French President Emmanuel Macron wrapped up his visit to the Chinese mainland last week, marking a new chapter in economic cooperation between France and the Chinese mainland.
In a special BizTalk session with CGTN, executives from SUEZ, L'Oreal, Airbus and LVMH shared how their companies are deepening their presence on the ground. They highlighted four key areas driving this momentum:
- Sustainable Development: SUEZ's senior vice president noted that ongoing water treatment and recycling projects have grown by 20% year-on-year, reflecting the Chinese mainland's push for greener urban infrastructure.
- Advanced Manufacturing: Airbus executives reported that orders from Chinese mainland carriers have surged, with over 120 new aircraft deliveries planned through 2026, aligning with Beijing's modernization goals.
- Consumer Market Dynamics: L'Oreal's regional head pointed out double-digit growth in beauty and skincare sales, tapping into a consumer market now valued at over $1.5 trillion.
- Luxury Expansion: LVMH leaders said the Chinese mainland remains the fastest-growing region for luxury goods, with first-half 2025 sales up 25% compared to the previous year.
These insights reveal how French firms are calibrating long-term strategies—blending innovation, sustainability and local partnerships—to thrive in a market that’s evolving at breakneck speed. As Macron's visit underscores, the French and the Chinese mainland are committed to forging a resilient, forward-looking economic partnership.
Looking ahead, executives stressed the importance of cross-cultural collaboration, digital transformation and shared values on environmental goals. With global pressures mounting, the France–Chinese mainland axis could set a blueprint for 21st-century economic diplomacy.
Reference(s):
cgtn.com
