Transcript: China: Great Dragon, Part 1 and Part 2 - Host Intros | Oct 02, 2018

Fast clips show images of the streets in China.

Diana stands in the studio.

Diana is in her thirties, with long straight black hair and wears a black pencil skirt and a white shirt under a blue sweater.

Behind her, images of China appear on a wall screen with the caption "China. Here and Now."

Diana says HELLO, I'M DIANA FU.
WELCOME TO
CHINA HERE AND NOW,
A DOCUMENTARY SERIES
EXPLORING MODERN CHINA'S
REMARKABLE GROWTH AND INFLUENCE
IN THE 21ST CENTURY.
DID YOU KNOW THAT EVEN
REMOTE VILLAGERS IN CHINA
ARE TURNING INTO
ONLINE SHOPPERS?
TONIGHT'S EPISODES
FOCUS ON
CHINA'S PUSH FOR MORE CONSUMERS
AND ENTREPRENEURS.
CHINA IS THE WORLD'S LARGEST
ECOMMERCE HUB.
ONE IN EVERY THREE
OF THE COUNTRY'S
1.4 BILLION PEOPLE
SHOP ONLINE.
AND JACK MAH, THE FOUNDER
OF ALIBABA GROUP,
HAS BECOME A NATIONAL HERO.
HOW HAS THIS TRANSFORMATION
COME ABOUT?
CHINA'S GDP GROWTH
HAS BEEN BUILT ON
EXPORTING CHEAP GOODS ABROAD,
MEANING ITS ECONOMY WAS
DIRECTLY TIED TO FOREIGN BUYERS.
BUT CHINESE LEADERS REALISED
THAT AN EXPORT ECONOMY
HAD ITS LIMITS.
AS WAGES AND LABOUR COSTS
INCREASED
CHINA MADE A PIVOTAL CHANGE:
IT FOSTERED
AN ECOMMERCE BOOM,
MAKING IT EASIER
TO BUY DOMESTIC.
FROM LARGE ONLINE
SHOPPING CENTRES IN ZHEJIANG
TO RURAL VILLAGES,
TONIGHT'S FIRST DOCUMENTARY
FOLLOWS THE FORTUNES OF
ECOMMERCE ENTREPRENEURS
IN THE LEAD UP TO
THE SINGLE LARGEST
BLACK FRIDAY IN THE WORLD:
THE NOVEMBER 11TH
SINGLES' DAY SALE.
BUT CHINA'S ECONOMIC
TRANSFORMATION
GOES BEYOND GETTING PEOPLE
TO BUY DOMESTIC GOODS.
IT'S ALSO LED TO
START-UP BOOM
AS WE'LL SEE IN TONIGHT'S
SECOND EPISODE.
WHEN START-UP COMPANIES
NEED TO RAISE FUNDING FAST
THEY TURN TO
THE INTERNET FINANCING SECTOR,
FIRMS THAT SPECIALISE IN
RAISING MONEY FROM PRIVATE
INVESTORS WITHIN HOURS.
ENCOURAGING A NIMBLE,
MODERN ECONOMY
IS A PART OF CHINA'S
GRAND PLAN.
AND IN PART,
ITS SUCCESS WILL LIE IN
HOW IT REGULATES THE COMPETITIVE
FIELD OF START-UPS.

Watch: China: Great Dragon, Part 1 and Part 2 - Host Intros