China-CPTPP/Reax

China's open attitude towards CPTPP shows willingness to tackle SOE reforms: expert

  • English

Shotlist


Kuala Lumpur, Malaysia - Recent (CCTV - No access Chinese mainland)
1. Various of APEC posters

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

Beijing, China - Nov 21, 2020 (CGTN - No access Chinese mainland)
3. SOUNDBITE (English) John Gong, professor, University of International Business and Economics (starting with shot 2/ending with shot 4):
"I think this is a major, major development because it has strong application on China's future direction for further reform and opening up. And if we look at the difference between RCEP and CPTPP, all of the differences I think there's one thing that's very important regarding the issue pertaining to the state-owned enterprises. The state-owned enterprises is the most thorny issue in my opinion. I think this is a very strong development that China is willing to resolve that issue, willing to talk about the SOE issue and make it less of a problem for China's trading relationships with the rest of the world."

FILE: China - Exact Location, Date Unknown (CCTV - No access Chinese mainland)
4. Various of factory scenes, workers, machinery, production lines

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

Storyline


China's open and positive attitude towards the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) shows the country's willingness to tackle the reforms of its state-owned enterprises (SOEs), an expert said on Saturday.

John Gong, professor at the University of International Business and Economics, said in an interview with China Global Television Network (CGTN) that it is a major step for China to reform its SOEs, regulate these companies, and make sure they compete on the same footing as the private companies.

"I think this is a major, major development because it has strong application on China's future direction for further reform and opening up. And if we look at the difference between RCEP and CPTPP, of all of the differences I think there's one thing that's very important regarding the issue pertaining to the state-owned enterprises. The state-owned enterprises is the most thorny issue in my opinion. I think this is a very strong development that China is willing to resolve that issue, willing to talk about the SOE issue and make it less of a problem for China's trading relationships with the rest of the world," said Gong.

While attending the 27th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting via video link on Friday, Chinese President Xi Jinping said the country will actively consider joining the trade agreement that spans a number of economies in Asia-Pacific and Latin America.

Effective since Dec. 30, 2018, the CPTPP is a trade pact among 11 countries, including Japan, Canada, Australia, Singapore, Chile, and Mexico, whose aggregate gross domestic product accounts for 13 percent of the world economy.

DOWNLOAD
  • ID : 8166504
  • Dateline : Nov 21, 2020/File
  • Location : China
  • Category : economy, business and finance
  • Duration : 1'22
  • Audio Language : English/Nats/Part Mute
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : No access Chinese mainland
  • Published : 2020-11-21 17:59
  • Last Modified : 2020-11-21 18:44:13
  • Version : 3

China-CPTPP/Reax

China's open attitude towards CPTPP shows willingness to tackle SOE reforms: expert

Dateline : Nov 21, 2020/File

Location : China

Duration : 1'22

  • English


Kuala Lumpur, Malaysia - Recent (CCTV - No access Chinese mainland)
1. Various of APEC posters

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

Beijing, China - Nov 21, 2020 (CGTN - No access Chinese mainland)
3. SOUNDBITE (English) John Gong, professor, University of International Business and Economics (starting with shot 2/ending with shot 4):
"I think this is a major, major development because it has strong application on China's future direction for further reform and opening up. And if we look at the difference between RCEP and CPTPP, all of the differences I think there's one thing that's very important regarding the issue pertaining to the state-owned enterprises. The state-owned enterprises is the most thorny issue in my opinion. I think this is a very strong development that China is willing to resolve that issue, willing to talk about the SOE issue and make it less of a problem for China's trading relationships with the rest of the world."

FILE: China - Exact Location, Date Unknown (CCTV - No access Chinese mainland)
4. Various of factory scenes, workers, machinery, production lines

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


China's open and positive attitude towards the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) shows the country's willingness to tackle the reforms of its state-owned enterprises (SOEs), an expert said on Saturday.

John Gong, professor at the University of International Business and Economics, said in an interview with China Global Television Network (CGTN) that it is a major step for China to reform its SOEs, regulate these companies, and make sure they compete on the same footing as the private companies.

"I think this is a major, major development because it has strong application on China's future direction for further reform and opening up. And if we look at the difference between RCEP and CPTPP, of all of the differences I think there's one thing that's very important regarding the issue pertaining to the state-owned enterprises. The state-owned enterprises is the most thorny issue in my opinion. I think this is a very strong development that China is willing to resolve that issue, willing to talk about the SOE issue and make it less of a problem for China's trading relationships with the rest of the world," said Gong.

While attending the 27th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting via video link on Friday, Chinese President Xi Jinping said the country will actively consider joining the trade agreement that spans a number of economies in Asia-Pacific and Latin America.

Effective since Dec. 30, 2018, the CPTPP is a trade pact among 11 countries, including Japan, Canada, Australia, Singapore, Chile, and Mexico, whose aggregate gross domestic product accounts for 13 percent of the world economy.

ID : 8166504

Published : 2020-11-21 17:59

Last Modified : 2020-11-21 18:44:13

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

Restrictions : No access Chinese mainland

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