In numbers: trade relations between China and France

by times news cr

2024-05-06 19:47:17

Chinese President Xi Jinping began a visit to France, on the occasion of the 60th anniversary of bilateral relations between the two countries.

According to Xinhua, “despite the difference in political systems between China and France, the two countries have established a strong partnership characterized by cooperation and mutual respect.”

According to the agency, “In addition to being the first major Western country to formalize diplomatic relations with China in 1964, France is the first major Western country to establish a comprehensive strategic partnership with China, and this European country is also the first Western country to conclude an air transport agreement with China.” It is the first country to cooperate with China in civil nuclear energy projects.”

The agency said: “Over the past 60 years, the volume of trade exchange between China and France has increased significantly, increasing 800-fold to reach 78.9 billion US dollars last year, and in the period from 2019 to 2023, China’s imports and exports with France have grown.” By 5.9 percent annually.

According to the agency, “China is now France’s largest trading partner in Asia, while France is the third largest trading partner and the third largest source of investment in real terms within the European Union for China.”

Moreover, according to Xinhua, “Data from the General Authority of Customs of China confirms the pivotal role played by France. Beyond agricultural imports, France is also a very important source of imports of aircraft and aerospace components, as it represented about 30 percent of the total volume of China’s imports in These two sectors over the past five years.”

According to the agency, “A survey conducted by the French Chamber of Commerce and Industry in China in 2023, which included French companies in China, indicates that 47 percent of member companies intend to continue investing in China.”

Chinese President Xi Jinping said after his arrival in France: “The relations between China and France are a good model for the international community in peaceful coexistence and win-win cooperation,” noting that “the development of relations between the two countries has not only brought benefits to the two peoples, but also contributes to Achieving “stability and positive energy in a turbulent world.”

The Chinese President stressed, “His country’s readiness to consolidate traditional friendship, enhance mutual trust, build strategic consensus, and deepen cooperation in various fields with France through the visit.”


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2024-05-06 19:47:17

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