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President Xi Jinping Attends the Closing Ceremony of the Seventh Meeting of the China-France Business Council and Delivers Remarks

Ministry of Foreign Affairs, the People's Republic of China

Updated: December 04, 2025 20:38

On the afternoon of December 4, 2025, President Xi Jinping attended the closing ceremony of the Seventh Meeting of the China-France Business Council with French President Emmanuel Macron in Beijing and delivered remarks.

President Xi pointed out that this year, the China-France relationship has entered a new 60-year cycle. The two countries are expanding economic and trade cooperation to more areas and enhancing its resilience. In the first 10 months, bilateral trade reached US$68.75 billion and cumulative two-way investment has exceeded US$27 billion. The two sides should renew the original aspiration for establishing diplomatic relations, seize opportunities to deepen cooperation, and work for the steady and sustained growth of bilateral relations. Together, the two countries will jointly open up a more splendid chapter in cooperation and address the uncertainty in today's world with the stability of China-France relations.

First, the two countries should continue to expand new areas for bilateral economic and trade cooperation. China views France as its important and indispensable economic and trade partner. China welcomes France to actively participate in Chinese modernization and will support Chinese companies that have the capacity and willingness in investing and doing business in France. The two sides should further unleash the potential of cooperation in emerging areas such as artificial intelligence, green and digital economy, biomedicine and silver economy, keep advancing openness and cooperation on industrial and supply chains, and foster a fair, transparent, nondiscriminatory and predictable business environment for companies of the two countries.

Second, the two countries should continue to pursue new progress in mutually beneficial cooperation between China and the EU. This year marks the 50th anniversary of the China-EU diplomatic relations. The essence of China-EU economic and trade relations lies in complementarity and mutual benefit, and dynamic equilibrium can be achieved through development. Interdependence is not a risk, and convergent interests are not a threat. China and France should endeavor to ensure that China and the EU stay committed to the comprehensive strategic partnership and jointly work for a brighter next 50 years for China-EU relations. 

Third, the two countries should jointly make new contributions to reforming and improving global governance. This year marks the 80th anniversary of the victory of the World Anti-Fascist War and the founding of the United Nations. To make the global governance system more just and equitable, on top of the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative, I proposed the Global Governance Initiative this September. China and France should practice true multilateralism, jointly uphold the standing and authority of the U.N., uphold the WTO-centered, rules-based multilateral trading system, and contribute to reforming and improving global governance.

President Xi emphasized that according to the Recommendations for Formulating the 15th Five-Year Plan adopted at the fourth plenary session of the 20th Central Committee of the Communist Party of China, China will advance Chinese modernization on all fronts and promote high-standard opening up. China welcomes French entrepreneurs to continue to share China's development benefits.

About 150 representatives from the governments, enterprises and other sectors of the two sides attended the closing ceremony.

Wang Yi was present at the above event.