building, U.S. national flag

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

FILE: China - Exact Location and Date Unknown (CGTN - No access Chinese mainland)
19. Aerial shots of port

FILE: Tianjin Municipality, north China - July 8, 2019 (CCTV - No access Chinese mainland)
20. Various of containers being loaded onto ship
21. Aerial shot of ship

USA - Recent (CCTV - No access Chinese mainland)
22. Mary Boote, CEO of Global Farming Network, talking with reporter
23. Boote pointing at map
24. SOUNDBITE (English) Mary Boote, CEO, Global Farming Network (partially overlaid with shot 25):
"China produces certain fertilizers and so that are very necessary to farmers in the United States and other parts of the world. And they also have been challenged with extra taxes, the tariffs have been placed on them by both sides, making them much more expensive. So that ability to maybe have those taxes be lowered on products going both ways will be a very important part of this agreement and will be very helpful, not only to the farming situation, but to the economic situation as well."
++SHOT OVERLAYING SOUNDBITE++
25. Boote pointing at map
++SHOT OVERLAYING SOUNDBITE++
26. Boote operating computer
27. Computer screen showing webpage of Global Farmer Network

Storyline


The phase one economic and trade agreement reached between China and the United States will help to boost bilateral cooperation, especially in the field of agriculture, according to Chinese and U.S. experts.

China and the U.S. formally signed the landmark agreement in Washington, D.C. on Wednesday, with Chinese Vice Premier Liu He and U.S. President Donald Trump inking the historic papers at the White House.

The signing of the agreement marks a major breakthrough after the world's two largest economies have spent nearly two years embroiled in an often bitter trade dispute that imposed tit-for-tat levies on each other's commodities, mechanical parts and finished goods.

Han Jun, Vice Minister of China's Ministry of Agriculture and Rural Affairs, is a member of the Chinese delegation which journeyed to the U.S. to sign the agreement. He said the terms of the deal set the agricultural sector as a strong pillar for bilateral relations between both sides.

"We will buy more agricultural products from the United States. And at the same time, we will export more Chinese agricultural products to the U.S. market. The purpose is to let the agricultural sector be a strong pillar for the bilateral relations. The Chinese market for the agricultural products and food is a huge market, is a stable market. If the agricultural products and food from the U.S. are high quality and are very competitive in price, the U.S. farmers should not worry about our purchasing power," he said.

Han also noted the scale of China's huge market and increasing demand for high-quality products, and with food consumption in the country continuously upgrading, it is a simple case of needs being met when it comes to importing agricultural products.

"It's not true that we signed an agreement or made a promise under the pressure of the United States. The agricultural products that we import from the United States are what we need, because we cannot satisfy our domestic demand. A gap between production and demand is itself a gap between supply and demand. It will not affect the relevant domestic production," said Han.

Also hailing the deal was Cheng Dawei, an economics professor at the Renmin University of China, who said that the trade deal is important for continuing China's reform and opening up policy and could help push Chinese companies into going global.

"The global economy and global trading system are facing problems and are facing crisis right now. The economic growth is not so stable. Some people in some countries still suffer economic crisis. So given this background, I think at this moment, [the fact that] the U.S. and China could reach a deal is a great news. Firstly, it's good for China because China needs more opening up, we need economic reform. And we all from the past experience, especially WTO experience, we can see, [that] only [by] opening to the world, China can develop our own economy. So given this background, I think this deal will push China's economic reform and more participate into the global system, especially global value chain. And China's domestic industry also can benefit, and can continue exporting more products to the world," said Cheng.

Meanwhile, Mary Boote, CEO of the Global Farming Network, said the whole world is excited about the deal. With China and the U.S. being two of the world's leading economic giants, trade frictions between the two countries will affect every corner of the globe, meaning this agreement is of far-reaching significance to the entire world.

"China produces certain fertilizers and so that are very necessary to farmers in the United States and other parts of the world. And they also have been challenged with extra taxes, the tariffs have been placed on them by both sides, making them much more expensive. So that ability to maybe have those taxes be lowered on products going both ways will be a very important part of this agreement and will be very helpful, not only to the farming situation, but to the economic situation as well," she said.

Boote also believes that the deal has great significance for future scientific and technological developments and several other aspects.

