China and France have pledged to deepen economic cooperation while tackling shared global challenges during the 10th China-France High Level Economic and Financial Dialogue in Paris. The meeting signals renewed momentum in one of Asia-Europe's most strategically vital partnerships.
Dialogue Highlights Mutual Priorities
Chinese Vice Premier He Lifeng and French Economy Minister Bruno Le Maire co-chaired Thursday's talks, emphasizing commitments to multilateralism and sustainable growth. He reaffirmed China's dedication to fostering open trade and enhancing financial collaboration under the countries' comprehensive strategic partnership framework.
Tangible Outcomes and Sectoral Cooperation
The nations signed agreements on agricultural trade including poultry products and breeding materials. He's itinerary included visits to French family farms and meetings with leading companies in cosmetics, pharmaceuticals, and aviation – sectors where French expertise aligns with China's modernization goals.
Economic Ties by the Numbers
With $79.58 billion in bilateral trade recorded in 2024, France remains China's third-largest EU trade partner, while China stands as France's top Asian economic counterpart. Discussions emphasized attracting reciprocal investments and expanding market access for high-quality goods.
Both parties reiterated intentions to coordinate on climate initiatives ahead of critical international environmental summits, positioning the partnership as a potential blueprint for North-South cooperation on sustainable development.
