Chinese vice premier He Lifeng hosts French counterpart in Beijing as the two countries seek to bolster ties despite differences over Ukraine, other issues
China hopes France can"stabilise the tone" of EU-China relations, vice premier He Lifeng told his French counterpart in Beijing, as European leaders debate how to balance"de-risking" and cooperating with the world's second-largest economy.
He also told French Economy Minister Bruno Le Maire on Saturday that China is willing to deepen cooperation with France in traditional areas such as finance as well as in science and technological innovation, as the two sides meet for their ninth Economic and Financial Dialogue. "It is hoped that France will stabilise the tone of friendly cooperation between China and the EU," He said during opening remarks to an afternoon of discussions at Beijing's Diaoyutai State Guest house, adding that China believes its bilateral ties with France"have a good foundation."
China is France's third largest trade partner behind the European Union and the United States, but French firms are becoming increasingly concerned they could get caught in the cross-fire of rising economic rivalry between th e world's two economic superpowers. European Union governments last month also approved an 11th tranche of sanctions against Russia that could hit Chinese firms considered circumventing measures that were already in place.
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