Business
The China-France third-party market cooperation roundtable was held in Beijing on Wednesday, with discussions held on the potential for joint ventures in global markets.
Representatives from China's top economic planner, the National Development and Reform Commission (NDRC), said enterprises from both countries are engaged in cooperative projects in critical areas such as clean energy, environmental protection, infrastructure, and finance.
The officials praised the outcomes achieved in Africa, Asia, and Latin America while reiterating Beijing's determination to promote high-level opening-up.
"Chinese companies have rich experience and strong, comprehensive strength in fields such as infrastructure, energy, equipment manufacturing and the Internet. French companies have unique advantages in industries such as nuclear energy, aerospace, chemicals, pharmaceuticals, fashion and luxury goods. The advantages of both sides' companies are highly complementary, and there's huge potential for third-party market cooperation," said Zheng Chiping, director of the NDRC's foreign capital and overseas investment department.
Top executives from prominent French enterprises and banks were also in attendance.
France is the first country to establish a third-party market intergovernmental cooperation mechanism with China. This year marks the 60th anniversary of diplomatic ties between the two countries.