Cooperation between China and France accelerates: France cant help Huawei to promote economic recovery in various fields

category:Finance
 Cooperation between China and France accelerates: France cant help Huawei to promote economic recovery in various fields


Hu Chunhua said that China is willing to work with France to further strengthen anti epidemic cooperation, consolidate cooperation in major projects such as aerospace and advanced manufacturing, expand cooperation in agriculture, science and technology, finance and other fields, deepen trade and investment cooperation, and strive to create a fair, transparent and non discriminatory business environment for enterprises of both sides.

Le Maire said that France attaches great importance to the development of high-quality France China relations. In the context of the impact of the epidemic on the global economy, France and China should join hands to strengthen practical cooperation in various fields. France is willing to further deepen cooperation in traditional fields with China, tap the potential of cooperation in emerging fields, and promote France China cooperation to achieve more positive results.

In addition to strengthening bilateral cooperation, Hu said the two sides should strengthen communication and coordination in international institutions and multilateral platforms, jointly safeguard the rules based multilateral trading system, promote the improvement of global economic governance, actively respond to various global challenges, and promote the steady recovery of the world economy.

Wang Yiwei, Professor of the school of international relations and director of the Institute of international affairs of Renmin University of China, pointed out in an interview with the 21st century economic report that the timing of this dialogue is very important. When the United States is engaged in anti globalization and trying to start a new stove to exclude China, France still supports the multilateral global governance system. In the absence of the United States, France has played a leading role in the west to a great extent. He said: novel coronavirus pneumonia is facing a global economic impact. The significance of Sino French cooperation is far beyond the bilateral scope. It is of great significance to China and the whole world.

France does not prohibit Huawei from investing in 5g in France

France, one of the European Unions leaders, will get a lot of attention on this issue after the UK announced last week that it would ban Huawei. Lemer told French media on the 21st that France would not prohibit Huawei from investing in 5g in France. Le Maire said he had reiterated Frances position to the relevant Chinese authorities on 20.

After the dialogue on the 21st, China and France said in the notes that they will jointly safeguard a fair and non discriminatory market environment and encourage enterprises from all countries to participate in the construction of 5g network in accordance with the principles of marketization and security.

Frances stance contrasts with that of Britain. The British government decided on the 14th to ban the use of Huawei equipment in its 5g network. According to the final decision made by the UK, UK mobile operators are prohibited from purchasing new Huawei 5g devices after December 31, 2020, and must remove all Huawei 5g devices from their networks by 2027.

France has always been a western country that we attach great importance to because of its strong strategic independence, Wang said. France is the first Western power to establish diplomatic relations with China.

Properly solve the flight related matters between the two countries

According to the note, within the framework of the agreement between the Civil Aviation Administration of China and the Civil Aviation Administration of France, which allows Air France to operate three flights a week, both sides welcome Air France to resume operating two flights a week from Paris to Shanghai and look forward to resuming an additional flight from Tianjin to Beijing.

China novel coronavirus pneumonia has been issued to the Chinese flight service in March this year. In order to prevent the entry of new crown pneumonia, the CAAC issued a five one policy for the flight that normally flew in China, that is, every foreign airline can only keep one route to China, and there are only one flight per week. Affected by this policy, Air France has only one airline company with flights to China.

After Chinas China outbreak of novel coronavirus pneumonia, Air France grounded its Chinese route on the grounds of employees exercise of withdrawal right in February 9th. After the epidemic situation was under control in China, the French side requested Air France to resume flights to China on May 30. Under the special care of China, Air France has been allowed to resume passenger flights from Chinese mainland to Shanghai on June 18th, 1 classes a week, and has increased to 2 classes a week since July 20th.

As for the additional flights to Beijing mentioned in the note, the Air France 21st century economic reporter replied, Air Frances current plan is still to operate two flights to and from Paris and Shanghai every week.

In addition, Air China, China Eastern Airlines and China Southern Airlines are also welcome to operate flights from Beijing, Shanghai and Guangzhou to Paris, one each week, according to the statement. When conditions permit, the two sides will further increase the capacity quota between China and France in accordance with the agreement between the competent civil aviation authorities of the two countries.

Support the signing and implementation of the agreement on geographical indications as soon as possible

The China EU agreement on geographical indications reached at the end of last year is the biggest boon for France. In the past, French champagne exports to China have been plagued by counterfeiting. As a big agricultural country, France attaches great importance to this agreement. Wang Yiwei said.

In the note, China and France support the implementation of the commitments made at the 2019 China Europe summit in areas of common interest. Both sides agreed to sign and implement the agreement on cooperation and protection of geographical indications as soon as possible on the basis of the agreement reached on November 6, 2019.

According to the 21st century economic report, according to the EU delegation in China, the agreement will ensure the protection of 100 EU agricultural food geographical indications in the Chinese market, including buffalo cheese from Campania, Languedoc wine, Polish vodka, karamarta olives, etc. At the same time, 100 Chinese products will be protected in the EU, thereby ensuring mutual respect for the best traditions in their agricultural production..

