This year marks the 60th anniversary of diplomatic relations between China and France, celebrated with a significant financial empowerment and industrial cooperation exchange meeting between Wuxi City in east China and Paris. Held in Paris on Thursday, the event underscored Wuxi's commitment to expanding its global openness.
During the meeting, several cooperation agreements were signed, including the establishment of the permanent venue for the International Private Equity Market Forum's China chapter in Wuxi, Jiangsu Province. This strategic move is set to position Wuxi as a preferred destination for leading European companies, high-quality projects, and premium capital.
Gilles-Henry Garault, vice president of the French Chamber of Industry and Commerce, highlighted the potential of Chinese cities like Wuxi. \"By highlighting their strengths, these cities strive to secure cooperation opportunities,\" he said.
Wuxi has been rapidly developing new quality productive forces, expanding its global "friend circle" since the beginning of the year. Between January and April, the city's total foreign trade import and export value reached 232.81 billion yuan (approximately $32.75 billion), marking an 8.2 percent year-on-year increase—the highest value for the same period in history.
The event was attended by Zhao Jianjun, mayor of Wuxi, who led a delegation to France. In his speech, Zhao expressed enthusiasm for collaborating with French partners to seize new economic and trade opportunities. \"We aim to strengthen collaboration in key industries such as automotive, electronics, and new energy, support more small and high-quality French enterprises in expanding into the Chinese market, and continuously expand cooperation in agriculture, food, wine, and other areas,\" he stated.
Zhao also committed to advancing financial empowerment by fostering a high-level integration of technology, industry, and finance. This initiative aims to enhance Wuxi's \"465\" modern industrial cluster, driving increased industry efficiency, project growth, and capital appreciation.
Reference(s):
Wuxi to promote opportunities for industrial investment with Paris
cgtn.com
