like the body and facility targeting a senior from us coming up next year on the the, the news it's dw business. i'm terry martin from me and all of us here at the w and is thanks for watching the actually we don't have a choice. so we have little time list to save the planet. so we have to do what we can as fast as possible. we only have one generation left just 25 years to increment the greatest revolution since the tune of the industrial age . replacing fossil fuels with renewable energy around the world without exception is

a global energy to information really cost of the food as well. or is it a pull out to pot document free the renewables revenue jobs november 25th dw, the closed door. amazing. but the good of shape, the future of china, of the economy. high ranking communist party officials gather in beijing to discuss how to address problems ranging from the countries aiming properly sector to use, unemployment will bring you f 1st analysis. also coming up quite decades old vehicles from the you are entering up on the street all out the a business dw business on tape ferguson. the thanks for joining me. the chinese

government is holding a major financial conference in beijing and toppling some of the country's most pressing economic challenges. the national financial work conference takes place once every 5 years behind closed doors. this time leaders are expected to be discussing ways to address china is enormously invested. property sector, tackling unemployment and strength from the con, the government script on the countries. $61.00 trillion dollar financial sector. for more than this, that spring and andrew collier, china analyst of global force partners 8 macro economic research firm. andrew, this amazing takes place every 5 years behind closed doors. what kinds of decisions tend to be made there? well this particular meeting is a lot more important than other meetings they've had, because this is the 1st time that she didn't ping or any leader has concentrated all economic decision making right in the center of the party system in the poly bureau. so we're all rather eager to find out what kinds of decisions are going to

be made, and that's one of the problems. it's now become a bit of a black box to figure out what's going on since the this group is lot more important that the central bank or the, the csr see which regulates the stock markets. and so we don't really have a clue at this stage of what's likely to happen. i could make some guesses, however, um, basically they're going to be doing a balancing act to try to figure out ways to save the countries turbo property market, which has been a driver of growth for the last decade. without us, we're spending good money after bad because so many property projects it's gone belly up. so it's an interesting balancing act of for the economic group that's meeting. so let's talk a little bit more about that balancing acts in the property sector. we've seen the demise of evergreens and the country garden is in trouble as well. how is the

government planning on tackling this issue? well, they're not basically i, i think the attitude a cheated paying and the others is that they can't keep the property bubble going on. forever, so a lot of developers are going to have to go out of business. we know anecdotally that a lot of the smaller companies have gone under. now we're seeing some of the big ones go under. i don't think she can pin cares that much about these developers of the property sector. he's desperate to move the country into a new growth path. hopefully would something sexy like somebody, conductors or artificial intelligence or robots or electric vehicles, that kind of thing. but meanwhile, he's figures, if he's got to take the hit on the property sector, now he's going to do that. let's talk about another economic problem. china has use unemployment. one is 5 young people doesn't have. it's all we know trying to has a demographics problem. it desperately needs young workers to support its aging population . why aren't the opportunities there as well?

first of all, china has indulged in putting people in universities for the last several decades as a way to keep them off the streets. and unfortunately, the job creation is not kept based on the demand. second thing is in a campaign that started back in 20192020. he got rid of a lot of the gig economy companies. he cut them down to size the amazons of china. and the owners of china basically were reduced in scope and they were providing a lot of jobs for young people, not terribly great wages. and the worker protections weren't so great. but at least it was something for people to do. and he's gotten rid of that. now there's a shortage of capital, so a lot of small businesses that would be shipping goods overseas or doing small you guys for christmas, for americans or british is they're having difficulty getting enough money. so a lot of the small. busy businesses are running out of funds, so it's, it's a tough nut to crack, particularly given that he's doubling down the state system,

which is really helping anybody this doubling down you mentioned, is this simply all about control, or is there a genuine economic strategy behind i? i think that it is partly economic strategy and partly control. um, i don't doubt that he's a true believer and in communism in the state sector, he kind of grew up with that in his model. and i've been told by people that that's the way he thinks, if he's going to, if you're going to turn back to your grab bag of ideas, state state industries is the way for him to go. so we spent a lot of money into big semi conductor firms that are government own, that unfortunately are fairly and efficient. so he's, it's slowing the pace of migration away from property. and that's what really worries me because at a time when the airplane is slowly starting to fall, he's, he's increasing, he's putting his foot on the gas to make it fall faster onto collier there. and you

can watch the full version of our conversation on the dw, easy to tunnel, to stay with china. we've just been talking about some of the countries most pressing economic challenges. but one area in which it is leading the way is in electric mobility. take a look here and change and assign them to have profound public transport times formation is on the way china is the world's top carbon emulator. boosting electric mobility is one way to address the problem. in general is the 1st step to to eliminate these of buses, opting for a fully electric fleet. back in 2017. these passengers are at the forefront of a pioneer in shifting public transport. but she beckoned driving to use the electric buses is incredibly comfortable. the intelligence system has enhanced every also it's simpler to operate more environmentally friendly and to reduce noise levels are noticeable. it's a marked improvement. sion janet style blazing clean public transportation moves

