In 2024, China and France will celebrate the 60th anniversary of their diplomatic relations—a milestone that marks six decades of robust economic and trade cooperation between the two nations.
Over the years, China’s rapid economic development and increasing openness have fostered a thriving partnership with France. Trade between the two countries has flourished, with French companies making significant inroads into the Chinese market. These enterprises have become integral to China’s economic landscape, benefiting immensely from the expanding opportunities.
French firms such as Accor Greater China, BNP Paribas (China) Ltd., and AXA Tianping P&C Insurance Co., Ltd. have successfully integrated into the Chinese market. Gary Rosen, CEO of Accor Greater China, expressed enthusiasm about the company’s growth, stating that China offers unparalleled opportunities in the hospitality sector.
Similarly, CG LAI, CEO of BNP Paribas (China) Ltd., highlighted the importance of China’s financial markets for global investors and the bank’s commitment to supporting economic collaboration. Kevin CHOR, CEO of AXA Tianping P&C Insurance Co., Ltd., emphasized the mutual benefits of Sino-French cooperation in the insurance industry.
As the 60th anniversary approaches, the deepening economic ties between China and France exemplify the success of international collaboration. French companies continue to find fertile ground in China, contributing to and benefiting from the nation’s dynamic economic environment.
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Watch: China-France relations boost economic ties in 60 years
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