She hoped that China and the U.S. can make unremitting efforts to find more cooperation opportunities in the future, so as to benefit ordinary people all over the world.

DOWNLOAD
  • ID : 8132856
  • Dateline : Jan 15/11, 2020/Recent/File
  • Location : Beijing,China United States
  • Category : arts, culture and entertainment
  • Duration : 3'53
  • Audio Language : English/Chinese/Nats/Part Mute
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : No access Chinese mainland
  • Published : 2020-01-17 02:31
  • Last Modified : 2020-01-17 08:14:00
  • Version : 2

China/USA-Trade Deal/Reax

China-US phase one deal to give huge boost to agriculture sector: Chinese, US experts

Dateline : Jan 15/11, 2020/Recent/File

Location : Beijing,China United States

Duration : 3'53

  • English


Washington D.C., USA - Jan 15, 2020 (CCTV - No access Chinese mainland)
1. Various of Chinese Vice Premier Liu He, U.S. President Donald Trump signing China-U.S. phase one trade deal
2. Liu shaking hands with Trump
3. Liu, Trump holding signed copies of deal

Beijing, China - Recent (CGTN - No access Chinese mainland)
4. SOUNDBITE (English) Han Jun, Vice Minister, Ministry of Agriculture and Rural Affairs (partially overlaid with shots 5-9):
"We will buy more agricultural products from the United States. And at the same time, we will export more Chinese agricultural products to the U.S. market. The purpose is to let the agricultural sector be a strong pillar for the bilateral relations. The Chinese market for the agricultural products and food is a huge market, is a stable market. If the agricultural products and food from the U.S. are high quality and are very competitive in price, the U.S. farmers should not worry about our purchasing power."
++SHOTS OVERLAYING SOUNDBITE++

FILE: Yichun City, Jiangxi Province, east China - Date Unknown (CCTV - No access Chinese mainland)
5. Aerial shot of crop field, buildings
6. Various of crop fields
7. Various of crops

FILE: Iowa, USA - November 2017 (CCTV - No access Chinese mainland)
8. Machines harvesting soybeans
9. Various of machine pouring soybeans into vehicle
++SHOTS OVERLAYING SOUNDBITE++

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
10. Various of agricultural machine in field

Beijing, China - Recent (CCTV - No access Chinese mainland)
11. SOUNDBITE (Chinese) Han Jun, Vice Minister, Ministry of Agriculture and Rural Affairs (partially overlaid with shot 12):
"It's not true that we signed an agreement or made a promise under the pressure of the United States. The agricultural products that we import from the United States are what we need, because we cannot satisfy our domestic demand. A gap between production and demand is itself a gap between supply and demand. It will not affect the relevant domestic production."
++SHOT OVERLAYING SOUNDBITE++

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
12. Agricultural machine in field
++SHOT OVERLAYING SOUNDBITE++
13. Agricultural machine in field
14. Various of crops being loaded

Beijing, China - Jan 11, 2020 (CGTN - No access Chinese mainland)
15. SOUNDBITE (English) Cheng Dawei, Economics Professor, Renmin University of China (partially overlaid with shot 16/ending with shots 17-21):
"The global economy and global trading system are facing problems and are facing crisis right now. The economic growth is not so stable. Some people in some countries still suffer economic crisis. So given this background, I think at this moment, [the fact that] the U.S. and China could reach a deal is a great news. Firstly, it's good for China because China needs more opening up, we need economic reform. And we all from the past experience, especially WTO experience, we can see, [that] only [by] opening to the world, China can develop our own economy. So given this background, I think this deal will push China's economic reform and more participate into the global system, especially global value chain. And China's domestic industry also can benefit, and can continue exporting more products to the world."
++SHOT OVERLAYING SOUNDBITE++

FILE: China - Date Unknown (CCTV - No access Chinese mainland)
16. Various of port scenes
++SHOT OVERLAYING SOUNDBITE++

FILE: Washington D.C., USA - Date Unknown (CCTV - No access Chinese mainland)
17. Various of U.S. Capitol building, U.S. national flag

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

FILE: China - Exact Location and Date Unknown (CGTN - No access Chinese mainland)
19. Aerial shots of port

FILE: Tianjin Municipality, north China - July 8, 2019 (CCTV - No access Chinese mainland)
20. Various of containers being loaded onto ship
21. Aerial shot of ship

