In the first two months of 2019, bilateral trade volume climbed 19.4% year on year to US$10.6 billion while China's imports from France grew 42.2%. Handout.

Bilateral trade volume between China and France saw a record US$62.9 million in 2018 with 15.5% year on year growth, the Ministry of Commerce said Thursday.

France’s exports of agricultural products, pharmaceuticals, cosmetics and luxury clothing are experiencing fast growth, MOF spokesperson Gao Feng, told a news conference.

In the first two months of 2019, bilateral trade volume climbed 19.4% year on year to US$10.6 billion while China’s imports from France grew 42.2%. During the first China International Import Expo in November 2018, French exhibitors ranked second in sales among exhibitors from all countries.

In terms of investment, France is the fourth largest country in the European Union to invest in China and ranks third in attracting Chinese investment in the EU. In 2018, direct investment from France to China grew 28%, while investment in reverse increased 12%.

By the end of January, the total investment between the two countries surpassed US$ 40 billion.

Gao Feng said the two countries have kept deepening cooperation in traditional industries such as nuclear, aviation and automobile industries, while actively expanding cooperation in emerging industries including environmental protection, elder-care and finance.

Asia Times Financial is now live. Linking accurate news, insightful analysis and local knowledge with the ATF China Bond 50 Index, the world's first benchmark cross sector Chinese Bond Indices. Read ATF now. 

Join the Conversation

18 Comments

  1. Thanks for the good writeup. It if truth be told was a enjoyment account it.
    Glance complex to far introduced agreeable from you!
    By the way, how could we keep up a correspondence?

  2. excellent publish, very informative. I ponder why the opposite specialists of
    this sector do not notice this. You must continue your writing.

    I’m sure, you have a great readers’ base already!

  3. I’ve been exploring for a little for any high-quality articles or blog posts on this kind
    of area . Exploring in Yahoo I finally stumbled upon this site.
    Studying this information So i am glad to convey that I’ve an incredibly excellent uncanny feeling I found
    out just what I needed. I so much unquestionably will make sure to don?t
    forget this web site and provides it a look on a continuing basis.

  4. Your style is unique in comparison to other people I’ve read stuff from.

    Many thanks for posting when you have the opportunity, Guess I’ll just bookmark this blog.

  5. Hey there, I think your blog might be having browser compatibility issues.
    When I look at your blog in Chrome, it looks fine but when opening
    in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up!
    Other then that, superb blog!

  6. When I originally commented I appear to have clicked on the -Notify
    me when new comments are added- checkbox
    and now each time a comment is added I recieve four emails with
    the same comment. Is there an easy method you can remove me
    from that service? Many thanks!

Leave a comment

Your email address will not be published. Required fields are marked *