set a benchmark for other chinese mentor port a since amy to transition that your public transport systems entirely to electric by 2025. but china is still an outlier and clean transportation. the country accounts for over 90 percent of towards electric buses and trucks as part 2021 data by international council on clean transportation. however, besides the environmental benefits of stringent electric bus network, it runs with assorted consistency with buses taking minimum amount of time to recharge of the facility. we did the remaining 20 percent charge. honestly, it takes roughly 90 minutes to fully to charge the buses to yeah, you know, the visual with the transition to electric buses present it to an issue. challenges from unfamiliar technology to ensuring adequate charging infrastructure has a limited range. according to stringent public transport offer shows,

the buses not match the performance of their decent predecessors at the beginning of the summer. with step by step, solve the problem. now we can say we almost have the same technical performance of our buses compared to the the buses in the past. these electric buses are produced by b y d, headquartered in the same city. china is rising electric vehicle giant showcase to significant growth in the chart quarter of 2023 for developing a 22 per cent increase in profits compared to a year earlier. sion janet jones formation into a beacon of electric, public transportation set sick on pending precedents. it offers a glimpse into a future where organ mobility and environmental protection can. corey exist now to some of the other global business stories making news. british energy giants

b p has posted a lower than expected process of $3300000000.00 and the 3rd quarter the company's ness earnings were done from over a $1000000000.00 in the same period last year. and the company for a significant jump in the office after the rest of the invasion of ukraine. a mess i own platforms, facebook and instagram are launching paid subscriptions. in most of europe that will remove from the platform. the option will be exclusive to people in the u. europeans, economic area, and switzerland, starting in november and albania. one of the poorest countries in europe 5 is car ownership remains relatively low, but things aren't changing fast. decades old cars generally and portion illegally from the u. r. no, a common slice on the roads aging. second hand cars are still chugging along the roads of albania. officially e u emission standards requirements prohibit the in portable vehicles, but that doesn't stop agent 2nd hand cars and taking to the streets. on the

outskirts of the capital toronto, this dealer selves imported cars from germany, italy, and switzerland. his prize offering a mercy. these 500 s yeah. the manufacturer year 1985 a 37 years of age. this old timer shouldn't actually be sold anymore. old cars generate a lot of air pollution. the commercial inspections need to become more systematic . now these, the lawmakers must also come up with a functioning inspection system. this should also include penalties for those who violate the laws. the emission standards are regular. however, that alone won't solve the problem. we really need a chain of inspections for old cars and their emissions. old cars are mostly driven in rural areas where inspectors don't appear to scrutinize bothers inspection stickers too closely. farmer battery areas car has already

covered more than 250000 kilometers. he bought for the equipment of 800 euros 12 years ago. he doesn't even have an inspection sticker. it's not necessary once he's only driving within the community or in the fields he reckons. for its part, the government insist that it's made great strides and controlling traffic and air pollution. a new inspection center, the largest in the country, was built in the capitol hill. the impact on that, the, in practice, it is about pop bureau for standards for used cars and euro 5 or euro 6 standards for new cars with 0 kilometers actually being registered here. but the 1st time for the bar headed the registration authority admits. however, the rules are not uniform, the enforced options, the countryside. people are quite pleased that the police aren't everywhere. farmer barry goes to his spare parts dealer. his car should keep running for

a long time. so i me, so i lose the head of the family business, the stocks, everything used, car owners around here need roman book here. we're now pena, we have a problem with poor fuel quality for old cars. do not pollute the air. no, not the tool. i know this because i'm an expert in this area, making a little marika, but i, i love my car. however, he knows that the year of old cars and albania is slowly sputtering to a halt. but he intends to keep the business taking over as long as possible on that ross so far. so from where you can always check i d, w dot com slash business for on the news youtube channel as well from me on the business team here in berlin. is the buy sticker? the are in good shape women's. how is it

under recessed? with incorrect treatment. modern medicine is based on min. about the female body and organs. we are different diagnoses. medication therapies must be taken into consideration for women in good shape. next on d, w, the in many countries, education is still a privilege. property is one of the main causes some young children walk in minecraft. instead of going to class others can attend classes, the minions of children of the world.

we ask why? because education makes the world make up your own mind. made for mines the show is something men can do that women talk to at least as well, but there's no denying one crucial difference. women have 2 x chromosome spirals, man have one x and one y chromosome. that needs to different susan physique, organs, and homemade assistance. but when it comes to medical treatments and medication research still tends to be conducted mostly with man, effectively discriminating against women. welcome to in good shape.