(8 Apr 2013)
1. Wide of Yasuo Fukuda, former Japanese prime minister and chairman of Boao Forum for Asia, walking towards and shaking hands with Chinese President Xi Jinping
2. Close-up of Xi
3. Close-up of handshake
4. Mid of of Xi greeting Andrew Forrest, Chairman of Fortescue Metals Group
5. Close-up of Boao Forum for Asia logo
6. Pan across meeting
7. Mid of Xi and forum officials
8. SOUNDBITE: (English) Zein Abdalla, President of PepsiCo:
“Likewise foreign companies like ours naturally share your recent calls, President Xi, to promote transparency and fairness. The better we understand the policy directions and the political decision-making in China the better we can plan, to commit resources and continue to build successful business that contributes to China’s ongoing success.”
9. Mid of Xi taking notes
10. Close-up of Dhanin Chearavanont, Chief Executive Officer, Zendai Group, speaking
11. Wide of meeting
12. Close-up of Koji Miyahara, Chief Executive Officer, Nippon Yusen Kabushiki Kaisha (NYK), speaking
13. Wide of meeting
14. Close-up of Olof Persson, Chief Executive Officer, Volvo Group, speaking
15. Close-up of business delegates taking notes
16. SOUNDBITE: (Mandarin) Xi Jinping, Chinese President:
“Through our efforts, it is possible for China to sustain a fairly high speed of economic growth. A very high speed of growth we will not sustain. We don’t want to and we can not. But a fairly high speed of growth can be sustained.”
17. Mid of business representatives taking notes
18. Various of Xi speaking to Fukuda
19. Pan across Abdalla greeting Xi
20. Close-up of Li Xiaolin, Chief Executive Officer, China Power International Development and daughter of former Chinese premier Li Peng
21. Various of Li speaking to Xi
STORYLINE:
Business representatives on Monday asked the Chinese president for greater transparency, further reforms in several economic sectors and equal treatment for public and private companies.
In return, Xi Jinping called on representatives of 30 of the biggest enterprises in the Asian country to help reform economic structures to maintain growth.
But he warned them that a slowdown in the breakneck speed of the previous decade was inevitable.
“Through our efforts, it is possible for China to sustain a fairly high speed of economic growth,” said Xi at the Boao Forum for Asia, a China-sponsored talk shop for the global elite, held on the island of Hainan.
“A very high speed of growth we will not sustain. We don’t want to and we can not.”
Addressing Xi, PepsiCo’s president called for China to continue opening economic sectors to foreign investment.
Zein Abdalla also said he wanted to see less bureaucracy.
“Foreign companies like ours naturally share your recent calls, President Xi, to promote transparency and fairness,” he said.
“The better we understand the policy directions and the political decision-making in China the better we can plan to commit resources and continue to build successful businesses and contribute to China’s ongoing success.”
Yasuo Fukuda, the former Japanese prime minister who is chairman of the Boao Forum for Asia, co-chaired the meeting on Monday.
There were no signs of any specific talks between him and Xi on ongoing territorial disputes involving their countries.
One of the few female business representatives invited to the meeting on Monday was Li Xiaolin, the head of China Power International Development.
Li is also the only daughter of former Chinese premier Li Peng.
Find out more about AP Archive:
Twitter:
Facebook:
Instagram:
You can license this story through AP Archive:
source