From Beauty to Energy: A Trade Story Spanning Six Decades
Did you know one in every three French-made lipsticks sold globally ends up in Chinese hands? 💄 L'Oréal’s booming sales highlight just one thread in the vibrant tapestry of China-France economic ties, celebrating their 60th anniversary this year. From cosmetics to civil nuclear energy, this partnership proves opposites attract—and innovate.
More Than Just Croissants & Skincare
Over 6,600 French companies now operate in the Chinese mainland, investing $19+ billion. Airbus’ second aircraft assembly line in Tianjin 🛩️ and collaborations on next-gen nuclear reactors showcase how both nations are levelling up from consumer goods to high-tech frontiers.
New Frontiers: Green Energy & Digital Dreams
With 47% of French firms planning to expand investments in China (per 2023 surveys), sectors like renewable energy and AI are heating up. 🇨🇳 Commerce Minister Wang Wentao notes trade hit $78.9B last year—with French imports growing 5.5%.
\"Let’s bake a bigger economic pie together,\" urged Chinese President Xi Jinping during January’s anniversary celebrations.
Up next? France takes center stage as Guest of Honor at Beijing’s September trade expo and Shanghai’s November import fair. 🎉
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Lipstick to civil nuclear: China-France economic and trade ties at 60
cgtn.com