Bruno Le Maire in China to testify to the French attractiveness

The France has competitive advantages: this is the message that Bruno Le Maire will want to convey to investors during his trip to China, which begins this Friday, July 28 and ends on Monday. During this visit, the French Minister of the Economy is expected to meet with electric vehicle manufacturers.

French Economy and Finance Minister Bruno Le Maire, in Paris, July 1, 2023. AFP - STEFANO RELLANDINI

Text by: RFI Follow


Read more

While the Chinese car manufacturer BYD and the American Tesla are thinking together about building new factories in Europe, Bruno Le Maire would like to encourage Chinese manufacturers to produce electric vehicles in France.

It is to meet a number of Chinese business leaders, that the French Minister of Economy will travel to Shenzhen, in the south of the country. The message displayed by Bercy: France is an attractive country for foreign investment and for the production of technologies necessary for the ecological transition.

" READ ALSO Electric batteries: Europe struggling in the face of American and Chinese competition

Among other interlocutors of the minister, the head of XTC. Last May, the Chinese group and the French Orano formalized their association to manufacture battery components for electric vehicles in Dunkirk. An investment of one and a half billion euros.

Other topics such as the fight against climate change and the debt of poor countries will have to be discussed in Beijing. But also the French trade deficit with China, which currently amounts, according to Bercy, to 53 billion euros.

" READ ALSO France: the boss of the company Ommic accused of having delivered sensitive technologies

NewsletterReceive all the international news directly in your mailbox

I subscribe

Follow all the international news by downloading the RFI application


Read on on the same topics:

  • France
  • Economy
  • China
  • Trade and Commerce
  • Diplomacy