The National - News

French and Chinese presidents hold discussion­s with aim of cementing closer trade ties

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Chinese President Xi Jinping and his French counterpar­t Emmanuel Macron have held talks and overseen the signing of business deals as the two global leaders seek closer ties.

After touring Beijing’s sprawling Forbidden City, Mr Macron yesterday met Chinese business leaders and held talks with top officials at the Great Hall of the People.

Mr Xi, who had already hosted the French president and his wife Brigitte for dinner on Monday, treated him to a military honour guard at the hall before their meeting.

Mr Macron, who has positioned himself as the leading voice of the European Union, came to Beijing to discuss an ambitious agenda with president Xi, the most powerful Chinese leader in decades.

Mr Macron has put on the charm during the visit, giving Mr Xi a Republican Guard horse as a gift and delighting Chinese social media users by releasing a video of him learning to say his climate slogan, “Make the planet great again”, in Mandarin.

France, which runs a €30 billion (Dh132.13bn) deficit with China, wants to “rebalance” its trade relationsh­ip with Beijing and, like other European nations, has demanded reciprocal access to the huge Chinese market.

“China is conducting its economic developmen­t strategy and, given the size of this market, it has an impact on globalisat­ion as a whole,” Mr Macron said while visiting a start-up incubator, which offers new companies office space and other services, in Beijing. “This requires a strong France. If France can’t adapt, it will fall behind,” he said.

The two presidents are expected to oversee the signing of some 50 agreements, including in the strategica­lly key sectors of nuclear energy and aviation.

Mr Macron came to China with some 50 business leaders, including the heads of European aerospace giant Airbus and French state nuclear energy company Areva.

Ahead of the ceremony, Chinese online retailer JD.com announced plans to sell French goods worth US$2.4 billion to Chinese consumers over the next two years and spend €100 million on French industrial products.

In a keynote speech on Monday, the French president urged the European Union to participat­e in president Xi’s cherished $1 trillion Silk Road trade infrastruc­ture project despite misgivings, although he warned that the initiative should not create a “new hegemony”.

It is the first state visit by a European leader since China’s Communist Party congress last October, which reinforced Mr Xi’s grip on power as he was formally handed a second term and his name was enshrined in the party’s constituti­on.

Beijing has praised Mr Macron’s decision to make China his first state visit to an Asian nation. US president Donald Trump visited the Chinese capital in November and was given a lavish welcome.

Earlier, Mr Macron and his wife were accompanie­d by students from the French internatio­nal school and a French historian as they walked along the red-walled palaces of former Chinese emperors at the Forbidden City.

On a sunny but bitterly cold

day, Mr Macron asked historian Patrice Fava to translate a banner which read: “With fairness, govern from the centre”.

“It’s important. It’s symbolic,” said Brigitte Macron, whose husband campaigned as a centrist candidate in the French presidenti­al election.

At the Forbidden City’s pavilion of Supreme Harmony, Mr Macron drew a parallel with the 19th Communist Party congress.

“This also allows us to better understand one of the themes of the 19th congress raised by president Xi Jinping,” Mr Macron said.

“This also comes from a profoundly anchored history in this country.”

 ?? AFP ?? French president Emmanuel Macron before the start of a meeting in Beijing yesterday
AFP French president Emmanuel Macron before the start of a meeting in Beijing yesterday

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