It is understood that four years after the agreement comes into force, the scope of the agreement will be expanded and 175 geographical indications will be added to each side. The agreement also includes a mechanism to add more products of geographical indications later.

In addition to the cooperation under the framework of the China EU agreement on geographical indications, the note points out that China and France also agree to strengthen cooperation between the competent authorities of geographical indications of the two countries, so as to promote the mutual protection of geographical indications between China and France. In November 2019, the State Intellectual Property Office of China signed a protocol on cooperation in agricultural and food geographical indications with the French Ministry of agriculture and food and the French National Bureau of origin and quality.

At present, China and the EU are in the process of reaching a bilateral investment agreement within the year. During the dialogue, China and France reiterated their support for a high-level China EU investment agreement, substantial improvement of market access, elimination of discriminatory requirements and practices affecting foreign investors, establishment of a balanced investment protection framework and inclusion of investment and sustainable development provisions.

Wang Yiwei pointed out that if China EU investment agreement negotiations can be concluded within the year, China EU relations will be promoted to a higher level. Now, France has made a very positive statement, and Germany has been very positive before. France and Germany as EU leaders will play a key role.

Third party cooperation between China and France accelerates

In recent years, China and France have made positive progress in third-party market cooperation. During the dialogue, the two sides further planned the content of future cooperation. The note pointed out that the two sides welcome the successful implementation of demonstration projects of China France third-party market cooperation, such as the container terminal of tingkan island in Nigeria, and the future cooperation between China harbor and France Dafei company on the Laiji port project in Nigeria under the framework of China France third-party market cooperation.

Nigeria, located in the southeast of West Africa and bordering on the Gulf of Guinea in the south, is the largest population and economic power in Africa. In November 2010, China Merchants port acquired a 47.5% stake in TICT, the largest container terminal in tingkan island. Laiji port in Nigeria is invested, constructed and operated by China harbor, which is the first modern deep-water port controlled by Chinese enterprises in the Gulf of Guinea.

Wang Yiwei said that China and developed countries first explored the third-party market with France, and now China has carried out third-party cooperation with about 20 countries. At the beginning, France was always worried about Chinas project standards in the African market, because many African countries were former French colonies, and France had deep interests in these regions. However, since China and France carried out water cooperation in Senegal and achieved good results, Frances attitude has become positive. In the post epidemic era, the third-party market cooperation between China and France is of great significance to the economic recovery of poor areas such as Africa.

China and France call on G20 to extend debt relief period for African countries

In addition, according to the note, the two sides call on the G20 to further extend the debt relief period for relevant countries, including African countries, encourage multilateral financial institutions including the world bank to take more vigorous actions in implementing the G20 debt relief initiative, and strongly encourage private creditors to participate in the debt relief initiative in a comparable manner if they meet the requirements of eligible countries. China indicated that it is willing to play a more constructive role, including studying cases and participating in the debt restructuring cooperation of Paris Club.

Specifically, Wang Yiwei pointed out that after the global pandemic of new coronavirus and its economic impact subsided, many countries may need to carry out debt restructuring, which will not only affect the financial order, but also affect the trend of the international pattern. The International Monetary Fund (IMF) recently warned that due to the large-scale economic stimulus measures introduced by various economies during the epidemic period, the global debt to GDP ratio is expected to rise by 5.1 percentage points to 101.5% compared with the forecast value in April, and further increase to 103.2% in 2021. Rising debt is like an expanding balloon that could burst, the IMF said Wang Yiwei believes that China has made a very positive statement on suspending the repayment of debts by relevant countries. In addition to implementing the relevant G20 initiatives, China also supports the work of the Paris Club on sovereign debt issues. At a time when the risks of the global economic downturn are increasing and many developing countries are facing challenges in their economic development, the joint voice and cooperation between China and France have played an important role in promoting global economic recovery and avoiding social unrest caused by the epidemic. Source: Chen Hequn, editor in charge of economic report in the 21st century_ NB12679

Specifically, Wang Yiwei pointed out that after the global pandemic of new coronavirus and its economic impact subsided, many countries may need to carry out debt restructuring, which will not only affect the financial order, but also affect the trend of the international pattern. The International Monetary Fund (IMF) recently warned that due to the large-scale economic stimulus measures introduced by various economies during the epidemic period, the global debt to GDP ratio is expected to rise by 5.1 percentage points to 101.5% compared with the forecast value in April, and further increase to 103.2% in 2021. Rising debt is like an expanding balloon that could burst, the IMF said

Wang Yiwei believes that China has made a very positive statement on suspending the repayment of debts by relevant countries. In addition to implementing the relevant G20 initiatives, China also supports the work of the Paris Club on sovereign debt issues. At a time when the risks of the global economic downturn are increasing and many developing countries are facing challenges in their economic development, the joint voice and cooperation between China and France have played an important role in promoting global economic recovery and avoiding social unrest caused by the epidemic.