Arab Today, arab today france and china aim to win developing markets
Last Updated : GMT 21:34:07
Arab Today, arab today
Arab Today, arab today

French FM Laurent Fabius:

France and China aim to win developing markets

Arab Today, arab today

Arab Today, arab today France and China aim to win developing markets

French FM Laurent Fabius (L)
Beijing - Arab Today

France and China are interested in expanding their cooperation to win markets in Africa or Asia, French Foreign Minister Laurent Fabius said Friday as he confirmed Chinese Premier Li Keqiang's upcoming visit to Paris.

"It is taken for granted that (Li) will travel to Paris and Toulouse at the end of June, start of July," the French minister said during his 10th visit to China.

Fabius met Li in Beijing Friday in the Zhongnanhai government enclave, near the Forbidden City, to discuss topics for the Chinese leader's trip.

It would in particular include "the development of joint projects in third markets, be they Asian or African markets," said Fabius.

China faces serious industrial overcapacity and slowing domestic demand, which are pushing its companies to expand their markets.

It could benefit from the expertise of French groups in markets where they are long-established.

The two countries also intend to strengthen cooperation in "food, health, services, finance," the minister said.

French investment in China jumped 29.8 percent year-on-year in the first four months of 2015, Beijing said Friday, and Chinese investment in France has thrived, as evidenced by the acquisition of the iconic Club Med by Chinese conglomerate Fosun.

"The volume of trade has also grown," said Fabius.

France, however, still has a colossal trade deficit of around 26 billion euros ($30 billion) a year, "it is obviously necessary to gradually reduce it", he said.

In a meeting Friday with Commerce Minister Gao Hucheng, Fabius also "recalled French expectations in aviation cooperation," according to an official source.

European aircraft manufacturer Airbus, based in Toulouse, has a Chinese medium-haul A320 assembly plant and has discussed with its Chinese partners an expansion of their industrial cooperation on the long-haul A330.
Source: AFP

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today france and china aim to win developing markets Arab Today, arab today france and china aim to win developing markets

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today france and china aim to win developing markets Arab Today, arab today france and china aim to win developing markets

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday