Joint projects to boost global cooperation
China and France have signed a document on the list of the fourthround demonstration projects for developing third-party market cooperation, marking the latest step in Beijing’s bid to strengthen international cooperation.
The list includes seven projects worth over $1.7 billion, covering infrastructure, environmental protection, new energy and others. Many Chinese and French enterprises and financial institutions will participate in the projects in areas including Africa, Central and Eastern Europe, the National Development and Reform Commission said in a statement on Feb 14.
The country’s top economic regulator said the forms of cooperation will include joint investment, as well as Chinese engineering procurement and general construction contracting and French investment and development.