USA - Recent (CCTV - No access Chinese mainland)
22. Mary Boote, CEO of Global Farming Network, talking with reporter
23. Boote pointing at map
24. SOUNDBITE (English) Mary Boote, CEO, Global Farming Network (partially overlaid with shot 25):
"China produces certain fertilizers and so that are very necessary to farmers in the United States and other parts of the world. And they also have been challenged with extra taxes, the tariffs have been placed on them by both sides, making them much more expensive. So that ability to maybe have those taxes be lowered on products going both ways will be a very important part of this agreement and will be very helpful, not only to the farming situation, but to the economic situation as well."
++SHOT OVERLAYING SOUNDBITE++
25. Boote pointing at map
++SHOT OVERLAYING SOUNDBITE++
26. Boote operating computer
27. Computer screen showing webpage of Global Farmer Network


The phase one economic and trade agreement reached between China and the United States will help to boost bilateral cooperation, especially in the field of agriculture, according to Chinese and U.S. experts.

China and the U.S. formally signed the landmark agreement in Washington, D.C. on Wednesday, with Chinese Vice Premier Liu He and U.S. President Donald Trump inking the historic papers at the White House.

The signing of the agreement marks a major breakthrough after the world's two largest economies have spent nearly two years embroiled in an often bitter trade dispute that imposed tit-for-tat levies on each other's commodities, mechanical parts and finished goods.

Han Jun, Vice Minister of China's Ministry of Agriculture and Rural Affairs, is a member of the Chinese delegation which journeyed to the U.S. to sign the agreement. He said the terms of the deal set the agricultural sector as a strong pillar for bilateral relations between both sides.

"We will buy more agricultural products from the United States. And at the same time, we will export more Chinese agricultural products to the U.S. market. The purpose is to let the agricultural sector be a strong pillar for the bilateral relations. The Chinese market for the agricultural products and food is a huge market, is a stable market. If the agricultural products and food from the U.S. are high quality and are very competitive in price, the U.S. farmers should not worry about our purchasing power," he said.

Han also noted the scale of China's huge market and increasing demand for high-quality products, and with food consumption in the country continuously upgrading, it is a simple case of needs being met when it comes to importing agricultural products.

"It's not true that we signed an agreement or made a promise under the pressure of the United States. The agricultural products that we import from the United States are what we need, because we cannot satisfy our domestic demand. A gap between production and demand is itself a gap between supply and demand. It will not affect the relevant domestic production," said Han.

Also hailing the deal was Cheng Dawei, an economics professor at the Renmin University of China, who said that the trade deal is important for continuing China's reform and opening up policy and could help push Chinese companies into going global.

"The global economy and global trading system are facing problems and are facing crisis right now. The economic growth is not so stable. Some people in some countries still suffer economic crisis. So given this background, I think at this moment, [the fact that] the U.S. and China could reach a deal is a great news. Firstly, it's good for China because China needs more opening up, we need economic reform. And we all from the past experience, especially WTO experience, we can see, [that] only [by] opening to the world, China can develop our own economy. So given this background, I think this deal will push China's economic reform and more participate into the global system, especially global value chain. And China's domestic industry also can benefit, and can continue exporting more products to the world," said Cheng.

Meanwhile, Mary Boote, CEO of the Global Farming Network, said the whole world is excited about the deal. With China and the U.S. being two of the world's leading economic giants, trade frictions between the two countries will affect every corner of the globe, meaning this agreement is of far-reaching significance to the entire world.

"China produces certain fertilizers and so that are very necessary to farmers in the United States and other parts of the world. And they also have been challenged with extra taxes, the tariffs have been placed on them by both sides, making them much more expensive. So that ability to maybe have those taxes be lowered on products going both ways will be a very important part of this agreement and will be very helpful, not only to the farming situation, but to the economic situation as well," she said.

Boote also believes that the deal has great significance for future scientific and technological developments and several other aspects.

She hoped that China and the U.S. can make unremitting efforts to find more cooperation opportunities in the future, so as to benefit ordinary people all over the world.

ID : 8132856

Published : 2020-01-17 02:31

Last Modified : 2020-01-17 08:14:00

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

Restrictions : No access Chinese mainland

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