GUANGZHOU, China, May 27, 2024
/PRNewswire/ -- News report from GDToday
Organized by Guangdong, Hong
Kong SAR and Macao SAR, the Guangdong-Hong Kong-Macao Greater Bay Area and
Europe (France) Economic and Trade Cooperation
Conference was held in Paris on
May 24 (local time).
More than 400 representatives from French industrial and
commercial circles attended the conference.
"This is a very important event, which put in contact with
different companies, even new companies," said Gilles-Henry Garault, Vice-President and
President of the International Commission, Encouragement Society
for Industry in France. He
indicated that the GBA can be one of the first economic centers in
the world.
At present, about 1/3 of the French companies in China have chosen to settle in Guangdong, including EDF Energy, Danone and
Sanofi. In Garault's opinion, the GBA is the first choice for
foreign companies to enter China.
According to the data published by Guangdong Sub-Administration
of General Administration of Customs of China, in Q1 this year, trade volume between
France and the province of
Guangdong reached 24.86 billion RMB, increasing 11.1%
year-on-year.
"I have been to the GBA many times since I became the CEO of
Airbus China in 2003." said Norbert
Ducrot, President of Wavelandes, "I discovered that the GBA
is a fantastic region with a huge population and market. This year
is very important because it's the 60th anniversary of the
diplomatic ties between China and
France."
In the beginning of May, both China and France made a joint declaration on enhancing
global governance cooperation on artificial intelligence.
According to a ranking published by the World Intellectual
Property Organization, the Shenzhen-Hong
Kong-Guangzhou science and
technology cluster has been listed the second for the past 4
years.
Ducrot indicated that the GBA is the best place for both
France and China to launch projects in the fields of
software and hardware, electronics domains, and artificial
intelligence, as this region has developed tech businesses and
abundant resources of talents.
"The conference reflects the remarkable achievement of economic
development in China," said Roger
Sebbagh, Special Adviser of French President. He indicated that he
would like to play a role in bridging France and China in the future.
In his opinion, cooperation between France and China is a win-win cooperation and he believes
that the collaboration will bring positive influence to other
countries and promote their development.
According to preliminary statistics, 36 bilateral investment and
trade cooperation projects between France (and Europe) and Guangdong, Hong
Kong and Macao are reached
with a total value of 3.22 billion US
dollars in this conference. Among them, France (and Europe) will invest 1.59 billion US dollars in the GBA, while the GBA
will invest 1.47 billion US dollars
in France (and Europe).
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SOURCE GDToday