Aug 01, 2023 03:19 AM
WORLD
China and France Make Progress on Financial Cooperation
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French Finance Minister Bruno Le Maire, center, speaks at the Ninth China-France High Level Economic and Financial Dialogue July 29, 2023, in Beijing.
France and China will welcome a French bank to set up a wholly owned securities unit in China, and the two countries agreed to establish a working group to communicate on regulating the cosmetics industry.
The two measures were unveiled at the China-France High Level Economic and Financial Dialogue held Saturday in Beijing, co-hosted by French Finance Minister Bruno Le Maire and Chinese Vice Premier He Lifeng.
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