BR100 Increased By (0.12%)
BR30 Increased By (0.28%)
KSE100 Increased By (0.26%)
KSE30 Increased By (0.26%)
AGHA 7.60 Increased By ▲ 0.01 (0.13%)
BECO 5.56 Increased By ▲ 0.05 (0.91%)
BML 60.00 Increased By ▲ 0.92 (1.56%)
BOP 34.40 Increased By ▲ 0.29 (0.85%)
CNERGY 13.01 Increased By ▲ 0.17 (1.32%)
CSIL 6.40 Increased By ▲ 0.30 (4.92%)
FCCL 58.22 Increased By ▲ 0.56 (0.97%)
FFL 16.37 Increased By ▲ 0.17 (1.05%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 7.44 Decreased By ▼ -0.04 (-0.53%)
KOSM 6.04 Increased By ▲ 0.10 (1.68%)
LOTCHEM 27.70 Decreased By ▼ -0.29 (-1.04%)
MLCF 102.43 Increased By ▲ 1.78 (1.77%)
NBP 204.75 Increased By ▲ 1.00 (0.49%)
NCPL 59.96 Decreased By ▼ -0.61 (-1.01%)
NPL 68.50 Decreased By ▼ -1.46 (-2.09%)
OGDC 318.80 Decreased By ▼ -1.49 (-0.47%)
PACE 11.00 Decreased By ▼ -0.10 (-0.9%)
PAEL 43.00 Decreased By ▼ -0.12 (-0.28%)
PIBTL 16.63 Increased By ▲ 0.07 (0.42%)
PPL 229.20 Increased By ▲ 0.36 (0.16%)
PRL 70.50 Decreased By ▼ -0.52 (-0.73%)
PTC 70.89 Decreased By ▼ -0.76 (-1.06%)
SSGC 27.39 Increased By ▲ 0.71 (2.66%)
TBL 10.35 Increased By ▲ 0.54 (5.5%)
TELE 8.50 Decreased By ▼ -0.11 (-1.28%)
TPL 23.11 Increased By ▲ 0.87 (3.91%)
TPLP 15.75 Increased By ▲ 0.64 (4.24%)
TREET 24.74 Increased By ▲ 0.61 (2.53%)
TRG 60.30 Increased By ▲ 0.46 (0.77%)
World

China wants more investment from French firms, Xi tells Macron

Published Updated
Photo: AFP
Photo: AFP
By

BEIJING: China wants more French companies to invest in the country and hopes France will provide a fair and non-discriminatory business environment for Chinese firms, President Xi Jinping said on Monday.

Xi made the comments in a phone call with French President Emmanuel Macron, Chinese state television reported, fortifying ties with its European trading partner after Macron visited China in April.

China faces an electric vehicle subsidy investigation by the European Union and a looming probe into its steelmakers. Meanwhile, several European countries have complained about China’s opaque laws and rules regarding foreign companies in the country.

“China is willing to maintain high-level exchanges with the French side,” Xi said, adding that he welcomed more French products entering the Chinese market.

Xi explains how he looks at CPEC, bilateral relations

Xi also said China was willing to strengthen cooperation with France at the United Nations and other multilateral institutions. China took over the presidency of the U.N. Security Council (UNSC) this month.

The leader of the world’s second-largest economy also called on France to play a constructive role in promoting the positive development of China-EU relations, as ties have been strained over issues ranging from the EU’s push to reduce supply chain reliance on China to the war in Ukraine.

“China and the European Union should remain partners for mutually beneficial cooperation,” Xi said in the call.

The two leaders also exchanged views on the conflict in Gaza, and agreed that it was imperative to avoid a further deterioration of the situation, in particular an even more serious humanitarian crisis, state television reported.

Comments

Comments are closed for this article.